Some say neoliberals have destroyed the world, but now they want to save it. Is Scott Morrison listening?

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Abstract

The International Monetary Fund this week delivered a somewhat surprising message. It warned Earth was on course for “potentially catastrophic” damage under climate change, and called for green investment and carbon prices to put the global economy on a stronger, more sustainable footing.

Of course, the message itself makes a lot of sense. The surprising part is that the IMF is the outfit delivering it.

The Washington-based IMF cannot be dismissed as a bunch of latte-sipping leftists. The organisation has traditionally been a bastion of free market economics and fiscal austerity, long detested by socialists.

It’s now abundantly clear Australia’s climate policies are at odds with even the most conservative approach to economic management. Increasingly, the Morrison government is an outlier on the world stage.
Original languageEnglish
Pages1-5
Number of pages5
Volume2020
No.October
Specialist publicationThe Conversation
PublisherThe Conversation
Publication statusPublished - 16 Oct 2020

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