China refuses to release figures on the size of its aid program. In this new Lowy Institute Analysis, Fergus Hanson takes a region-wide look at the scale of China’s aid program, revealing a dramatic increase in aid pledges since 2005
In this Lowy Institute Policy Brief, Graeme Dobell looks at how the competition for diplomatic recognition between China and Taiwan is destabilising Island states and undermining Australia's interests in the region
Australia has, perhaps, no closer or more complicated a bilateral relationship than that with Papua New Guinea. Australia is deeply entwined with its nearest neighbour and has a major stake in its future
The objective of this paper is to examine whether financial development leads to economic growth or vice versa in the small, open economy of Malaysia. We argue that the results obtained from cross-sectional studies are not able to address this issue satisfactorily and highlight the importance of
This paper discusses the importance of asset markets and financial flows in general equilibrium models. Asset markets and financial flows play an important role in the adjustment process to economic shocks and policy changes.