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Short breaks can improve decision-making and overall performance. A 2023 study found that holidays "meaningfully improve" the accuracy of equity analysts' earnings forecasts.

International organisations are currently plagued by allegations of powerful states wielding undue influence over outcomes. But their clout does not render multilateralism impossible.

The US, Australia and their allies have long depended on global "rules of the game" for their major companies and sectors to flourish. Australia and the US will have to accept that China will play an ever greater role shaping these rules.

Ngaire Woods | 1 comment | 0.50 CE

Covid-19 has offered some tough but useful lessons about governance. Many wealthy countries have not managed the crisis as well as many poorer and vulnerable countries.