Saturday 11 Jul 2020 | 22:07 | SYDNEY
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Global Issues

Creating a Pacific bubble

The success in containing the Covid-19 pandemic in both Australia and New Zealand has led to a novel idea – the opening up of trans-Tasman travel as long as each country is able to keep infections under control. It would be a ray of hope and normalcy, and an economic plus for both parties. While

Beyond Covid, might China overreach?

A major disruption and the emergence of a global threat in the shape of a pandemic may have been expected to foster closer global cooperation. While this may momentarily be true, as countries cooperate to strengthen their healthcare infrastructure and in seeking effective cures and vaccines, there

Coronavirus: The end of sexist economics?

As coronavirus spreads, government spending, and lots of it, has been the order of the day. Most of the analysis has focused on the economic impact of these responses, with scant attention paid to the impact on gender. Yet the pandemic has exposed the gendered fault lines of the economy,

The prospects for China’s post–Covid-19 economy

While the Canberra political establishment has been sparring with China’s Foreign Ministry – and with Australian billionaires – much of the corporate elite has begun puzzling how to slipstream China’s post–Covid-19 economic recovery. Optimists hope that Beijing will summon a massive

Covid-19 and development banks in Asia

The Covid-19 pandemic means that more low- and middle-income economies are more reliant on multilateral development banks. Despite the media focus on “mask diplomacy” (or the lack of it) from individual countries, most notably China, development bank lending has been the largest external source

Bob May – Professor of Everything

I have known two “professors of everything”: George Seddon and Robert May. Seddon, who ended his days in Fremantle, Western Australia, had chairs in geology, English, environment, and philosophy. The connection, he told me, was language. May’s fields were chemical engineering, physics, maths,

Information warfare in the theatre of Covid-19

Chaos is a ladder, said Littlefinger in Game of Thrones. Crisis is an opportunity, Sun Tzu didn’t say in The Art of War. Either way, in the United States, as a result of the Covid-19 pandemic and “infodemic”, political chaos is a clear and present danger, and an opportunity, in the covert and

Beyond the buzz: A primer on swarms

In the world of emerging technologies, few concepts evoke excitement like swarms. The power of the swarm is in its natural formation – from bees, to schooling fish and flocking birds – the whole is greater than the sum of its parts. Swarms can achieve far more complex tasks than single entities

New Zealand: Running the marathon

Earlier this week, New Zealand moved out of total lockdown into a phase of continuing control on social movement, but with an opening of widespread economic activity. Schools reopened partially. It is estimated that about half a million people returned to work after a stand down of five weeks.

Is this the Kindleberger moment?

In 1973 Charles Kindleberger wrote his now acclaimed book on the Great Depression. He argued that it was “great” because the global economic system had lost its hegemon – in less exotic terms, its system manager. In the interwar period, the UK was the system manager, but given the grievous

ISIS looks to prosper in a world distracted by the virus

The coronavirus pandemic has hit the heart of Europe. The severity of the virus has forced policymakers to shift their priorities almost exclusively to the home front. As a result, international security concerns, particularly the fight against the remnants of ISIS in Iraq and Syria, which had until

Missing in action: The G20 in the Covid crisis

As the Covid-19 pandemic deepens, the need for international cooperation to deal with the twin health and economic crises has been highlighted. While much is made of the failings of the World Health Organization, other international bodies have fared no better. In particular, the G20 – which

The case for the World Health Organisation

International organisations often bear the brunt of the blame when global progress is stalled ­– whether criticised for sapping the sovereignty of states in the name of common interests, or falling short of their stated goals and agenda. It’s a familiar story, and not entirely incorrect, when

The complex consequences of a plunging oil price

Oil made headlines around the world again today, with US oil prices falling below zero for the first time. So what does it mean? Three perspectives can help to make sense of the headlines. First, from an economic perspective it’s quite simple – the supply of oil has outstripped demand and

If this is war, that Zoom call is part of the battle

In recent weeks, several world leaders, including US President Donald Trump and Australian Prime Minister Scott Morrison, have invoked combat-related terms to summarise efforts to contain and contest the novel coronavirus and its effects. As each day we track the progress of casualties, emergency

Safety of life at sea: Covid‑19 and naval operations

The potential impact of Covid-19 on naval operations has been highlighted by reports that over half of the 2,000-plus sailors aboard the French carrier Charles de Gaulle have tested positive for COVID-19. The ship left a NATO exercise ten days early and returned to port in Toulon to allow

The vanishing hegemon

Has the corona crisis already changed the world? Many people certainly seem to think so. From doomsday prognoses of a collapse into a bio-authoritarian dystopia to cheerful visions of a rejuvenated benevolent state, commentators the world over have already identified 2020 as the date on which a new

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