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Is the Fed acting as the world's central bank?
'The Federal Reserve enters its second century as the closest the world has to a global central bank.' So says Ted Truman, who speaks with some authority as he played a key…
Five fallacies in Australian thinking on Iraq
An RAAF C-130H Hercules deploys aid to civilians in northern Iraq. (Image courtesy of the Department of Defence.) There's a lot to be concerned about in the way Australia is…
Syria and Iraq: Why did Obama bring religion into it?
In this fast-paced world of media grabs, it is easy for selective quoting to misrepresent what leaders say. In his 28 August press conference for instance, when President Obama…
Sea-basing threatens India's minimalist nuclear strategy
Both the draft nuclear doctrine released in 1999 and the official nuclear doctrine released later in 2003 state India's commitment to a minimalist nuclear posture. This nuclear…
Violence against women in PNG: How men are getting away with murder
All photos by Vlad Sokhin. In a new Lowy Institute Analysis published today, Jo Chandler presents a devastating picture of the endemic violence against women in Papua New Guinea…
Japan's continuing confidence in the alliance
The views expressed here are the author's own, and do not necessarily represent those of National Institute for Defense Studies or the Japanese Ministry of Defense. I am inspired…
Pacific island leadership: PNG steps up
Jenny Hayward-Jones is Director of the Lowy Institute's Melanesia Program and Tess Newton Cain is a Nonresident Fellow at the Lowy Institute. One of the key announcements at the…
Indo-Pacific security links: Nationalist leaders, hypersonic weapons, defence industries and more
The Indo-Pacific is a strategic system encompassing the Indian and Pacific oceans, reflecting the expanding interests and reach of China and India as well as the enduring role of…
Air power to the fore in the Middle East
As a former Army officer, my service bias has always made me a believer that only events on the ground matter. The air force is a great enabler but rarely the decisive factor…
The Islamic State's media logic
The horrific images surrounding the gruesome execution of the US journalist Jim Foley are dominating the headlines. The Islamist group had several reasons for doing what they did,…