photo credit: J.P. Esperança East Timor’s Sovereign Wealth Fund has outperformed all the big boys by playing it conservative. Well done! East Timor’s oil fund is thriving thanks to boring investment. IN THE East Timorese capital’s joke of a “financial district”, roosters scratch in the dust as a family of goats bleat at vendors selling porn CDs, “jiggy-jig” as they … Read More
Recent Media
photo credit: takomabibelot Project Coordinator Karl Fitzgerald has been interviewed on 2 recent radio programs: RRR – 16 March Monday 10am – on the GFC and Speed Renting, with a little Vanuatu on the side. 3CR – 06 April Monday 7.30am – on the G20, the GFC and Pacific issues. Make sure you join the Renegade Economists podcast to hear … Read More
Foreign investors exploit cheap Vanuatu land
Last night’s 7.30 Report saw the long awaited report on Vanuatu’s freedom being curtailed by foreign investors. The high rents are hurting, as is the understanding of the lost opportunities when millions in profits are being siphoned out of the country by the real estate industry . This industry is largely dominated by expat aussies ‘making a new start’. A … Read More
Vanuatu – The World’s Happiest People?
Karl Fitzgerald As published in the Mar – April Progress magazine. Get a copy of this cane paper, veggie ink mag sent to you for 6 free editions Related Event – Thurs April 30th – Vanuatu’s Sovereignty Surrendered The World’s Happiest People A 2006 study by the New Economics Foundation and Friends of the Earth found that Vanuatu was the … Read More
Melbourne Social Forum workshops this weekend
photo credit: andredeak Rebooting Economics as if People and Planet mattered This Saturday 3.45pm at the Melbourne Social Forum, CERES Park, Brunswick in the Training Room Learn the language of the powerful so we can turn market forces around to our advantage. There is a way that greens can discuss economics in a manner that is attractive to genuine businessmen. … Read More