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 …
Tag Archive for: "economic policy"
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 …
Over the past few years, Covid-19, climate change and Chinese economic coercion have catalysed rapid global economic, foreign relations and national security policy changes. In Australia, the public discourse on sovereignty, national capacity and secure …