Dr Stephen Grenville AO
Nonresident Fellow
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.
Global macroeconomic puzzles
Monetary policy appears to have lost its guiding compass; unemployment has fallen but inflation and wage pressures have not increased.
‘Choosing Openness’ makes the case for globalisation
What a relief to have a politician talking serious economics.
Managing economic risk in Asia: A strategy for Australia
Much more active capital-flow management would reduce the likelihood of crisis.
A new proposal to normalise US monetary policy
Quantitative easing was misunderstood from the start, and enough confusion still exists to cause over-reaction.
Commentary
Intellectual property rights row misses the point
Originally published in the Nikkei Asian Review.Stephen Grenville
Ten years after the GFC, are we safe?
The tirelessly ingenious financial sector will find new ways of getting into trouble.
Addressing global capital flows
It’s time for the IMF to develop some operational guidelines for capital-flow management for emerging economies.
O Canada! Australia's best hope in the global IP struggle
Australia's best hope is that Canada, which shares our position as a major net user of IP, will work hard in the NAFTA negotiations to defend our common interests.
Taxing global capital
Enterprises that benefit from the deep social and legal infrastructure needed to make its operations possible should pay a fair tax somewhere.