Modelling global demographic change: results for Japan
In earlier papers, we introduced demographic features into the MSG3 model of the world economy, following the approach of Bryant and McKibbin.
Tuesday 09 Mar 2021 | 20:34 | SYDNEY
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Long run projections for climate change scenarios
The prediction of future temperature increases depends critically on the projections of future greenhouse gas emissions. Yet there is a vigorous debate about how these projections should be undertaken and how reasonable is the approach of the Special Report on Emissions Scenarios (SRES) published by
Election Watch. Japan party system: shifting the political axis, releasing economic reform
This Issues Brief examines how changes to the Japanese political system, reflected in the November 9 election results, offer new hope for structural economic reforms that would benefit Australia
By Malcolm Cook
The Australia-United States Free Trade Agreement: a preliminary assessment
On 8 February Australian Trade Minister Mark Vaile concluded an agreed text for an Australia-United States Free Trade Agreement. This Issues Brief provides a preliminary assessment of the agreement, based on the limited information now available
Globalization and disease: the case of SARS
The outbreak of SARS in late 2002 has alerted the world to the potential economic costs of epidemics. The purpose of this paper is to provide an assessment of the global economic impacts of the SARS disease as well as provide a more comprehensive approach to estimating the global consequences of
The international economy in 2003…
This Issues Brief suggests that a key theme over the past year has been the management of external imbalances in a world economy that is not only increasingly integrated but which is simultaneously undergoing a sustained geographic shift in the distribution of economic weight towards Asia
Revaluing the renminbi...
There are strong parallels between today’s US-China tensions over trade and US-Japan economic relations in the 1980s
Are Australian policymakers operating in a new global economy?
Developments including the rise of vertically specialised trade and the growing internationalisation of production, broader and deeper goods and financial market integration, the extension of international trade to the previously “non-tradeable” services sector, and the spread of international
Is the international trading system fragmenting? The dilemma for Australian trade policy
The post-World War II international trade policy framework is being challenged by a proliferation of bilateral and regional trading arrangements. Australia faces a choice over whether to join this preferential trade bandwagon and risk collateral damage to the multilateral trading system, or to go no
The consequences of China WTO accession on its neighbours
Southeast Asian industrial exports are now facing intense competition from Chinese industrial exports. How much more would competition increase with China's recent accession to the World Trade Organization? Would Indonesia, Malaysia, Philippines and Thailand (the ASEAN-4) de-industrialise and return
Estimates of the costs of Kyoto-Marrakesh versus the McKibbin-Wilcoxen Blueprint
In this paper we update our earlier estimates of the cost of the Kyoto Protocol using the G-Cubed model, taking into account the new sink allowances from recent negotiations as well as allowing for multiple gases and new land clearing estimates.
Changes in equity risk perceptions: global consequences and policy responses
The current weakness in the global economy has generated a debate on the likely outlook for the world economy and the appropriate response for monetary policies.
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