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Vital Signs: a bounce-back in investment holds open the possibility of very good news

  • Written by Richard Holden, Professor of Economics, UNSW
Vital Signs: a bounce-back in investment holds open the possibility of very good newsBlue Planet Studio/Shutterstock

Private business investment is one of the key drivers of economic growth.

Business investment in equipment (and even in buildings) drives productivity, which the Nobel Prize winning economist Paul Krugman famously observed

isn’t everything, but in the long run it is almost everything

As he put it, a...

Read more: Vital Signs: a bounce-back in investment holds open the possibility of very good news

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