Friday 18 Oct 2019 | 10:08 | SYDNEY
What's happening on

International Economy

Central banks and capital flows

Sudden capital outflows were at the heart of the 1997-8 Asian Crisis. Ten years later, capital flows are back on the policy agenda, but in a very different context. The countries of East Asia are now getting more inflows than they can effectively absorb and the upward pressure on exchange rates is

More second thoughts

Earlier this year in Lowy Institute Paper 18, 'Second thoughts on globalisation', Mark Thirlwell looked at how the globalisation-powered rise of China and India was disconcerting some in the developed world, and prompting a re-evaluation of the costs and benefits of globalisation. This Lowy

Sensible climate policy

The release of the report by the Prime Ministerial Task Group on Emissions Trading has received a lot of attention. The broad philosophy of that report is based on the McKibbin-Wilcoxen Blueprint, an approach developed by the Lowy Insitute's Professorial Fellow, Warwick McKibbin and Professor Peter

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