Programs & Projects
The International Economics Program
The International Economics program aims to explain developments in the international economy, and influence policy. It does so by undertaking independent analytical research.
The International Economics program contributes to the Lowy Institute’s core publications: policy briefs and policy analyses. For example, the program contributed the Lowy Institute Paper, John Edwards’ Beyond the Boom, which argued that Australia’s transition away from the commodities boom will be quite smooth.
Experts
Latest publications
News and media
Don’t renegotiate the Trans-Pacific Partnership
Australia was quick to welcome US President Donald Trump's casual comment that the US might be prepared to join the Trans-Pacific Partnership if a "substantially better" deal…
What a US–China trade war would look like
Sometime soon, US President Donald Trump will announce his plan to respond to what the administration calls China’s “economic aggression”. When he does, it is not only China that…
Behind the Australia–Canada ‘wine war’
Australia has formally lodged a complaint against restrictions some Canadian provinces have placed on the sale of imported wine in grocery stores, in what has been described,…
Rethinking macroeconomics: the missing financial sector
Past posts have examined how monetary policy has adapted since the 2007–08 global crisis and how fiscal policy is still unresolved. But neither monetary nor fiscal policy caused…
Rethinking macro-economics: Fiscal policy
My recent post on rethinking macro-economics argued that monetary policy did all it could (and maybe was overstretched) during the weak recovery from the 2007-2008 crisis. The…
The Bitcoin bubble
With Bitcoin trading at more than US$10,000 and suggestions it is not just a technological breakthrough, but also an exemplar of how to get around the failings of the nation state…
Converging approaches on Chinese investment
This article is part of a series for the Australia-UK Asia Dialogue, co-hosted by the Lowy Institute and Ditchley Foundation, and supported by the Department of Foreign Affairs…
Rethinking macro-economics: Monetary policy
For the countries affected by the 2007-08 financial crisis, the recovery has been lacklustre. There was no self-equilibrating 'V'-shaped return to the pre-crisis GDP growth…
The first global supply chain
The city of Ternate in eastern Indonesia seems forgotten by time. Its quiet bustle is confined to the coastal fringes of Mount Gamalama, with its imperious presence. The most…
Central banks and the inflation conundrum
Inflation in the UK hit 3% for the year to September, but elsewhere it remains quite low, despite a strengthening global economy. Consumer price inflation in the US, for …