International Economy

This piece was originally published in the Australian Financial Review  

Asian financial markets should keep calm and carry on Stephen Grenville Nikkei Report 15 September 2015 Click here for the online text

The G20 has become a key international forum since it was set up in 1999. When Australia began its presidency of the 2014 summit in Brisbane, many commentators suggested that Australia’s chairing of the G20 would reinvigorate it. This timely book looks at what that meeting achieved and what has

In this Analysis, Arianto Patunru and Sjamsu Rahardja highlight the protectionist shift in Indonesia, and argue that this will harm Indonesia’s economic prospects

How much debt is too much? Stephen Grenville Nikkei Report 3 March 2015 Please click here for the online text

Low oil prices provide a fleeting chance for reform Stephen Grenville Nikkei Asian Review 22 January 2015 Please click here for the online text

The 12th edition of the G20 monitor contains an overview from John Lipsky on the G20’s role in global governance after the global financial crisis; a paper by Geoff Weir on the G20, Thomas Piketty, and inequality; thoughts from Hugh Jorgensen and Christian Downie on multilateral energy governance

Leading analysts from influential think tanks from 11 countries across the world provide their interim assessment of the Australian G20 presidency in this report. They all participated in last year’s Think20 meeting in Sydney, organised by the Lowy Institute, and are now discussing whether

1997 all over again? Not quite  Dr Stephen Grenville AO Nikkei 18 March 2014

In this article for Nikkei Report, Stephen Grenville outlines the challenges the G20 faces in its reform process. 

Relations between India and Australia have reached a new maturity, based on deepening connections between their societies, economies, education sectors and policy establishments. This positions these two democracies well to work together to advance their interests in a shared Indo-Pacific region.

In this op-ed, Dr Michael Fullilove, Executive Director of the Lowy Institute for International Policy, discusses America's 'war-weariness', drawing comparisons with Roosevelt's decision to support the Allies in World War II

This issue of the G20 Monitor examines the topic of development and the G20.  In line with the coverage of G20 agenda items in previous issues of the Monitor, the focus is on where the G20 can add value

In an opinion piece in The Australian Financial Review, Mark Thirlwell writes that the WTO needs to be prepared for the ways in which looming mega-regional deals will change the way global trade is done and that the G20 needs to do more to support the multilateral trading system

This issue of the Monitor examines international trade and the role of the G20. Over coming months the Monitor will cover in detail a number of issues that are, or should be on the G20 agenda. The next issue will deal with  financial regulation and the role of the G20

This report brings together four essays from Australian and Brazilian authors that collectively aim to shed some light on Brazil and its future importance to Australia and the world.  It presents a series of perspectives on the modern Brazilian economy, its economic history, its ties with

Last night, the inaugural Lowy Institute-Rio Tinto China Fellow, Professor Zha Daojiong of Peking University, gave a lively presentation on Chinese investment in Australia. Professor Zha is one of China's leading international policy scholars. The talk touched on some controversial issues

Australia and the world needs a focused and effective G20. But the forum is in danger of losing its way. This Analysis identifies nine key lessons from the G20’s history that can help relaunch it. This should be Australia’s goal when it chairs the G20 in 2014

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. 

Whilst headline output numbers show China’s economy gliding – more or less – towards a soft landing, several indicators suggest the distinct possibility of a sharper-than-expected slowdown

The emergence of substantial fiscal deficits and a large build-up of government debt in major advanced economies will inevitably lead to a period of fiscal consolidation in coming years.  

One important outcome of the Great Recession has been the rapid accumulation of government debt in many of the world’s developed economies. This growing debt burden represents a potential threat to economic stability, and as a result, the focus of fiscal policy is now shifting from stimulus to

Australia’s aid program has been in the news lately, with calls for a wider public debate on the role of overseas aid. But public debate is being shaped by starkly contradictory arguments

In a new paper written as background for the current Asian Development Bank Economic Outlook, Dr Stephen Grenville notes that Asia has come through the Global Financial Crisis well, with Chinese and Indian growth hardly slowing, and quick recoveries in those countries which were adversely affected.&