Global Economy
Infrastructure: An opportunity for emerging economies
Low global interest rates since the 2008 global financial crisis seem to provide an ideal opportunity for boosting infrastructure investment. Bond rates have been historically low…
Australian economic reform: The next generation
Growth in HALE index, Intangible GDP, net national income and GDP, 2005-2014.
John Edwards' Beyond the Boom tilts effectively against Australia's congenital Hanrahanism. It points…
Australia's economy: Stimulus, saving and the GFC
John Edwards' Beyond the Boom is a welcome follow-up to his 2006 Quiet Boom, which I reviewed at the time in conjunction with Ian Macfarlane's Boyer Lectures.
I agree with the…
Australia's economic growth secret: It's not mining, and it's not micro reform...
Reading John Edwards Beyond the Boom, I am struck by how easy it is to take the same facts, and treat them as good or bad news. The factual core of Edwards' argument is that the…
Resources boom: Australia's misplaced pessimism
'We'll all be rooned,' said Hanrahan, 'before the year is out.'
Pessimism is a key part of the great Australian tradition, reflecting a history of booms and busts. It has…
Hillary Clinton's trade warning: Can China coerce Australia?
Hillary Clinton believes Australia is too economically dependent on China, warning that dependence could 'undermine your freedom of movement and your sovereignty — economic and…
The economic impact of environmental crime
A new report from the UN Environment Programme claims that the monetary value of 'environmental crime' — logging, poaching, animal trafficking, illegal fishing, illegal mining,…
Australia's economy: Luck will favour the prepared
Unemployment remains fearfully high in much of Europe, growth in the US is tepid and China may be on the verge of an unprecedented slowdown. In the midst of all this…
The myths of the mining boom
In widely reported censures by business leaders and economists, in warnings by politicians, public servants and journalists, we often encounter grim themes about the Australian…
Beyond the Boom: A new research phase for the Lowy Institute
The Lowy Institute is, first and foremost, a research institution. We publish research that is accessible to policy-makers and non-specialist readers. Often this will mean writing…