Policymakers need to think outside the narrow confines of what has been regarded as “America first” policy postures that have dictated Australia’s foreign policy choices.
The arbitrary treatment of comapnies like Philip Morris is unsettling and does not engender confidence – two basic ingredients required in trade and investment.
Roy Green, University of Technology Sydney and Renu Agarwal, University of Technology Sydney
Since the 1990s productivity has been slowing in Australia and elsewhere. We aren’t really sure why this is, but here are a couple of theories that could explain it.
As Europe discusses the reasons behind and reaction to the Brexit thunderclap, some in the UK are already seeing business opportunities – through the free ports, a notion abandoned by the EU.
Africa needs to learn from the experiences of others who have negotiated free trade pacts. In particular it needs to ensure its process is inclusive and does not pander to a few special interests.
Where do we go from here? After a dramatic year, we look ahead to some key economic and political trends that will influence our lives over the next 12 months.
While Trump’s more extreme campaign promises may not eventuate, substantive changes in how the US engages with the world on environmental, and many other, issues are likely.
China has introduced new currency and investment controls after foreign exchange reserves hit the lowest level since 2011. This could have a profound impact on our trading relationship.
The main arguments in favor of the TPP were economic. But there’s another reason the Trump administration should rethink its promise to nix it: Its demise will weaken US national security.