Economics in the real world

The Nobel committee’s decision to award its economics prize for 2021 to David Card, Josh Angrist and Guido Imbens marks the culmination of a revolution in the way economists approach the world that began more than 30 years ago.

Boosting Indonesia–Australia economic relations

The future of Indonesia–Australia economic relations will see an intersection of various interests, including government, business communities, and intellectuals from Indonesia and Australia.

Saving free trade in the post-COVID world

The post-pandemic recovery offers an opportunity recalibrate existing policies to maintain the fruits of the last few decades of trade liberalisation while making its benefits more equitable across societies.

Regulatory compliance won’t stop financial crime

The fight against money laundering and the influx of criminal funds into the economy needs the support of a wide range of professionals and institutions, as well as the banks and other financial institutions.

We’re doing well despite Delta, but 3 economic challenges remain

Australia faces economic problems down the road if three big, structural reform areas – housing affordability, the tax mix, and decarbonisation – are not addressed in the post-COVID recovery.

Will future generations bear the COVID bill?

Governments are spending at unprecedented levels. Where does this money come from, and are governments saddling young people with too much debt?

Understanding Australia’s tax concessions to attract overseas talent

Australian expats abroad are currently paying tax to foreign tax authorities. They have suddenly become the focus for Australia’s 2021-22 Federal Budget.

Bad tempered steel

A recent report in China’s Global Times newspaper suggests Chinese steel mills are imposing discriminatory cuts to exports to Australia as a new element in the continuing campaign of economic coercion against us.

Post-school transitions to employment in the age of COVID-19

COVID has disrupted the plans of young people planning further education and careers over the last 18 months, and a new study looks to investigate their experiences and hopes for the future.

Global fall in foreign investment reflects rise in geopolitical tensions

Foreign direct investment is increasingly being seen as a threat to national security as relations between China and the West deteriorate. Twenty-five nations imposed new security regulations controlling investment inflows during the past year.

Global shipping bounces back

The pandemic prompted calls for greater self-sufficiency, but global shipping is back to pre-COVID proportions, although fissures in international relations threaten to undermine this recovery.

Australia’s asymmetric advantages in global trade

Australia’s phenomenal resource endowment has once again seen it through a difficult period in the global economy, with supercharged commodity markets siphoning some of the stimulus spending by the world’s major economies into Australian pockets.