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  • 4 Oct 2017
    • Global Economy

    Global macroeconomic puzzles

    Stephen Grenville
    Monetary policy appears to have lost its guiding compass; unemployment has fallen but inflation and wage pressures have not increased.
  • 3 Oct 2017
    • Global Economy

    ‘Choosing Openness’: Why haven’t we won the argument yet?

    Roland Rajah
    The case for openness is compelling, but also more nuanced than many proponents tend to make it.
  • 15 Sep 2017
    • Global Economy
    • Multilateral Development Banks

    The Asian Development Bank at 50: A spent force?

    Richard Moore
    The Asian Development Bank was once an indispensible institution and should seek to be so again.
  • 6 Sep 2017
    • Global Economy
    • Global Economic Governance

    Toward more stable capital flows

    Mike Callaghan
    Strengthened international cooperation may require one international institution taking overall responsibility for capital flow management.
  • 5 Sep 2017
    • Global Economy
    • Global Financial Crisis

    Ten years after the GFC, are we safe?

    Stephen Grenville
    The tirelessly ingenious financial sector will find new ways of getting into trouble.
  • 1 Sep 2017
    • Global Economy
    • Trade
    • Free Trade

    Free trade is being deferred but not reversed

    Alan Oxley
    This is something trade policy experts understand but many market analysts do not.
  • 31 Aug 2017
    • Global Economy
    • Indonesia's Economy

    Addressing global capital flows

    Stephen Grenville
    It’s time for the IMF to develop some operational guidelines for capital-flow management for emerging economies.
  • 21 Aug 2017
    • Global Economy
    • Australia's Economy

    O Canada! Australia's best hope in the global IP struggle

    Stephen Grenville
    Australia's best hope is that Canada, which shares our position as a major net user of IP, will work hard in the NAFTA negotiations to defend our common interests.
  • 14 Aug 2017
    • Global Economy

    Taxing global capital

    Stephen Grenville
    Enterprises that benefit from the deep social and legal infrastructure needed to make its operations possible should pay a fair tax somewhere.
  • 9 Aug 2017
    • Global Economy
    • The Trump Presidency

    External trade imbalances and the ‘tragedy of the commons’

    Stephen Grenville
    President Trump likes to apply business-oriented thinking to national economic policy, seeing global trade in terms of individual deals.
  • 1 Aug 2017
    • Global Economy
    • Australia's Economy

    Is the relationship between growth and inflation shifting?

    John Edwards
    The RBA leadership is clearly thinking about the possibility that the relationship between inflation and output growth may have altered in an enduring way.
  • 26 Jul 2017
    • Global Economy
    • Australia
    • The Trump Presidency

    What NAFTA renegotiation means for Australia

    Stephen Grenville
    It was always part of the Trump agenda to do something about the North American Free Trade Agreement (‘one of the worst deals ever’) covering the US, Canada and Mexico: the outcome is renegotiation rather than the threatened termination.
  • 19 Jul 2017
    • Global Economy
    • IMF

    How the IMF evaluates the Asian financial crisis

    Stephen Grenville
    The tone of IMF Deputy Managing Director Mitsuhiro Furusawa is one of quiet satisfaction. But a different narrative can be told.
  • 13 Jul 2017
    • Global Economy

    Economic diplomacy brief: Trade deals keep flowing, doing business with China

    Greg Earl
    While US policy has become more insular this year, other G20 countries are taking less protective new actions than in the recent past.
  • 12 Jul 2017
    • Global Economy

    Safeguarding competition in a cyber economy

    Stephen Grenville
    We should applaud Brussels’s tentative attempts to provide some de facto global rules for technology giants in these new areas of market power.
  • 10 Jul 2017
    • Global Economy

    A new era of leadership by the G19?

    Roland Rajah
    The G19 have effectively acted as a counterweight to the stated agenda of protectionism and bilateralism being pursued by President Trump.
  • 29 Jun 2017
    • Global Economy

    Economic diplomacy brief: Trade under pressure, betting on China, Japan and the AIIB, and more

    Greg Earl
    While freer trade appears to have more global support in polls than political debate might suggest, the same can’t be said for foreign investment.
  • 27 Jun 2017
    • Global Economy

    What did we learn from the Asian crisis?

    Stephen Grenville
    The common view was that the Asian countries, like Icarus, had flown too close to the sun in their hubris-fueled growth and had crashed back to earth.
  • 22 Jun 2017
    • Global Economy

    Greek debt: kicked down the road yet again

    Stephen Grenville
    The saga is a reminder of the international governance system's failure to produce a satisfactory procedure for international bankruptcy.
  • 15 Jun 2017
    • Global Economy

    Economic diplomacy brief: Chinese investment, defending free trade and the TPP’s future

    Greg Earl
    There is a parallel in how SOEs burst into the mining industry after 2007 and how new Chinese donors have burst into the political and university scene.
  • 7 Jun 2017
    • Global Economy

    No consensus on the Washington Consensus

    Stephen Grenville
    Sam Roggeveen’s discussion with Allan Gyngell is a reminder that the Washington Consensus means different things to different people. Let’s try to sort out the diverse interpretations.
  • 29 May 2017
    • Global Economy

    Quick comment: Sebastian Mallaby on Trump, the Fed and the global economy

    John Gooding
    Stephen Grenville's intervew with Sebastian Mallaby covered Trump, the US Federal Reserve, what the RBA can learn from America and how Trump might interact the World Bank and IMF.
  • 25 May 2017
    • Global Economy
    • Trade

    TPP: With one down, can 11 stand?

    Mike Callaghan
    There is a hard road ahead to bring the TPP11 into force. Our best hope is that Japan’s leadership on this issue continues.
  • 24 May 2017
    • Global Economy

    No, wait! Globalisation makes a comeback

    John Edwards
    The G7 meeting comes at a time when economic globalisation is widely said to have stalled, if not moved into reverse, but there is plenty of data that suggests otherwise.
  • 23 May 2017
    • Global Economy

    Capital flows to emerging economies: Still unresolved

    Stephen Grenville
    Perhaps practical policy-makers might be tempted to cut the Gordian knot by imposing capital controls, especially for short-term volatile capital inflows (leaving characteristically-stable foreign direct investment untouched).
  • 18 May 2017
    • Global Economy
    • Asean

    Economic diplomacy brief: Summit budgets and mixed messages from Australia’s foreign investment

    Greg Earl
    It’s easy to overlook an event that perhaps offers Turnbull his best shot at his own regional legacy this term – the summit of Southeast Asian leaders in Sydney next March.
  • 16 May 2017
    • Global Economy
    • The Trump Presidency

    Trumponomics: The art of the trade deal

    Stephen Grenville
    Too many trade negotiators share the Trump mindset, counting success in terms of how many export-promoting elements are embodied in these bilateral and plurilateral FTAs.
  • 15 May 2017
    • Global Economy
    • China

    Belt and Road: State transformation and large technical systems

    Brett Neilson
    In China and beyond, BRI mobilises diverse agents to participate in trans-boundary and networked governance arrangements, indirectly seeding state transformation in other jurisdictions and territories.
  • 31 Mar 2017
    • Global Economy

    China's huge industrial ambitions

    Sam Roggeveen
    Even if the C919 is a flop on the foreign market, don't count on China to give up. There is already work being done on a China-Russia joint venture to build an even larger jet in the Boeing 777 class.
  • 16 Mar 2017
    • Global Economy

    The global economy: Surviving Trump just fine

    John Edwards
    Whatever may be happening to the global security system, the global economy is growing, prospering, and is every day more closely integrated.
  • 28 Feb 2017
    • Global Economy

    Why everyone is talking about universal basic incomes

    Stephen Grenville
    A successful UBI program in a Kenyan village will not provide insights relevant to the challenge posed by fast-changing technology in advanced economies.
  • 9 Feb 2017
    • Global Economy

    Economic diplomacy brief: Asian investment, GDP passing lane and Japan trade

    Greg Earl
    The relative strength of Australia’s commercial links Asia is set to come back onto the agenda
  • 7 Feb 2017
    • Global Economy
    • US Economy

    Is Trump reigniting the currency wars?

    Stephen Grenville
    China's huge bilateral surplus with the United States - well over $300 billion each year - means it is high on the President's 'to do-over' list.
  • 23 Jan 2017
    • Global Economy

    What’s ahead for the global economy?

    Stephen Grenville
    For all forecasting’s demonstrated imperfections, sensible policy-making requires some view on where the economy is headed.
  • 20 Jan 2017
    • Global Issues
    • Global Economy
    • Sustainability
    • Energy

    Obama's legacy: Bold leadership on climate

    Keith J. Benes
    Battling climate change was a signature issue of President Barack Obama’s tenure, particularly during the his second term.
  • 12 Jan 2017
    • Global Economy

    Economic diplomacy brief: Japan relations, Timor gas, Asian business and Indonesia banking

    Greg Earl
    In 2015 Japan was Australia’s biggest foreign direct investor on a net basis at $14 billion, compared with $9.7 billion from the US.
  • 19 Dec 2016
    • Global Economy

    Does Trump threaten Federal Reserve independence?

    Stephen Grenville
    Will the well-established independence the Fed currently enjoys come under threat from a Trump administration, with its unconventional economic ideas?
  • 6 Dec 2016
    • Global Economy

    Unbundling globalisation

    Stephen Grenville
    The market can look after efficiency, but governments have to look after equity.
  • 1 Dec 2016
    • Global Economy

    Economic diplomacy brief: Trumpnomics, TPP turnaround, deciphering Duterte and Telstra on Asia

    Greg Earl
    Modelling shows that the ideal US tariff on Chinese imports would be 5-10% – could this be the trade compromise for a dealmaker like Trump?
  • 30 Nov 2016
    • Asia
    • Global Economy
    • Indonesia's Economy
    • Trade and Investment in the Asia Pacific

    Indonesia considers trade options post TPP

    Retno Maruti
    The Indonesian government is also trying to increase trade diplomacy with partner countries through bilateral agreements.
  • 22 Nov 2016
    • Global Economy
    • The 2016 US Presidential Election

    Trump's voters will be disappointed by his economics

    Stephen Grenville
    It’s simply unrealistic to think businesses will favour American workers over the low labour costs delivered by imports and technology.
  • 17 Nov 2016
    • Global Economy

    Economic diplomacy brief: Trade after Trump, business pressures, Unbanked in Asia and more

    Greg Earl
    Trump’s election victory has turned regional trade negotiations upside-down, presenting US officials at APEC with an exquisite dilemma.
  • 7 Nov 2016
    • Global Economy
    • Russia
    • Energy

    TurkStream: Putin’s latest triumph over the West? (Part 2)

    Elizabeth Buchanan
    At its heart, TurkStream is a project aimed at further entrenching European dependence on Russian gas
  • 4 Nov 2016
    • Global Economy
    • G20

    Gloomy forecasts for economic cooperation in Moscow

    Hannah Wurf
    The ideas that are gaining traction globally do not bode well for international economic cooperation.
  • 20 Oct 2016
    • Global Economy

    Economic diplomacy brief: Crown crackdown, TPP friendly fire, Parkinson's law and more

    Greg Earl
    The old backroom way of doing business with authoritarian Asian governments is losing its efficacy
  • 29 Sep 2016
    • Global Economy

    Revitalising the multilateral trading system

    Justin Brown
  • 9 Sep 2016
    • Global Economy
    • G20
    • Global Economic Governance

    If you want my opinion...

    Tristram Sainsbury
  • 19 Aug 2016
    • Global Economy

    G20: An essential element in Australia's international economic diplomacy (Part 2)

    Barry Sterland
  • 5 Aug 2016
    • Global Economy

    The verdict on Australia's economic diplomacy: Must try harder

    Mike Callaghan
  • 13 Jun 2016
    • Global Economy

    The IMF debates economic neoliberalism

    Stephen Grenville
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