International Economy

Sensible climate policy
Analyses
Sensible climate policy
In Sensible climate policy Professor Warwick McKibbin criticises the Kyoto Protocol that had just entered into force in February 2005. He predicts that the policy would not…
Transpacific trade imbalances: causes and cures
Analyses
Transpacific trade imbalances: causes and cures
This Issues Brief by Professor Warwick McKibbin and others explores the causes of the transpacific trade imbalances using an empirical global model. It also evaluates the impact…
India: the next economic giant
Lowy Institute Papers
India: the next economic giant
This Lowy Institute Paper by Mark Thirlwell assesses the emergence of India as a major new player in today's global economy. Mark Thirlwell
Modelling global demographic change: results for Japan
Analyses
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. Warwick McKibbin
Long run projections for climate change scenarios
Analyses
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…
Election Watch.   Japan party system: shifting the political axis, releasing economic reform
Analyses
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…
The Australia-United States Free Trade Agreement: a preliminary assessment
Analyses
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…
Globalization and disease: the case of SARS
Analyses
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…
The international economy in 2003…
Analyses
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…
Revaluing the renminbi...
Analyses
Revaluing the renminbi...
There are strong parallels between today’s US-China tensions over trade and US-Japan economic relations in the 1980s. Mark Thirlwell