Areas of ExpertiseRegional economic integration; Australia's economic relations with East Asia; international financial flows and the global financial architecture; financial sector development in East Asia
Australia has rightly lost its fear of big deficits. But we must walk back debt in lockstep with private sector expansion. Originally published in The Australian Financial Review
Ross Garnaut is wrong to fault the Reserve Bank for not cutting rates during the ‘Dog Days’ of 2013-2019. The real culprit was elsewhere. Originally published in the Australian Financial Review. 
Negative interest rates won’t help when it is clear that there are other reasons entrepreneurs have lost their mojo. Originally published in The Australian Financial Review
The RBA has been forced into lockstep with a misguided US Federal Reserve held hostage by volatile financial markets. Originally published in the Australian Financial Review. 
Stephen Grenville gives a detailed account in the Eureka Report on Modern Monetary Theory (MMT), which after a decade on on the periphery of economic discussion, has recently surged in popularity
Well-crafted emergency financing from Bank Indonesia and international partners such as Australia could be pivotal in getting Indonesia through this crisis
In this new feature, Lowy Institute experts provide policy recommendations for Australia to address issues that are critical to our nation’s — and the world’s — successful emergence from the pandemic
Lowy Institute experts provide policy recommendations for Australia to address issues that are critical to our nation's — and the world's — successful emergence from the pandemic
While the medical prognosis looks less alarming, the economic prospect is as grim as ever. The Reserve Bank has done what it can, now it's up to the government, writes Stephen Grenville. Originally published in the Australian Financial Review
Comparison with wartime sacrifices might put the necessary inconveniences into perspective. Nonresident Fellow Stephen Grenville writes on COVID-19. Originally published in The Australian
Lowy Institute Nonresident Fellow Stephen Grenville asks if the policy response to Covid-19 strikes the right balance in the debate between epidemiologists and economists, moderated by the public-relations experts. Originally published in The Australian
It goes without saying that the medical response to the pandemic should have the highest policy priority ... On the economics of the pandemic, initial reactions have been quickly outdated. Originally published in The Australian
It’s quite a while since I was at the Reserve Bank, but one of my tasks there was to draft replies to letters received. So let me try my hand at responding to Christopher Joye’s "Virus gets upper hand in battle against central banks" (AFR, March 13). Originally published in the Australian
Recognition of the need for greater government intervention in the economy is increasingly shaping the US political debate, with this shift paralleled among prominent economists