Reset

From the bestselling author, a ground-breaking sequel to Superpower. In Reset, renowned economist Ross Garnaut shows how the COVID-19 crisis offers Australia the opportunity to reset its economy and build a successful future -- and why the old approaches will not work. Garnaut develops the idea of a renewable superpower, he calls for a basic income and he explores what the 'decoupling' of China and America will mean for Australia. In the wake of COVID-19, the world has entered its deepest recession since the 1930s. Shocks of this magnitude throw history from its established course -- either for good or evil. In 1942 -- in the depths of war -- the Australian government established a Department of Post-War Reconstruction to plan a future that not only restored existing strengths but also rebuilt the country for a new and better future. As we strive to overcome the coronavirus challenge, we need new, practical ideas to restore Australia. This book has them.