Global Economy
![Nord Stream 2: Will you go to the Gazprom with me?](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1229939675.jpg?itok=CcKf3sLD)
Nord Stream 2: Will you go to the Gazprom with me?
Of the several spectres haunting Europe, the Nord Stream 2 gas pipeline is one of the most persistent. This week, the project hit another snag. Its approval process was…
![Framing globalisation](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/elena-mozhvilo-eA32JIBsSu8-unsplash%5B1%5D.jpg?itok=RepYS1EH)
Framing globalisation
Six Faces of Globalization: Who Wins, Who Loses, and Why it Matters, by Anthea Roberts and Nicolas Lamp (Harvard University Press, 2021)
People use mental shortcuts…
![Economic diplomacy: Supply chains, sanctions, and Telstra Pacific](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1235879479.jpg?itok=maWiJIH1)
Economic diplomacy: Supply chains, sanctions, and Telstra Pacific
Sovereign nation
It is 18 months since Prime Minister Scott Morrison sent Australians off to their first locked-down Easter with the somewhat mixed message that the government…
![Markets and resilience in the face of economic coercion](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/5556577947_c988298e44_k.jpg?itok=Zlh-T92N)
Markets and resilience in the face of economic coercion
Australia’s stern statement at a World Trade Organisation review of China’s trade policy last month emphasised that Beijing’s trade disruptive measures may be targeted at…
![China’s economic sanctions made Australia more confident](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1230907276.jpg?itok=TDtuO5zI)
China’s economic sanctions made Australia more confident
China has singled out several Australian industries with economic sanctions since May last year, imposing hefty tariffs on Australian barley and wine exports, while throwing up…
![Economic diplomacy: Los Angeles port pips China as Christmas grinch](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1235870396.jpg?itok=KoY-LP2a)
Economic diplomacy: Los Angeles port pips China as Christmas grinch
Delivery guy
When Joe Biden first elevated “something called supply chains” to the global bully pulpit of a White House press briefing back in February it wasn’t hard to guess…
![A rank index or a politicised process? The IMF and trouble at the top](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1234880651.jpg?itok=YF0WaQfg)
A rank index or a politicised process? The IMF and trouble at the top
The International Monetary Fund and the World Bank are meeting this week in Washington. The main focus is not on the Fund’s latest guesstimate of where the global economy is…
![Economic diplomacy: Japan’s new PM joins the (supply) chain gang](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1235697165.jpg?itok=TKtgYtpJ)
Economic diplomacy: Japan’s new PM joins the (supply) chain gang
Securing the decks
For a country renowned for churning through ministers, perhaps the most remarkable thing about Japan’s new ministry under freshly appointed leader Fumio…
![The scope to negotiate with China on the CPTPP](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1235617211%20copy.jpg?itok=wTwk_KRL)
The scope to negotiate with China on the CPTPP
China’s recent request to begin talks to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) was a surprise. With geopolitical tensions at a high, China is…
![WTO dispute settlement: why Australia bothers](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1230147028.jpg?itok=0CiClFgo)
WTO dispute settlement: why Australia bothers
I have three propositions about Australia’s participation in World Trade Organisation dispute settlement to put to Interpreter readers.Proposition one: the WTO dispute settlement…