Global Economy
Coronavirus: One step forward, one step back for the global economy
For a second there the global economy was off to a slightly better start for 2020. The US and China finally inked an initial “phase one” trade deal that at least promised to pause…
Scott Morrison wasn’t at the Raisina Dialogue, but his ideas were
“India is not going to be a bastion of Western liberalism”, declared Stephen Harper, the former Prime Minister of Canada, at the inaugural session of the Raisina Dialogue, hosted…
The US is elbowing Australia and allies in a race for the China market
US President Donald Trump was quite right when he declared the 15 January US–China “Stage One” agreement an “unbelievable deal” for the United States. Unbelievable it is, though…
Pacific development outlook for 2020
At the dawn of 2020, the world is waking up on a pillow of uncertainty. The trade war between the United States and China has weakened the global economy, instabilities in the…
The real winners in the trade war might be found in Southeast Asia
After more than a year of tit-for-tat tariffs in the US-China trade war and generalised anxiety about the cost to the world economy, it is remarkable that foreign direct…
Indonesian economist Mari Pangestu is a World Bank Managing Director
The news that Mari Pangestu, one of Indonesia’s leading economists and policy makers, will be appointed as a Managing Director in the World Bank is a boost for the multilateral…
US-China trade deal, phase one done: Now what?
It may go awry between now and the promised finalisation in January, but both the US and China now agree that phase one of the most difficult bilateral economic negotiation in…
Economic diplomacy: Indian trade, taming BRI, and diaspora business
Bollywood beckons
India is planning a more expansive approach to economic engagement with Australia just as Australia gears up to restart formal negotiations on a bilateral trade…
Chart of the week: Global trade through a US-China lens
Who dominates global trade? It is well recognised that China has become the world’s largest trading nation. Less appreciated is the effect this has had in displacing the United…
Paul Volcker’s pragmatism: fighting inflation and financialization
Paul Volcker, chairman of the Board of Governors of the US Federal Reserve from 1979 to 1987, passed away this month. In remembrances, he has been most often celebrated for taming…