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
Is the G20 agenda too big?
Mike Callaghan is Director of the Lowy Institute's G20 Studies Centre. Mark Thirlwell is Director of the Lowy Institute's International Economy Program and a G20 Studies Centre…
More on why economic policy fails
Unemployment in Ireland, Greece, Spain, Italy and Portugal.
The above graph (h/t RCW and Early Warning) reminds us that the policy failures Stephen Grenville described in his…
Why economic policy fails
It was not pre-ordained that the economies of Europe, the US, and the UK would perform as poorly as it they have over the past two years.
There were better policy options…
In defence of the IMF: At least it's consistent
Mike Callaghan is Director of the Lowy Institute's G20 Studies Centre.
IMF Chief economist Olivier Blanchard recently confirmed that he was 'right about being wrong' in…
Economic forecasting: Broken models
Economists are the butt of much mirth about their forecasting ability, but the recent performance may be getting beyond a joke. Failing to predict the precise outcome is one…
Analyses
Anaemic ascent: why China currency is far from going global
China’s currency is on the rise. Buoyed by the economy’s outperformance and global trade impact, policy steps over the past few years have thrust the renminbi onto the global…
Analyses
National perspectives on global leadership during the Los Cabos G20 Summit
International Economy Program Director Mark Thirlwell is a contributor to a CIGI-Brookings Institution project on National Perspectives on Global Leadership. The seventh…
Analyses
The Eurozone bad bets: a beginner guide to the Eurozone crisis
In this new Working Paper, Mark Thirlwell provides a beginner’s guide to the Eurozone crisis. Mark Thirlwell
Analyses
From the Fall of the Wall to the Fall of the Banks and beyond: three persistent problems for the global economy
In this 2010 working paper, Mark Thirlwell looks at the changing shape of a global economy that was born with the fall of the Berlin Wall in November 1989. Mark Thirlwell
Analyses
The spectre of Malthus
In this 2009 Lowy Institute working paper, Mark Thirlwell looks at some initial lessons from the 2007-2008 crisis about living in a resource-constrained world. A revised version…