Global Economy
In beef over barley, Chinese economic coercion cuts against the grain
Last weekend news broke that the Chinese government was considering imposing large tariffs on Australian barley exports. Now, China-bound exports from four Australian meat…
Economic diplomacy: Lifting the doona on a post-pandemic world
Health v growth
The language of lockdown has certainly undergone a change, from Prime Minister Scott Morrison advocating six months of hibernation only a month ago to now warning…
Reports
Mobilizing the Indo-Pacific infrastructure response to China’s Belt and Road Initiative in Southeast Asia
A policy brief by Roland Rajah, Director of the International Economy Program at the Lowy Institute, published by The Brookings Institution.
Despite headwinds, China prepares for world’s largest carbon market
In late 2017, China released its national emissions trading system (ETS) plan, laying out a three-stage transition from regional pilot systems that began in 2013. The national ETS…
COVIDcast Episode 9: Covid‑19 and the oil price collapse
In this episode of COVIDcast, Roland Rajah, the Lowy Institute’s Director of the International Economy Program, sat down with Rachel Ziemba, Adjunct Senior Fellow at the Center…
The high price of cheap oil for Saudi Arabia
The ramifications from the oil war that has pitted Saudi Arabia against Russia but also dragged in the United States may end up being most significant for Riyadh. To misquote…
New Zealand: Running the marathon
Earlier this week, New Zealand moved out of total lockdown into a phase of continuing control on social movement, but with an opening of widespread economic activity. Schools…
A mining boom to a dining boom and more economic consequences of Covid
While we were once mesmerised by how goods and services could fly around the global economy at the blink of an eye, we have now seen the downside of globalisation, where a…
Negative oil prices: Why Asian nations may struggle to take advantage
On 20 April 20, US oil futures closed in negative territory for the first time, implying that no one was willing to take physical delivery of some barrels of oil. While the…
Statesman Turnbull steps up: Secret letters, taming Trump, due credit
Big boys time
From media baron Rupert Murdoch to leadership rival Peter Dutton, Malcolm Turnbull’s new memoir* released this week is partly built on his self-assessment that he…