Dr Stephen Grenville AO
Nonresident Fellow
Areas of expertise
Regional economic integration; Australia's economic relations with East Asia; international financial flows and the global financial architecture; financial sector development in East Asia
Biography
Publications
Dr Grenville is a Nonresident Fellow at the Lowy Institute. He works as a consultant on financial sector issues in East Asia. Between 1982 and 2001 he worked at the Reserve Bank of Australia, for the last five years as Deputy Governor and Board member. Before that, Dr Grenville was with the Organisation for Economic Co-operation and Development in Paris, the International Monetary Fund in Jakarta, the Australian National University and the Department of Foreign Affairs.
Trump and “currency manipulation”
It is rare that free-market economists find themselves advocating the same policies as a president with a deal-by-deal attitude.
Less is more? Employment rates and economic growth
Labour market participation is a key factor in determining monetary policy.
Global monetary policy returning to “normality”
Fears about the effects of quantitative easing are refuted by experience.
Profit shifting: digital fat cats in national tax gaps
Companies should make a fair contribution to running the countries in which they create value and earn profits.
The sky is not falling on Asia’s central banks
Each ephemeral piece of news is presented as a narrative of impending doom.
CPTPP wobbles over foreign investor rights
After years of negotiation and drama, the revived agreement on balance is probably advantageous for global trade.
Multilateral trade versus self-interest
Australia could chose an approach to minimise the political damage from failing to obtain an exemption to Trump’s tariffs.
Company tax cuts: America versus Australia
Rather than continue a race-to-the-bottom on company tax, a sensible global regime is needed.
Central banks changing of the guard
While the tradition of central bank independence is relatively new, the idea has held firm.
