International Economy
Analyses
Environmental consequences of rising energy use in China
The emergence of China as an economic power has important implications for energy use and environmental outcomes at the local, regional and global levels. China is currently the…
Lowy Institute Papers
The new terms of trade
In this 2005 Lowy Institute Paper, Mark Thirlwell surveys the changing international trade landscape. The inability of policymakers to deliver the Doha Round has become a powerful…
Analyses
The global macroeconomic consequences of a demographic transition
The world is in the midst of a significant demographic transition with important implications for the macroeconomic performance of the global economy. This paper summarises…
Analyses
The global impact of demographic change
This paper examines the implications of the major demographic transition currently under way and over the next 80 years for Japan, the United States, the rest of the OECD, and…
Analyses
Global demographic change and Japanese macroeconomic performance
The world is in the midst of a significant demographic transition with important implications for the macroeconomic performance of the global economy. This paper summarises the…
Analyses
Convergence and per capita carbon emissions
In a new Working Paper in International Economics, Professor Warwick McKibbin and Alison Stegman write that assumptions about carbon emissions per person lie behind many future…
Analyses
Financial liberalization, financial sector development and growth: evidence from Malaysia
The objective of this paper is to examine whether financial development leads to economic growth or vice versa in the small, open economy of Malaysia. We argue that the results…
Analyses
The sustainability of growth: history and prospects
This is Chapter 1 in the book, edited by Ross Garnaut and Ligang Song, entitled China: Is Rapid Growth Sustainable, Asia Pacific Press, Canberra, 2004. Ross Garnaut
Analyses
Asset markets and financial flows in general equilibrium models
This paper discusses the importance of asset markets and financial flows in general equilibrium models. Asset markets and financial flows play an important role in the adjustment…
Analyses
Indonesia in a changing global environment
Indonesia faces a number of important challenges both in the short run and in the longer run. The world economy is currently growing robustly but a number of uncertainties cloud…