Prof. Warwick McKibbin

Professorial Fellow
Areas of expertise
Climate change policy; globalisation and disease; international macroeconomic policy; international trade policy; global demographic change; global economic modeling
Prof. Warwick McKibbin
Biography
Publications

Professor Warwick McKibbin was a Professorial Fellow at the Lowy Institute for International Policy until October 2012. He is an ANU Public Policy Fellow in the Crawford School of Public Policy and an Adjunct Professor in the Australian Centre for Economic Research in Health at the Australian National University, a non resident Senior Fellow at the Brookings Institution in Washington D.C, and president of McKibbin Software Group. Professor McKibbin was a member of the Board of the Reserve Bank of Australia for a decade until July 2011. He has also worked at the Japanese Ministry of Finance, US Congressional Budget Office, World Bank, and advises governments and corporations globally. Professor McKibbin has been a consultant for many international agencies and a range of governments on issues of macroeconomic policy, international trade and finance, and greenhouse policy issues. Professor McKibbin has published widely in technical journals and the popular press including the book "Global Linkages: Macroeconomic Interdependence and Cooperation in the World Economy" written with Professor Jeffrey Sachs of Harvard University, and the new edited book "Sovereign Wealth: The Role of State Capital in the New Financial Order, Imperial College Press. In 2012, his paper on “Globalization and Disease” was voted one of the 50 Most Influential papers ever published by MIT Press Journals. Professor McKibbin received his B.Com (Honours 1) and University Medal from the University of NSW (1980) and his AM (1984) and a PhD (1986) from Harvard University. He is a Fellow of the Australian Academy of Social Sciences and a founding member of the Harvard University Asian Economic Panel. He was awarded the Centenary medal in 2003 "For Service to Australian Society through Economic Policy and Tertiary Education".

Convergence and per capita carbon emissions
Analyses
Convergence and per capita carbon emissions
In a new Working Paper in International Economics, Professor Warwick McKibbin and Alison Stegman write that assumptions about carbon emissions per person lie behind many future…
Financial liberalization, financial sector development and growth: evidence from Malaysia
Analyses
Financial liberalization, financial sector development and growth: evidence from Malaysia
The objective of this paper is to examine whether financial development leads to economic growth or vice versa in the small, open economy of Malaysia. We argue that the results…
Asset markets and financial flows in general equilibrium models
Analyses
Asset markets and financial flows in general equilibrium models
This paper discusses the importance of asset markets and financial flows in general equilibrium models. Asset markets and financial flows play an important role in the adjustment…
Indonesia in a changing global environment
Analyses
Indonesia in a changing global environment
Indonesia faces a number of important challenges both in the short run and in the longer run. The world economy is currently growing robustly but a number of uncertainties cloud…
Sensible climate policy
Analyses
Sensible climate policy
In Sensible climate policy Professor Warwick McKibbin criticises the Kyoto Protocol that had just entered into force in February 2005. He predicts that the policy would not…
Transpacific trade imbalances: causes and cures
Analyses
Transpacific trade imbalances: causes and cures
This Issues Brief by Professor Warwick McKibbin and others explores the causes of the transpacific trade imbalances using an empirical global model. It also evaluates the impact…
Modelling global demographic change: results for Japan
Analyses
Modelling global demographic change: results for Japan
In earlier papers, we introduced demographic features into the MSG3 model of the world economy, following the approach of Bryant and McKibbin. Warwick McKibbin
Long run projections for climate change scenarios
Analyses
Long run projections for climate change scenarios
The prediction of future temperature increases depends critically on the projections of future greenhouse gas emissions. Yet there is a vigorous debate about how these projections…
Climate change policy for India
Analyses
Climate change policy for India
While the global environment waits for the world to reach some form of agreement on climate policy, developing countries such as India are entering a phase of higher economic…
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