European economic policymakers have had a packed schedule lately. First, the European Central Bank’s governing council gathered to deliberate on what would become its 10th consecutive interest-rate hike. Then, the European Union’s Economic and Financial …
China’s economic reality, until recently, was nothing short of extraordinary. The nation’s annual economic output soared from under US$500 billion to US$18 trillion between 1992 and 2022, with years of double-digit growth pushing annual GDP …
In the US, the ‘Washington consensus’ of fiscal stringency, deregulation, trade liberalisation and disdain for industry support is dead. It was killed by a new politics capitalising on the anger of a hollowed-out middle class, …
Great opportunities await the Australian critical minerals industry, according to the Productivity Commission, but it says they are unlikely to include manufacture of end products such as batteries. The commission’s critique of the emerging industry …
The United States has (re)discovered industrial policy. As President Joe Biden’s national security strategy puts it, the administration views ‘modern industrial and innovation strategy’ as the backbone of the future economy. It is an economic …
