Sunday 20 Sep 2020 | 05:51 | SYDNEY
What's happening on


Is the G20 agenda too big?

Mike Callaghan is Director of the Lowy Institute's G20 Studies Centre. Mark Thirlwell is Director of the Lowy Institute's International Economy Program and a G20 Studies Centre Fellow. Is the G20 agenda expanding too widely at a time when its top priority should be on reinvigorating global

More on why economic policy fails

  Unemployment in Ireland, Greece, Spain, Italy and Portugal. The above graph (h/t RCW and Early Warning) reminds us that the policy failures Stephen Grenville described in his piece earlier today are, above all, an enormous human tragedy. But there's slightly Brechtian subtext to Stephen's

Video: Address by Fiji president and PM

Jenny Hayward-Jones' post of last Friday referred to a joint address by Fiji President Nailatikau and  Prime Minister Bainimarama responding to the draft constitution prepared by the Constitutional Commission. Here's a video of that address: (H/t Stuck in Fiji MUD

Why economic policy fails

It was not pre-ordained that the economies of Europe, the US, and the UK would perform as poorly as it they have over the past two years. There were better policy options available which would have lowered unemployment (currently close to 8% in the US and the UK, and nearly 12% in Europe),

Fiji: Bainimarama disappoints again

Fiji's military leader, Commodore Frank Bainimarama, has done it again. He surprised everyone last year by opening up what appeared to be a genuine process of consultation on a new Fiji constitution and engaging Professor Yash Ghai, one of the world's foremost constitutional experts, to Chair the

From privateers to a private navy

Simon Palombi is a Research Associate at the Lowy Institute. Earlier this week, Simon Murray, the chief of global commodities trading firm Glencore, announced the creation of a private navy funded by a consortium of UK businessmen under the company name Typhon. This private navy will use a 10,

Skyfall: Bond takes a neocon turn

I realise it's slightly late to be reviewing the latest Bond caper, but I saw Skyfall over the festive season, and since I haven't yet seen any reviews that tackle one particular political aspect of the film, I thought I would raise it. Some spoilers follow, so I'll put the remaining text below

TV trailer: 1600 Penn

The fact that the new sitcom 1600 Penn is being screened at the White House tells you that it probably won't be too cutting, and indeed, the trailer is far from screamingly funny and looks a bit derivative. Pass

In defence of the IMF: At least it's consistent

Mike Callaghan is Director of the Lowy Institute's G20 Studies Centre.  IMF Chief economist Olivier Blanchard recently confirmed that he was 'right about being wrong' in underestimating the effect of fiscal tightening on European economic growth. When he first suggested, in the IMF's October

Economic forecasting: Broken models

Economists are the butt of much mirth about their forecasting ability, but the recent performance may be getting beyond a joke. Failing to predict the precise outcome is one thing: being consistently wrong in the same direction is harder to explain, and very unhelpful for the policy-making

Welcome to 2013

Welcome to 2013 and welcome back to The Interpreter for another year of international policy blogging, which is supposed to start today. I say 'supposed' because your editor forgot his age last weekend and hurt his back while trying to move a fridge. Please be patient for the next few days

The spectre of Malthus

In this 2009 Lowy Institute working paper, Mark Thirlwell looks at some initial lessons from the 2007-2008 crisis about living in a resource-constrained world. A revised version of this working paper was published in the journal Survival in June-July 2009: A New Era of Food Insecurity? By Alan

The dangers of denial: nuclear weapons in China-India relations

Is a dangerous nuclear competition emerging between the two most populous nations? In this Lowy Institute Analysis, Fiona Cunningham and Rory Medcalf warn of nuclear dangers as China and India rise. The authors call for a strategic stability dialogue embedded in mutual respect, to ensure possible

The evolving post-crisis world

In a new paper written as background for the current Asian Development Bank Economic Outlook, Dr Stephen Grenville notes that Asia has come through the Global Financial Crisis well, with Chinese and Indian growth hardly slowing, and quick recoveries in those countries which were adversely affected.&