Saturday 19 Jan 2019 | 21:02 | SYDNEY
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People | experts John Edwards
Senior Fellow
Lowy Institute
John Edwards's picture
Areas of ExpertiseAustralian economic policy; monetary policy; international economics; banking

Brexit is England's silliest decision since Suez

It's now over 70 years since British Prime Minister Winston Churchill told his Australian counterpart John Curtin of his wish to see a united western Europe, of which Britain would be a member. The allies had fought their way up the southern Italian peninsula but the Normandy landing was still a

Vision 2030 (part 2): Saudi Arabia's bold reinvention plan

This is the second in a two-part series examining Saudi Arabia's ambitious plan to transform its economy. Part 1 looked at the reach of the Vision 2030 plan and labour force implications; part 2 examines which industry bets are most likely to pay off. Vision 2030's central and stunning call is to

Vision 2030 (part 1): Saudi Arabia's bold reinvention plan

This two part series considers Saudi Arabia's ambitious plan to transform its economy. Part 1 looks at the reach of the Vision 2030 plan and labour force implications, Part 2 will examine which industry bets are most likely to pay off. Though he is yet to reveal the details of the plan, Saudi

After the mining boom, adjustment is the key

In a post here a few weeks ago, Adelaide economist Jonathan Pincus claims that my Beyond the Boom book confuses output and income. Fair readers will find that Beyond the Boom is painstaking in making exactly this distinction. It is central to understanding the mining boom, which is why I wrote quite

Beyond the Boom: A response to Jonathan Pincus

In a paper published recently on the Minerals Council of Australia website, Adelaide-based economist Jonathan Pincus takes issue with some of the calculations I make in my Lowy Institute Paper Beyond the Boom. He makes a number of criticisms, but the big one is of my estimate of the income gain from

'Beyond the Boom': John Edwards responds

Judith Sloan sums up my Beyond the Boom paper in two propositions: 'what mining boom?', and 'she'll be right, mate'. Those who have read the paper will recognise these propositions as gross caricatures. For those who haven't got round to reading the piece, I should explain that I argue that the

The myths of the mining boom

In widely reported censures by business leaders and economists, in warnings by politicians, public servants and journalists, we often encounter grim themes about the Australian economy. The mining boom accounted for Australia's apparent economic success in recent times, they say. But Australians

Beyond the boom

In this Lowy Institute Paper, Dr John Edwards, Nonresident Fellow at the Lowy Institute, challenges the pessimism about the Australian economy. The mining boom is far from over – and it hasn’t been as important for Australian prosperity as widely believed.