Global Economic Governance

Is China fragile?
The Black Swan, by Nassim Nicholas Taleb, is a parable for unanticipated risk: the possibility of 'unknown unknown' events that no-one sees coming. In a new essay, The Calm…
Murray Report: Capital levels a domestic concern, not international
One of the most striking aspects of the final report from the Australian Financial System Inquiry (AFSI), chaired by David Murray, is the proposal that the future capital…
G20 Brisbane Summit: Australia's adolescence on show
Australia had a prime chance to demonstrate its adult status in chairing the G20 Summit this year. What did it do with the opportunity? It showcased some of the characteristic…
A 'barbarous relic': Why can't interest rates be negative?
Overnight, the European Central Bank once again opted for timidity, with interest rates remaining unchanged. The scale of the deflationary threat Europe faces is awesome. However,…
China's G20 year will raise human rights concerns
The G20 party may have ended in Brisbane, but the show rolls on. The leaders' forum will head to Turkey in 2015 and, in his final act as G20 chair for 2014, Australian Prime…
Financial stability: Did the G20 go far enough?
Financial stability was not the most headline-grabbing topic discussed at the Brisbane G20 meeting, but judging from the official communique word-count (a full 175-word paragraph…
A G20 watcher in Brisbane
I am from Brisbane, and somewhat ironically, my original ticket out of this city was the G20 analysis I conducted while studying and working at the University of Queensland. In a…
Weekend catch-up: A G20 special
With the Brisbane G20 Summit on this weekend, The Interpreter's usual weekend catch-up makes way for a 'best of' our G20 material from the past year. The Lowy Institute's G20…
Is the Global Infrastructure Hub more than a G20 legacy monument?
By Hugh Jorgensen, Research Associate and Tristram Sainsbury, Research Fellow, both at the Lowy Institute's G20 Studies Centre. Infrastructure has been a priority of the…
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…