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The International Economy

The International Economy program aims to explain developments in the international economy, and influence policy. It does so by undertaking independent analytical research.

The International Economy program contributes to the Lowy Institute’s core publications: policy briefs and policy analyses. For example, the program contributed the Lowy Institute Paper, John Edwards’ Beyond the Boom, which argued that Australia’s transition away from the commodities boom will be quite smooth.

The program hosts economy-focused events, and economy-focused blog posts can be found on The Interpreter. For updates on publications and events, follow @leonberkelmans and @tris_sainsbury on Twitter. 

 

Experts

Latest Publications

China’s financial concerns

The China bears have been around for years, continuously predicting the end of China's stellar growth story. In 2012 Michael Pettis expected annual growth to average 3% over this decade and in 2015 Tyler Cowen warned of an imminent disastrous financial collapse. So far, so good. China's

Convention likely to win out in Trump-Xi meeting

Of all the startling events of the Trump Administration's first three months, the one most consequential for the rest of the world is quite likely the meeting between Trump and China's President Xi Jinping at Mar-a-Largo, beginning Thursday. The importance of this meeting is not any likely outcome

Infrastructure: How Indonesia could shift up a gear

Next year Indonesia will host the annual meetings of the International Monetary Fund and World Bank in Nusa Dua, Bali. This is a big deal: these meetings leave Washington only once every third year and involve thousands of high-level participants. In announcing that Indonesia would host the 2018

The global economy: Surviving Trump just fine

Two months into the Trump Administration, is it overturning the ‘liberal world order’, as widely feared? By now we ought to have some idea. My conclusion: no, it isn’t. If there was a liberal world order in the global economy on 20 January, 2017, it is still there today. The Administration has

Time for ADB members to rethink their approach

The Lowy report by Annmaree O’Keeffe, Jonathan Pryke and Hannah Wurf on Strengthening the Asian Development Bank in the 21st Century is an important document. It is one of the best, independent reports on the Asian Development Bank currently available in Australia.  Unfortunately that is easy

Why Asia still needs a development bank

It is easy to forget that Asia still hosts most of the world’s poor people given the region's remarkable economic success in recent years. Yet almost half of the world’s extremely poor people (326 million out of a global total of 766 million) still live in South and East Asia, according to the

The limitations of framing North Korea as a risk

Last week the Lowy Institute's International Security Program, supported by the Korea Foundation, hosted the Australia-Republic of Korea (ROK) Emerging Leaders International Security Forum in Sydney and Canberra, bringing together scholars and future policymakers focused on the bilateral

What’s ahead for the global economy?

January is the month for new resolutions and economic forecasts and, sometimes, a bit of soul-searching over past inaccuracies. The International Monetary Fund, the chief forecaster for the global economy, just published an update on its October forecast. As usual, the IMF's central

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