Global Economy

Economic diplomacy: Made in Australia with new energy
Economic diplomacy: Made in Australia with new energy
Elbows out Is there a better case study in the curious politics of geo-economic fragmentation than Australia’s latest effort to revive manufacturing? Prime Minister Anthony…
Great powers vs domestic politics: The clean energy trade-off
Great powers vs domestic politics: The clean energy trade-off
The clean energy transition has emerged as a new frontier in the intensifying US–China strategic arms race. Energy transition minerals (ETMs) – an essential component of the shift…
India’s takeover of the Trincomalee Oil Tank Farm will help build energy interdependence with Sri Lanka
India’s takeover of the Trincomalee Oil Tank Farm will help build energy interdependence with Sri Lanka
India has recently moved to take effective control over the giant oil tank farm in Trincomalee, Sri Lanka. This marks a key step in integrating Sri Lanka into India’s national…
Daniel Kahneman: A psychologist who shaped economics, and the world
Daniel Kahneman: A psychologist who shaped economics, and the world
Daniel Kahneman, the eminent psychologist renowned for his ground-breaking work on the psychology of judgment and decision-making, and a founder of the field of behavioural…
Economic diplomacy: Hanging on in ASEAN
Economic diplomacy: Hanging on in ASEAN
Passing lane Australian Prime Minister Anthony Albanese says Southeast Asia is “where Australia's future lies” and Treasurer Jim Chalmers says even more enthusiastically that …
If industrial policy is the new candy house, developing countries need to gain more than just the bread crumbs
If industrial policy is the new candy house, developing countries need to gain more than just the bread crumbs
Industrial policies such as the US Inflation Reduction Act or China’s Made in China 2025 policy are examples of a new suite of economic policies governments are deploying around…
China’s dominance over critical minerals poses an unacceptable risk
China’s dominance over critical minerals poses an unacceptable risk
Critical minerals are the world's building blocks for emerging and future technologies. They are essential to manufacturing, clean energy production, semiconductor production, and…
Reverse colonialism? India and Britain’s free trade agreements
Reverse colonialism? India and Britain’s free trade agreements
As elections loom, India is in free trade agreement mode. Hot on the heels of announcing the signing of a “landmark” deal with a group of non-EU European countries, India has also…
What price sanctions?
What price sanctions?
Book Review: The Trade Weapon, by Ken Heydon (Wiley 2023) Following the presumed assassination of Russian political opposition figure Alexei Navalny, the United States,…
Shipping and the great shrinking waterways
Shipping and the great shrinking waterways
How low can the Yangtze go? Although Asia’s longest river is making a slow recovery from the late-2022 drought that stopped some of the traffic up the “golden waterway” that…