Global Economy

Central banks and the inflation conundrum
Central banks and the inflation conundrum
Inflation in the UK hit 3% for the year to September, but elsewhere it remains quite low, despite a strengthening global economy. Consumer price inflation in the US, for …
Xi Jinping's state capitalism is here to stay
Commentary
Xi Jinping's state capitalism is here to stay
Originally published in the Australian Financial Review.Roland Rajah
The future role of international financial institutions
The future role of international financial institutions
The role of the multilateral development banks (MDBs) and other international financial institutions (IFIs) is back in the policy spotlight. The latest attention comes via…
Uncertain future for China's state capitalism
Commentary
Uncertain future for China's state capitalism
Originally published in the Nikkei Asian Review.Roland Rajah
Economic diplomacy brief: US-Japan relations, educating China, and Bishop’s legacy
Economic diplomacy brief: US-Japan relations, educating China, and Bishop’s legacy
Allies and customers Dropping a demand for free trade negotiations on Japan just when Prime Minister Shinzo Abe is in the middle of an unexpectedly difficult early…
Economic diplomacy brief: Labor’s Asian policy rebirth, foreign farm investment and PNG’s legal boom
Economic diplomacy brief: Labor’s Asian policy rebirth, foreign farm investment and PNG’s legal boom
Labor is going back to the future with a distinctly economic determinist approach to future engagement with Asia, at a time when the region's economic 'miracle' is facing some of…
Global growth: Choppy forecasts, but smooth sailing
Global growth: Choppy forecasts, but smooth sailing
It's been tough for those writing the IMF's World Economic Outlook in recent years. 'Is the Tide Rising?', the report asked in 2014, only to conclude later that same year that …
Global macroeconomic puzzles
Global macroeconomic puzzles
Just as the world economy seems to be settling down for slightly faster growth, disarray in the macroeconomic debate leaves policy-makers scratching their heads and financial…
‘Choosing Openness’: Why haven’t we won the argument yet?
‘Choosing Openness’: Why haven’t we won the argument yet?
Putting his economist hat on, Andrew Leigh's new Lowy Institute Paper revisits the case for Australia to still choose openness in an age of rising populism and proposes some ideas…
Choosing Openness
Lowy Institute Papers
Choosing Openness
Why global engagement is best for Australia Andrew Leigh