Global Economy

China's record shows it isn't ready for global leadership
Michael Thawley's comments on China's present global leadership credentials and ambitions are correct and phrased in the refreshingly direct manner Australians usually take as a…
Sino-Pakistan civil nuclear cooperation: A growing challenge to the global nuclear order
The Pakistani newspaper Dawn declared that at least 1200 people had died in Karachi, capital of the worst affected Pakistani state, Sindh, during the recent week-long heatwave…
Asia must brace for Greek shockwaves
Commentary
Asia must brace for Greek shockwaves
Asia must brace for Greek shockwavesStephen GrenvilleNikkei Report6 July 2015Click here for the online text.Stephen Grenville
Iran has made big nuclear concessions in Vienna
Another seven days to reach an agreement; that's what the P5-1 decided this week when they weren't able to meet their 30 June deadline for a final deal on Iran's nuclear program…
Peak box? Global container trade is slackening
In a little-noticed interview, the chief of Panama's Canal Authority concedes that 'the world and the canal were unlikely to ever again see the booming container trade that…
Beijing should hasten slowly on AIIB
The establishment of the Asian Infrastructure Investment Bank (AIIB) reached another milestone on Monday when 50 of the 57 founding members signed the AIIB's Articles of Agreement…
China makes its formal climate-change pledge
China's long-anticipated formal pledge to international climate change negotiations, it's 'intended nationally determined contribution' or INDC, has arrived. China's target is a…
Is the US Congress the main impediment to a rules-based order?
President Barack Obama finally has authority from the US Congress for advancing the Trans-Pacific Partnership (TPP), a signature foreign policy of his final term in office. The…
Four observations about the AIIB's Articles of Agreement
Four observations about the AIIB's Articles of Agreement
With the signing of the AIIB's Articles of Agreement in Beijing yesterday, how is the Bank shaping up? Here are some key things that struck me reading the Agreement: Membership…
IMF belatedly rethinks austerity
When we get enough perspective to write a balanced history of the 2008 global financial crisis and the subsequent feeble recovery, fiscal policy mistakes will surely feature…