Part 1 | Part 2 [6]
The past 30 years have seen a shift away from the post-war approach of governmental guidance and regulation of the economy towards an approach stressing more the primacy, efficiency and self-regulating character of markets. Most recently, the global financial crisis and the now near-universally accepted reality of climate change, have again raised fundamental questions about how best to govern a modern economy. At this symposium, Governing the Economy, organised by the Whitlam Institute and the University of Western Sydney, Chairman of the Productivity Commission Gary Banks looks closely at the question of how (and how much) the market should be regulated by government to guarantee responsible market efficiency. Sydney, December 2009