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In this 2010 working paper, Mark Thirlwell looks at the changing shape of a global economy that was born with the fall of the Berlin Wall in November 1989. 

The eighth annual Lowy Institute Poll reports the results of a nationally representative opinion survey of 1,005 Australian adults conducted in Australia between 26 March and 10 April 2012 using mobile and landline telephones. It also reports the results of a parallel survey conducted in New

Over the second half of 2011, the world economy seemed to be sliding inexorably towards another major financial crisis. In the event, actions by an aggressive European Central Bank managed to halt the slide to Eurogeddon. But a fragile world economy remains dangerously vulnerable to adverse shocks

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

China is not only Australia's largest trading partner, but is also an increasingly important supplier of capital. In a Lowy Institute Analysis, John Larum draws on a series of interviews with Chinese investors and their advisors to look at their attitude towards investing in Australia and

While Chinese foreign investment into Australia has been the subject of a great deal of controversy, investment flows moving in the other direction have received much less attention. In a new Lowy Institute Analysis, John Larum reviews Australian foreign direct investment into China and discusses

Copenhagen failed to produce an agreement on climate change commensurate with the scale of the problem, highlighting the fundamental weaknesses in the existing UN framework. 

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.&

This Working Paper, by Warwick McKibbin and Andrew Stoeckel, models the global financial crisis as a combination of shocks to global housing markets and sharp increases in risk premia of firms, households and international investors in an intertemporal (or DSGE) global model. The model has six

The fifth annual Lowy Institute Poll surveys a nationally representative sample of Australians on a broad range of foreign policy issues. New questions this year cover the priority given to action on climate change, public attitudes towards relations with the US and China, foreign investment, asylum

Recent impressive economic growth has helped many Papua New Guineans escape poverty. Those lifted from poverty retain strong connections to the economy, its active participants and the government. For those whose connections are weak or absent, economic growth provides no obvious reward. To increase

On 16 November last year, G20 leaders made a commitment to resist protectionism. According to the World Bank, by the end of February 2009, seventeen of the twenty had already ‘implemented 47 measures whose effect is to restrict trade

The G-20 Leaders will meet in London in April, faced by the most serious economic downturn for seventy years. The London agenda bears two heavy burdens

As part of its commitment to increase spending on overseas development assistance, the Australian government has announced a substantial re-engagement with Africa

The fourth annual Lowy Institute Poll surveys a nationally representative sample of Australians on a range of foreign policy issues and contains a number of new questions. These cover attitudes towards Japanese whaling, foreign investment in Australia, China, the US presidential election, climate

The Doha round of world trade talks has collapsed. After the negotiations were suspended back in July 2006, Mark Thirlwell wrote that – regardless of the ultimate outcome of the Round – the era of giant, set-piece trade negotiations like Doha and its predecessor, the Uruguay Round, was over. The

Although the Kyoto Protocol has not been effective at reducing emissions, it has been very effective at demonstrating a few important lessons about the form future international climate agreements should take

Sudden capital outflows were at the heart of the 1997-8 Asian Crisis. Ten years later, capital flows are back on the policy agenda, but in a very different context. The countries of East Asia are now getting more inflows than they can effectively absorb and the upward pressure on exchange rates is

Earlier this year in Lowy Institute Paper 18, 'Second thoughts on globalisation', Mark Thirlwell looked at how the globalisation-powered rise of China and India was disconcerting some in the developed world, and prompting a re-evaluation of the costs and benefits of globalisation. This Lowy

In a new Lowy Institute Analysis, Dr Stephen Grenville looks back at the decade-old Asian financial crisis in search of insights on current vulnerabilities.