US Economy

History repeats: A new (old) economic corridor emerges
History repeats: A new (old) economic corridor emerges
The newly announced India–Middle East–Europe Economic Corridor (IMEC) seeks to reimagine the natural connectivity of eras past. Historic trading links between the Indian…
How should Australia react to Bidenomics?
How should Australia react to Bidenomics?
American economic policy has shifted towards government intervention, including industrial policy and away from free-trade. US National Security Adviser Jake Sullivan set out the…
Australia must play the geoeconomics game, or risk being side-lined
Australia must play the geoeconomics game, or risk being side-lined
Last month, JPMorgan Chase CEO Jamie Dimon stated geopolitics is now the biggest global risk to the economy. Australian business leaders on the receiving end of Chinese economic…
De-dollarisation: shifting power between the US and BRICS
De-dollarisation: shifting power between the US and BRICS
There has been increasing talk of the BRICS nations (Brazil, Russia, India, China and South Africa) developing a new currency that will rival the US dollar as the global reserve…
A return to old-school mercantilism?
A return to old-school mercantilism?
Talk is cheap. In the international system, states closely monitor each other’s actions and rhetoric becomes secondary. With the acceleration of great power competition, states…
Is US industrial policy headed in the wrong direction?
Is US industrial policy headed in the wrong direction?
The Biden administration’s “modern American industrial strategy” marks a striking departure from prevailing economic orthodoxy. The United States is now championing muscular…
The end of the neo-liberal order?
The end of the neo-liberal order?
Did US National Security Advisor Jake Sullivan’s “New Washington Consensus” speech on 27 April signal the end of the neo-liberal order, when free markets had a paramount role in…
Economic diplomacy: Duelling D-words to delineate China
Economic diplomacy: Duelling D-words to delineate China
Risky business For the leader-in-waiting from a small, risk averse country, Singapore’s Deputy Prime Minister Lawrence Wong was remarkably quick last month to smack down the…
When the chips are down: Biden’s semiconductor war
When the chips are down: Biden’s semiconductor war
Export control policy in the semiconductor sector – an industry that supplies the world’s computer, smartphone, appliances and medical equipment industry with electronic chips –…
COVIDcast: Joseph E. Stiglitz on global cooperation in a time of international mistrust
Podcasts
COVIDcast: Joseph E. Stiglitz on global cooperation in a time of international mistrust
In this episode of COVIDcast, Lowy Institute Research Fellow Alexandre Dayant sat down with Professor Joseph E. Stiglitz to discuss the prospect of global cooperation in a time of…