Global Economy

Five reasons why the government mustn’t cool its heels on an “Australian IRA”
Five reasons why the government mustn’t cool its heels on an “Australian IRA”
In a recent article in the Australian Financial Review, eminent energy economist Professor Frank Jotzo called for Australia to “stay cool, calm and collected” on the…
Indonesia’s long-term geostrategic ambition: What’s missing?
Indonesia’s long-term geostrategic ambition: What’s missing?
President Joko Widodo recently unveiled Indonesia’s preliminary long-term development plan (RPJPN) of 2025–2045, which lays out the country’s grand ambition to attain a “Golden…
China does not need currency manipulation to boost its exports
China does not need currency manipulation to boost its exports
China’s economic troubles are prompting concern that the government might weaken its currency in an attempt to export the economy out of trouble. That would see China increasingly…
UN General Assembly: Snubs and fragmentation
UN General Assembly: Snubs and fragmentation
The world’s premier annual rendezvous of diplomacy – the United Nations General Assembly – opens its 78th session in New York City tomorrow, the first fully in-person meeting…
Beijing’s plan for Taiwan challenges its offshore wind push
Beijing’s plan for Taiwan challenges its offshore wind push
Military considerations are slowing China’s offshore wind energy deployment. The coastal province of Fujian, just opposite Taiwan, is critical to the Chinese People’s Liberation…
Critical minerals, critical choices: Australia’s role in shaping the green revolution
Critical minerals, critical choices: Australia’s role in shaping the green revolution
Prime Minister Albanese sparked a mini controversy last month by wearing a Rio Tinto shirt with “Anthony” emblazoned on the chest pocket to a press conference in Karratha. He was…
Economic diplomacy: ASEAN bound, but words are not enough
Economic diplomacy: ASEAN bound, but words are not enough
Legacy land One of the curiosities of former Prime Minister Malcolm Turnbull’s memoir of his time in office is that he makes very little of the 2018 gathering of Southeast…
The crucial role for the Green Climate Fund – and why Australia should contribute
The crucial role for the Green Climate Fund – and why Australia should contribute
Countries will decide next month how much they will pledge to the Green Climate Fund (GCF). The summit in Bonn, Germany could determine billions of dollars of financial support…
India pushes China to the margins of the G20
India pushes China to the margins of the G20
Chairing a forum as unwieldy as the Group of 20 (G20) is not easy at the best of times. The grouping has no headquarters or secretariat. The G20 chair rotates between the members,…
In Australia’s big play in Southeast Asia, mobilising the private sector is critical
In Australia’s big play in Southeast Asia, mobilising the private sector is critical
There is an unmistakable disconnect between Australia’s trade and investment flows and the geo-economic importance of Southeast Asia. The combined economies of the Association…