Programs & Projects
The International Economics Program
The International Economics program aims to explain developments in the international economy, and influence policy. It does so by undertaking independent analytical research.
The International Economics program contributes to the Lowy Institute’s core publications: policy briefs and policy analyses. For example, the program contributed the Lowy Institute Paper, John Edwards’ Beyond the Boom, which argued that Australia’s transition away from the commodities boom will be quite smooth.
Experts
Latest publications
News and media
A new era of leadership by the G19?
US President Donald Trump arrived in Hamburg for the G20 leaders meeting no friend of globalisation and multilateralism. Most of the analysis so far has focused on Trump himself…
Trump’s slow adjustment to global trade realities
The most striking message of the Hamburg G20 leaders meeting is not that the US did not lead the discussion but that it clearly didn’t even wish to. President Trump is most…
Commentary
How the Asian financial crisis exposed neoliberalism's limits
Originally published in the Nikkei Asian Review.
Stephen Grenville
Is the US economy at full employment?
After the painfully slow recovery from the 2008 great Recession, US unemployment is now 4.4%, well below the level commonly regarded as 'full employment'. This would suggest that…
Quick comment: Sebastian Mallaby on Trump, the Fed and the global economy
After reviewing Sebastian Mallaby's 700-page biography of former US Federal Reserve Chairman Alan Greenspan late last year, Lowy Institute Nonresident Fellow…
Capital flows to emerging economies: Still unresolved
This year marks the 20th anniversary of the Asian Financial Crisis. Many factors were involved in that disaster, but grossly excessive foreign capital inflows were the key macro…
China’s financial concerns
The China bears have been around for years, continuously predicting the end of China's stellar growth story. In 2012 Michael Pettis expected annual growth to average 3% over this…
Convention likely to win out in Trump-Xi meeting
Of all the startling events of the Trump Administration's first three months, the one most consequential for the rest of the world is quite likely the meeting between Trump and…
Infrastructure: How Indonesia could shift up a gear
Next year Indonesia will host the annual meetings of the International Monetary Fund and World Bank in Nusa Dua, Bali. This is a big deal: these meetings leave Washington only…
The global economy: Surviving Trump just fine
Two months into the Trump Administration, is it overturning the ‘liberal world order’, as widely feared? By now we ought to have some idea. My conclusion: no, it isn’t. If there…