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.
Commentary
The government's bazooka is biggest, not the RBA's
Lowy Institute Nonresident Fellow Stephen Grenville evaluates the RBA's response to COVID-19. Originally published in the Australian Financial Review.
Commentary
Vital to focus on fiscal policy as recession inevitable
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…
Commentary
The RBA's job is to back banks, not bail out gamblers
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 …
The IMF ponders international capital flows
Foreign capital flows without effective debt resolution is like Christianity without the threat of hell.
Commentary
Central bank reputations at risk from impossible targets
Central banks around the world are caught in the same bind: inflation is below their target. Originally published in The Australian.
Reports of China’s economic death are greatly exaggerated
No-one denies a transition from poverty to riches is littered with traps and dead ends – but nor is failure inevitable.
Book review: A very private enterprise
Aggressive advocates of free markets, the Koch brothers amassed a fortune by exploiting market imperfections.
Favourites of 2019: Ross Garnaut on climate
Escaping the gloomy view, a positive look at the opportunities for renewable power might just match the public mood.
Book review: China, the US, and the big break
Detailed reporting enlivens what is a substantive and important look at the world’s big economic test.
