Increasingly financialisation has become a feature of modern day life.
Winners and Losers in Times of Financial Crisis
Researchers: Mike Rafferty
We know that financial crises are destructive events in their impact on national income and economic growth. This research addresses an issue that has received much less attention. What are the distributional impacts of financial crises, both in the impact of the crisis itself and in the subsequent responses of governments to deal with its aftermath? There is currently a growing appreciation that how governments and central banks deal with these distributional consequences can have significant long-term impacts that are just as important as the macroeconomic and prudential impacts of a financial crisis.
Researchers: Bernard Mees, Cathy Brigden, Aron Paul
The financialisation of traditional managerial models is a core focus. Superannuation not only influences the course taken by Australian workers to post-employment (and hence has significant implications for work, employment and the nature of labour markets), it drives significant changes at the top of the largest publically traded companies, both locally and internationally. The development of large superannuation funds is causing a radical change in business management. The role of the trade union movement in the creation and development of industry funds and the evolution of the industry funds movement is a particular focus of the research.
- The development of the Australian industry superannuation movement (Bernard Mees, Cathy Brigden, Aron Paul). Research to write a book on the history of the industry.
- International research (Bernard Mees, Cathy Brigden)
Contact with international scholars on the subject, including Associate Professor Johanna Westar (Western University), Professor Paul Secunda (Marquette University), Dr Anna Tilba (University of Newcastle) and Dr Susan Sayce (University of East Anglia). It is anticipated that this initiative will develop into an international comparative project.
|Bernard Mees||Aron Paul|