Author Profile :
Dr Grenville is a Visiting Fellow at the Lowy Institute for International Policy and works as a consultant on financial sector issues in East Asia. Between 1982 and 2001 he worked at the Reserve Bank of Australia, for the last five years as Deputy Governor and Board member.
China’s economic vitality continues to confound pessimists, some of whom have been calling a collapse for longer than half a decade.
While Bill Gates’ suggestion of taxing robots to put human workers on a more even competitive footing with the robots deserves serious consideration, the time when governments will pay everyone a living wage seems a long way off.