Global financial crisis: Did the system really work?

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In beef over barley, Chinese economic coercion cuts against the grain

Last weekend news broke that the Chinese government was considering imposing large tariffs on Australian barley exports. Now, China-bound exports from four Australian meat processors have been suspended. Following Australian calls for an independent inquiry into the early handling of Covid-19,

By Darren Lim, Victor Ferguson

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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.

By Dick Grant

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How China is changing the global balance of economic power

China has displaced the United States from its traditional dominance as a major trading partner for most countries of the world

By Roland Rajah, Alyssa Leng

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Murder on the Multilateral Express

Within 24 hours, the Appellate Body of the Word Trade Organisation will cease to function. Designed with seven members, the Appellate Body has seen its membership dwindling over the past three years, with the current headcount at three, the bare minimum necessary to form the quorum for a division

By Henry Gao

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Economic diplomacy: Free trade disputes, WTO appeals, DFAT on China

Empty bench It has been one of the most forecast developments in geo-economics, but the World Trade Organisation is about to finally suffer the crippling blow of its appeals process coming to a halt. On 11 December, the trade court will no longer have enough judges to issue the binding rulings that

By Greg Earl

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Economic diplomacy: Auditing globalism, trade woes, ASEAN’s future

Dismal science Revision season is well underway at the top of the institutions that underpin the globalised economy, those same institutions now in the cross hairs of Prime Minister Scott Morrison’s audit of what Australia gets from globalism. In the last week, the heads of the

By Greg Earl

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Decoding China's GOOD approach to the G20

With this year's summit season coming to an end, Turkey will officially hand over the G20 hosting baton to China on 1 December 2015. The Hangzhou Leaders' Summit has already been announced for 4 and 5 September 2016, slightly earlier than previous years to avoid clashing with the US presidential

By Hannah Wurf

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Will the Trans-Pacific Partnership be a good deal for Australia?

The Trans-Pacific Partnership (TPP) is close to the make-or-break stage. It will either get US Congressional blessing soon or lose momentum and slip from the agenda. So it is surprising how little public debate there is in Australia about its important ramifications. For an excellent exception, see

By Stephen Grenville

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APEC in Beijing: Too many trade initiatives and too little progress

The APEC Leaders' Meeting underway in Beijing seems to be finessing the various conflicting and overlapping trade initiatives and avoiding serious damage. But it is not resolving any of the underlying tensions. At the multilateral level, the WTO remains in limbo after India pulled the rug out

By Stephen Grenville

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The WTO is in big trouble

The Director-General of the World Trade Organisation (WTO), Roberto Azevedo, says the institution has descended into 'paralysis'. Director-General of the World Trade Organisation, Roberto Azevedo, Bali, 2013. Following the failure to get India to remove its objection to advancing the

By Mike Callaghan

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