Dr Stephen Grenville AO

Nonresident Fellow
Areas of expertise

Regional economic integration; Australia's economic relations with East Asia; international financial flows and the global financial architecture; financial sector development in East Asia

Dr Stephen Grenville AO
Biography
Publications

Dr Grenville is a Nonresident Fellow at the Lowy Institute. He works as a consultant on financial sector issues in East Asia. Between 1982 and 2001 he worked at the Reserve Bank of Australia, for the last five years as Deputy Governor and Board member. Before that, Dr Grenville was with the Organisation for Economic Co-operation and Development in Paris, the International Monetary Fund in Jakarta, the Australian National University and the Department of Foreign Affairs.

Favourites of 2017: the Vietnam War
Favourites of 2017: the Vietnam War
Even 50 years later, acknowledging and correcting mistakes seems as hard for policy-makers as ever.
Rethinking macro-economics: Fiscal policy
Rethinking macro-economics: Fiscal policy
Lessons from the global financial crisis haven't influenced US President Donald Trump's tax changes.
The Bitcoin bubble
The Bitcoin bubble
Bitcoin's price remains aloft, like cartoon character Wile E. Coyote, suspended in mid-air after running off a cliff.
Haircuts, taxis and Big Macs: Comparing economies using purchasing power parity
Haircuts, taxis and Big Macs: Comparing economies using purchasing power parity
Exploring the pitfalls of measuring China's economy against Americas.
The global energy outlook and what it means for climate change
The global energy outlook and what it means for climate change
The two-degree target is way beyond reach on the International Energy Agency’s base scenario.
Fantasy solutions for taxing global capital
Fantasy solutions for taxing global capital
Scott Morrison is overstating the benefit to Australia of company tax cuts.
Rethinking macro-economics: Monetary policy
Rethinking macro-economics: Monetary policy
Using inflation prospects as the sole criterion for policy-setting was always a convenient simplification for central banks.
The first global supply chain
The first global supply chain
Ternate's history is a reminder that globalisation and 'free markets' are not always exactly the same.
Global macroeconomic puzzles
Global macroeconomic puzzles
Monetary policy appears to have lost its guiding compass; unemployment has fallen but inflation and wage pressures have not increased.
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