Policies that injure global trade in medical products would hurt the US and Western democratic allies more than most.

Australia needs to be very wary of how Donald Trump’s “unbelievable deal” will play out.

Yes, there has been a reduction in exports between China and the US, but there are other reasons besides tariffs.

Donald Trump has begun talking about “phases”, suggesting he has a more realistic expectation of what it is possible.

There will have to be a negotiation to enable negotiations to resume, and quick, otherwise the US election will intrude.

When tackling China over subsidies, countries might reflect on which comparable industry support they might forgo.

China will certainly respond to a forthcoming US investigation and exports penalties with sanctions of its own.

China’s steel and aluminium exports are tiny – punitive US tariffs on China’s manufacturing would be recklessly damaging.

UK and Australian angles on foreign investment are becoming more alike, driven in both countries by the same policy perplexity.

Australia was once a global inflation champ, but no more.

While forecaster moods have been volatile, global growth overall has been pretty consistent – and pretty good.

Given the recent weaker growth in wages and output, along with a lacklustre jobs market, it's time for another look.

European leaders probably recognise that US presidents are usually difficult on trade issues, and for all his efforts Trump has yet to prove himself more unsatisfactory than his predecessors.

The G7 meeting comes at a time when economic globalisation is widely said to have stalled, if not moved into reverse, but there is plenty of data that suggests otherwise.

Whatever may be happening to the global security system, the global economy is growing, prospering, and is every day more closely integrated.

It's now over 70 years since British Prime Minister Winston Churchill told his Australian counterpart John Curtin of his wish to see a united western Europe, of which Britain would be a member. The allies had fought their way up the southern Italian peninsula but the Normandy landing was still a

This two part series considers Saudi Arabia's ambitious plan to transform its economy. Part 1 looks at the reach of the Vision 2030 plan and labour force implications, Part 2 will examine which industry bets are most likely to pay off. Though he is yet to reveal the details of the plan, Saudi

Growth is certainly slower and its structure is changing, but is the outlook for China's economy quite as awful as global share markets seem to think? Now the world's biggest economy (using the IMF's purchasing power parity measure), China matters vastly more for world markets than it did a

In a post here a few weeks ago, Adelaide economist Jonathan Pincus claims that my Beyond the Boom book confuses output and income. Fair readers will find that Beyond the Boom is painstaking in making exactly this distinction. It is central to understanding the mining boom, which is why I wrote quite

Judith Sloan sums up my Beyond the Boom paper in two propositions: 'what mining boom?', and 'she'll be right, mate'. Those who have read the paper will recognise these propositions as gross caricatures. For those who haven't got round to reading the piece, I should explain that I argue that the