Global Economy

Book Review: A Partnership Transformed: Three Decades of Cooperation between the Asian Development Bank and the People's Republic of China in Support of Reform and Opening Up…

Economic diplomacy: Development aid in the Belt & Road era

Mergerplomacy Five years after the Department of Foreign Affairs and Trade (DFAT) swallowed AusAID in the first major spending cuts of the new Coalition Government, two…

Economic diplomacy: trade ground shifts despite US-China row

Deal or no deal Global trade experts meeting in Australia this week have expressed some confidence that an interim deal will be reached by the end of the month. As markets…

A Tobin tax: an idea whose time has come for Indonesia

It is almost half-a-century since economist James Tobin proposed a small transaction tax to stabilise volatile global capital flows. Tobin’s proposal followed the breakdown of…

Indonesia’s role in multilateral development banks

After Jim Yong Kim resigned last month, President Donald Trump indicated he intends to nominate senior US Treasury official David Malpass to lead the World Bank. Under an…

Is Australia wise to pick sides in US-China trade war?

The US-China trade war is viewed by many as a dark cloud over the global economy. So why is Australia’s ambassador to the US, Joe Hockey, seemingly urging Trump to go harder, and…

Economic diplomacy: FTAs, shrinking China, and ecommerce

Bilateral trade’s birthday Australia’s tentative first steps into the world of the bilateral trade deals – which now tend to dominate the trade agenda – are revealed in the first…

Why the gloom? Global economic prospects

“Winter is coming” warned Indonesian President Joko Widodo in his address at the October meeting of the International Monetary Fund and World Bank Group in Bali. He wasn’t talking…

Economic diplomacy: A new year of trade rows & development strife

To TPP or not It might sound like a voice from the vault, but the New Year has begun with a fresh round of will-they or won’t-they about additional membership of the revamped…

Could Ivanka Trump become the next World Bank President?

Will Ivanka Trump become the next World Bank President? There is speculation that the President’s daughter is among the names thrown into the mix to replace the current president,…