Global Economy
![Economic diplomacy: New trade agenda, Chinese rhinos, Made in ASEAN](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1068525686-min.jpg?itok=0I09AYW0)
Economic diplomacy: New trade agenda, Chinese rhinos, Made in ASEAN
Ninety per cent free
Australia’s election campaign might have been largely devoid of international affairs debate, but the Liberal Party did release a low-key trade policy which…
![Trump’s tariff tussle](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/47028933704_7b381b14e3_k.jpg?itok=hsE3AAOU)
Trump’s tariff tussle
As predictable as Big Ben striking the hour, as subtle as a battering ram, the final stages of the US-China trade negotiations involve upping the ante with a further tariff…
![Economic diplomacy: ASEAN trade, BRI deals and ageing Asia](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/ASEAN%20flags.jpg?itok=jTLqA2It)
Economic diplomacy: ASEAN trade, BRI deals and ageing Asia
When the Australian Chamber of Commerce and Industry surveyed its members last year about their use of trade agreements, the ASEAN-Australia New Zealand Free Trade Agreement…
![Economic diplomacy: Japan investment gazumps China, plus election on](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-621738178-min.jpg?itok=kjuWI7MF)
Economic diplomacy: Japan investment gazumps China, plus election on
Investment: smaller is bigger
There was a time when Asian investment in Australia was all about getting access to scarce resources and if Australia really punched above its…
![Book Review: Utopia For Realists](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/Book%20review%20stock%20image_0.jpeg?itok=Bw17Kntt)
Book Review: Utopia For Realists
Book Review: Utopia For Realists, And How We Can Get There, by Rutger Bregman (Bloomsbury, 2017)
Rutger Bregman shot to public fame calling out billionaires at this year’s…
![Economic diplomacy: trade and infrastructure battles in Asia](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1125751596-min.jpg?itok=3zgen2GU)
Economic diplomacy: trade and infrastructure battles in Asia
Each way bet
Australian businesses are simultaneously becoming more dependent on China and traditional Anglo markets just when the country’s foreign policy thrust is to diversify…
![The sudden interest in Modern Monetary Theory](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/Free_Beer.jpg?itok=GiJDZx5x)
The sudden interest in Modern Monetary Theory
The decade since the financial crisis of 2008 has been unkind to conventional economics. The gap between the observed facts and mainstream theory opened an opportunity for…
![What might a US-China trade deal look like?](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-1036646552.jpg?itok=CVINzElZ)
What might a US-China trade deal look like?
Perhaps they will, perhaps they won’t, but if China and the US do reach a trade agreement in coming weeks it will likely be very long. Meeting to seal the deal, President…
![Australia and Indonesia trade: deal (not quite) done](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/32334293867_b0cd8ddb16_o.jpg?itok=eDArY8nZ)
Australia and Indonesia trade: deal (not quite) done
The signing on 4 March of the Indonesia Australia–Comprehensive Economic Partnership Agreement (IA-CEPA) has been hailed as a major bilateral trade agreement and a diplomatic…
![An orthodox economic take on climate change shocks](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/GettyImages-855088486.jpg?itok=H2lGTluS)
An orthodox economic take on climate change shocks
In a debate as politically fractious as climate change, it is useful to have credible voices joining the fray. On Tuesday night, the Reserve Bank of Australia (RBA) waded into the…