Wednesday 23 Sep 2020 | 10:54 | SYDNEY
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Coronavirus

The Covid-19 pandemic is an enormous challenge to global public health. The response to the pandemic will also have long-lasting effects for globalisation, international trade, economic growth, and global poverty. Security perceptions will be redefined as nations reassess their defence priorities. The leadership contest between the US and China will also be affected by perceptions of government competence in dealing with the virus.

Below is a comprehensive compendium of research, media commentary and Interpreter articles from Lowy Institute experts and commentators from around the world dealing with Coronavirus.

How much did the spies really know about the virus?

Something doesn’t quite line up in Bob Woodward’s latest book – and you have to look at what we know about intelligence assessments in Australia to understand why. Woodward tells us in Rage, his second look into the current White House, of top-secret warnings delivered to US President

Building a Covid vaccine strategy for Australia

This month, Australia signed a partnership with AstraZeneca, the pharmaceutical company behind the University of Oxford’s proposed Covid-19 vaccine, securing the rights to locally manufacture the vaccine, should it meet safety and efficacy requirements. The Oxford vaccine group has been one of the

Covid-19 and Indonesian monetary policy

Even before the Covid-19 pandemic, it had become routine for central banks in rich countries to help fund budget deficits by buying government bonds. “Quantitative easing” (QE) has been common since the 2008 global financial crisis, keeping interest rates down. With Covid, some central banks

Economic diplomacy: Borders, barriers and obstacles

Homeward bound While Australia’s embrace of economic sovereignty has so far involved more rhetoric than real financial resources, cash incentives for reshoring manufacturing are gathering pace in other countries. Last week’s €100 billion (A$162 billion) economic stimulus program from French

Working one for the planet

It’s easy to feel overwhelmed and impotent in the face of the manifold problems that currently confront the world. Pandemics, persistent poverty, great power rivalry, not to mention the spectre of runaway climate change (which will undoubtedly make all of the above worse and possibly trigger the

Pandemic democracy

How will Covid-19 affect electoral democracy in Australia and around the world? The pandemic has starkly revealed two fundamental aspects of successful democracy: the extent of a given society’s trust between its citizens and their government, and the capacity of those same governments to

How Russia benefited from Belarus’s turmoil

Mass protests and nationwide strikes in Belarus did not result in the overthrow of President Alexander Lukashenko, but they have pushed the Eastern European country deeper into Russia’s geopolitical orbit. Moscow and Minsk have reportedly agreed on resuming Russia’s energy supplies to Belarus,

Economic diplomacy: Spilled milk and foreign wages

Taking one for the team Spare a thought for Japanese company Kirin, which entered Australia in the vanguard of new ambitions for Asian economic engagement but is now a victim of an undeclared trade war with China. Treasurer Josh Frydenberg’s move to prevent Kirin selling its unsuccessful Lion

World order in the time of coronavirus

The liberal order faces its greatest crisis since the end of the Cold War. Liberalism is in retreat around the world. The United States is led by a president whose America-first realpolitik contradicts the very idea of rules-based governance. Europe has seen the rise of “illiberal democracies”.

Economic diplomacy: A call to syringes, not arms

Going out or staying in With Australia experiencing its first recession in a generation, potential differences are emerging over whether future prosperity will come from more business integration with high-growth Asia or from preserving capital for economic sovereignty at home. These, of course,

Afghanistan’s unseen Covid crisis

The most striking thing about the top Covid-19 treatment facility in Afghanistan is the lack of basic measures preventing the spread of Covid-19. At the Afghan Japan Communicable Disease Hospital in Kabul last week, security guards at the gate were maskless. So too a taxi driver delivering an

Cambodia: Hard choices

Cambodia’s foreign policy has been largely driven by the politics of survival, as the government led by Prime Minister Hun Sen’s ruling Cambodian People’s Party (CPP) has an ambition to perpetuate its domination of Cambodian politics for at least another 50 years. Of course, this survival

The most important American election ever?

When Donald Trump and Joe Biden compete for the American presidency in November, it may prove to be the most consequential election the world has ever seen. Yes – that is a bit hyperbolic, but let’s consider what’s at stake. First, it’s not entirely certain that Trump will lose, despite

The invisible during the pandemic

Recently in Singapore, several migrant workers attempted suicide at their dormitories, with at least one death. According to the authorities, some of them did so because they failed to get employers’ permission to leave the city after purchasing flight tickets (in Singapore, a migrant worker’s

The way to post-Covid recovery in the Indo-Pacific? Act now

Australia plans to spend a lot more on defence to confront what Prime Minister Scott Morrison says will be “a post-COVID world that is poorer, that is more dangerous, and that is more disorderly”. A chorus of voices have responded that Australian foreign policy risks becoming unbalanced, with

Covid and crime: Twin tests for Papua New Guinea

There must be days when Papua New Guinea Police Commissioner David Manning wonders what he has signed himself up for. On Friday night, he revealed that his officers had found a ute-load of plastic-wrapped cocaine, just days after discovering an Australian-registered light plane that had

Melbourne or Washington, all politics is local, again

We all see the world through our own eyes. But this truism is so often forgotten. In Melbourne, where I live, a curfew has just been imposed, businesses shuttered, troops are increasingly seen on the streets, and the local premier is warning darkly of “what further steps” might follow if

Under the influence: Peddling conspiracy in a pandemic

Celebrity sells – it always has. But in the digital age, the boundaries of celebrity have changed. Once it was the prerogative of movie, sports or music stars to front a fashion label or promote perfume. But nowadays the marketplace is saturated with any number of online lifestyle and wellness “

American carnage, take two

With fewer than 100 days until the next election, US President Donald Trump has made it clear that he’s done with the coronavirus. Last week, he shifted his talking points to align with the advice of public health experts, but he gave no indication that he actually planned to focus on improving

Europe, united in recovery – for now

It took four days and a “historical” summit for the heads of states and governments of Europe to finally agree on the recovery plan that should help the European Union face the devastating consequences of the Covid-19 pandemic. Celebrated by a recovery in local stocks, the agreement last week

The world can still prosper from free trade

Did anyone notice that the United States–Mexico–Canada Agreement (USMCA), the revised NAFTA, entered into force on 1 July? If not, do not be too concerned, as the Covid-19 crisis has probably affected that as well. Still, this deal is (without getting too much into the weeds of whether it is

Economic diplomacy: Covid recovery, from Singapore to the EU

Labour pains High-end guest workers play such a big role in Singapore’s carefully constructed economy that they even have their own technocratic acronym: foreign PMETs – for professionals, managers, executives and technicians. But in one of the many deglobalisation cracks wrought by Covid-19

Philippines government driving jeepneys off the road

After almost four months of lockdown measures due to Covid-19, the Philippines government in June eased restrictions for the majority of the country. But even as public transport systems slowly got back to running, something was missing: the distinctive jeepneys, still banned from plying their trade

Costly cargo: The plight of seafarers in a pandemic

Amid the many consequences of the coronavirus pandemic, thousands of seafarers around the world are now locked onboard their ships with expired contracts and unable to get home. In a normal month, approximately 100,000 seafarers leave their ships and are replaced by others, but travel

The cost of conspiracy in muddling public health messages

A spike in coronavirus cases across Melbourne has seen local hotspot suburbs largely locked down and some 3000 people in public housing towers prevented from leaving home at all. But the sharp reminder that “This is not over” which now flashes on freeway signs across Australia’s second largest

COVIDcast: The future of globalisation

In this episode of COVIDcast, Roland Rajah, Lowy Institute lead economist, sat down with Pascal Lamy to discuss the future of globalisation. Lamy has served at the peak of global trade and economic governance. He was the Director-General of the World Trade Organization for 8 years, from 2005 to 2013

Economic diplomacy: Diversification dilemmas

Costing the D word Diversification might be the word of the moment in the lexicon of Australian trade debate, even though few advocates make much attempt to explain how it will actually work. But now we have two interesting efforts to quantify just how selected reductions in trade with China in

China’s pipeline dream in Pakistan

The China Pakistan Economic Corridor (CPEC) is one of the flagship projects of the Belt and Road Initiative (BRI). It initially attracted US$46 billion in investment, which was later increased to $62 billion by April 2017, to support large-scale “infrastructure construction” and industrial

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