Dr Stephen Grenville AO
Nonresident Fellow
Biography
Publications
Dr Grenville is a Nonresident Fellow at the Lowy Institute. He 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. Before that, Dr Grenville was with the Organisation for Economic Co-operation and Development in Paris, the International Monetary Fund in Jakarta, the Australian National University and the Department of Foreign Affairs.
Central banks changing of the guard
While the tradition of central bank independence is relatively new, the idea has held firm.
Commentary
'Message to Trump – no TPP renegotiation'
Originally published in the Nikkei Asian Review (Photo: Washington Post/Getty Images).
Stephen Grenville
China’s economic gloom merchants
China will one day run into the same growth-constraining factors as South Korea and Japan. But not yet.
Don’t renegotiate the Trans-Pacific Partnership
Negotiations that enhance trade openness would be fine, but it is clear this is not what Trump has in mind.
Rethinking macroeconomics: the missing financial sector
Neither monetary nor fiscal policy caused the 2007–08 crisis: the direct blame lies squarely with the financial sector.
Favourites of 2017: the Vietnam War
Even 50 years later, acknowledging and correcting mistakes seems as hard for policy-makers as ever.
Rethinking macro-economics: Fiscal policy
Lessons from the global financial crisis haven't influenced US President Donald Trump's tax changes.
The Bitcoin bubble
Bitcoin's price remains aloft, like cartoon character Wile E. Coyote, suspended in mid-air after running off a cliff.
Haircuts, taxis and Big Macs: Comparing economies using purchasing power parity
Exploring the pitfalls of measuring China's economy against Americas.