Global Economy
What Norway might learn from Nauru after a massive phosphate find
The recent announcement of a high-grade phosphate deposit of at least 70 billion tonnes in Norway by Norge Mining has sparked excitement that it could meet global demand for…
The cost-benefit of turning “dirty” shipping clean
What do you value more – stopping climate chaos or keeping global shipping cheap? That was the dilemma many developing countries faced at the wood-panelled London headquarters of…
Australia and Southeast Asia: Driving EV collaboration across borders
“All countries deserve to process their natural resources, all countries deserve to make their people prosperous, and other countries must respect this right.” These words from…
Scrapping IMF surcharges is key to cutting debt burden on distressed nations
More than 50 countries, composing half of the world’s poorest people, are facing severe debt distress. “Crisis” might be an overused term in global politics, but surely this…
Timor-Leste: Breaking free from temptation of easy money
A successful 21 May election in Timor-Leste saw the smooth and peaceful transition of power to a new government led by Xanana Gusmão – new, in the sense of being newly sworn in,…
Economic diplomacy: Power shifts with Jakarta
Trading places
It’s now half a century since Australia and Indonesia signed a bilateral investment agreement leading to serial government initiatives mostly on the Australian…
Reforming Australia’s trading system – a long hard slog but worth the effort
As Australia seeks to diversify its economy, build more resilience into supply chains, and improve productivity, reducing the transaction costs of both exporting and importing has…
From hydrocarbons to hydrogen? Gulf states seek the good oil in green transition
Hydrogen has been hailed as an energy of the future and the technical fix in the green transition. But as hydrogen’s technological and cost barriers continue to fall, there remain…
Globalisation promised growth. Now emerging economies need a new path
The global economy is now entering a more dangerous phase of “selective” de-globalisation. Escalating geopolitical tensions have spilled over to the once “secular” arena of trade…
Replenishing the Green Climate Fund
The Green Climate Fund (GCF) was established in 2010 as a linchpin for global solidarity between rich and poor countries. Operating under the United Nations Framework Convention…