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
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.
What did the 2008 crisis cost America?
A new study attempts to put a number on the ongoing cost of an enormously costly episode of misguided policies.
Who has been best for Australia: Trump or Obama?
It should concern Australia that Trump treats his potential enemies better than his loyal long-time friends.
Can the Fed resist Trump’s pressure?
The Federal Reserve faces a president from the world of real estate, where low interest rates are always good.
The future of work
“Zero-sum competition”, “distributional”, and “gig” jobs are what most of us can look forward to.
Short-term capital flows to emerging economies
Surges and retreats of foreign capital flows pose a question: how could they be made less volatile and more beneficial?
Trade is not just about tariffs
Behind-the-border measures are more important restraints on international trade.
Answering Bitcoin hype
To displace conventional currencies, Bitcoin has to function better than existing monies. It doesn’t.
Global profit shifting
New analysis suggests that Australia has the wrong priority in corporate tax reform.
When is monetary policy neutral?
Determining the neutral rate can determine how much stimulus an economy requires, and important policy implications follow if present low estimates are correct.
