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*Strategic Economic Studies
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RESEARCH PROGRAMS

Assessing large-scale interventions to improve health and wellbeing

It is increasingly recognised that health has complex but pervasive linkages to individual wellbeing and to the viability of communities across the life cycle, and that after many decades of medical innovation, powerful knowledge resources are available to further transform population health. The main focus of this program is to develop and apply better methods for assessing the full economic and social benefits of large scale programs of health intervention, both in individual countries and across groups of countries, and to work with major partners to apply these methods to measure the returns to investment in such interventions. The initial focus of this work has been on 75 developing countries, but these methods also have application to important issues in developing countries such as Australia.

Climate change, energy use and sustainability

The major problems of climate change and environmental sustainability faced by all arise from past patterns of economic growth, but also shape the welfare of current and future generations. The program has two major streams:

1. Climate change science, economics, policy and decision support
2. Environmental and energy economics

The programís approach is transdisciplinary, working across a range of disciplines covering the natural and social sciences, with a focus on applying economics in strategic long-term decision making in the areas of climate change, the environment and alternative energy application. The economic approach is cutting edge, blending market, non-market and institutional economics in ways that can be applied by end users who are not economic experts.

Technology, inequality and regional diversity in contemporary growth

This program focuses on the impact of regional and individual diversity in resources and endowments (such as human capital) in shaping outcomes, in the context of rapid technological change. While the program will reflect the global scope of these issues, the program has particular application to the West of Melbourne, where technology disruption, structural change, income disparities and diversity are drivers of significant economic and social change.

The program builds on established strengths in innovation, regional economics, development economics and human capital to provide strategic policy tools for governments and others in these fields.