Dr Stephen Grenville AO

Nonresident Fellow
Dr Stephen Grenville AO
Biography
Publications
News and media

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.

Why big projects fail: Climate change and AUKUS submarines
Why big projects fail: Climate change and AUKUS submarines
Construction lessons – from the Empire State to the Sydney Opera House – can inform Australia’s most pressing problems.
How should Australia react to Bidenomics?
How should Australia react to Bidenomics?
Difference in philosophy is not to be feared.
You can’t model what you don’t understand
Commentary
You can’t model what you don’t understand
Originally published in The Australian on 8 October 2023.
Great expectations: Australia’s elusive Southeast Asia vision
Great expectations: Australia’s elusive Southeast Asia vision
Diplomacy, economic partnerships, copper mines and instant noodles - the Moore Report has much to reflect on.
Fiscal policy an essential tool for controlling the economy
Commentary
Fiscal policy an essential tool for controlling the economy
Originally published in the Australian Financial Review, 17 September 2023.
Building bigger BRICS
Building bigger BRICS
Reports of the death of the dominant US dollar have been greatly exaggerated.
The end of the neo-liberal order?
The end of the neo-liberal order?
With a new consensus in Washington, it’s time for Canberra to consider a shake-up of misguided industrial policy.
Taming international capital flows
Taming international capital flows
Emerging economies have borne the brunt of “easy money” economics, but past wisdom is catching up.  
Top