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Innovative economic policies for the 21st century

New strategies needed to tackle challenges of ageing, globalisation, and as robots take on human jobs.

Job seekers at a job fair in Seoul; since the 2008 financial crisis, global unemployment has risen by  61 million to 202 million people, or 6 per cent of the labour force.


UNLIKE rapid advances of technology and medicine, developed nation economic policies are stuck in a quagmire. Innovative, lateral thinking strategies are thus essential to generate economic growth.

Quantitative easing (QE) - excessive monetary ease and almost zero interest...