Productivity Commission Chair Warns Corruption and Low Trust Could Chill Economic Activity
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- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
Danielle Wood, chair of the Productivity Commission, warned that declining public trust in governments and 'grey' corruption could chill economic activity. Wood also criticized political attacks on institutions, referencing the criticism from Roger Cook regarding a Productivity Commission report on GST distribution favoring Western Australia.
From afr.com, miragenews.com
Why it matters
The Productivity Commission advises on national productivity issues, noting Australia's ranking behind Mexico. Wood's warnings suggest that a lack of institutional trust and the presence of corruption could make it harder for the government to impose necessary economic reforms.
The Productivity Commission advises on national productivity issues, noting Australia's ranking behind Mexico.
From afr.com
Who's involved
- Danielle WoodChair of the Productivity Commission, who issued the warnings
- Productivity CommissionAustralian Government's principal review and advisory body on microeconomic policy and regulation
- Roger CookPolitician who criticized a Productivity Commission report on GST distribution
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The entities involved
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Danielle Wood
urban planning researcher (ORCID 0000-0002-7547-7669)
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Productivity Commission
Australian Government's principal review and advisory body on microeconomic policy and regulation