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APEC 2011: Can the US deliver?
Author: Andrew Elek, ANU The most important objective of international economic cooperation in 2011 is to conclude the Doha Round. The United States has the influence to do that if it is prepared to...
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Australia’s trade policy returns to multilateralism
Author: Andrew Elek, ANU A landmark speech by Dr Craig Emerson, the new Australian Trade Minister, may mark a turning of the recent tide of Australian trade policy. On December 10, Emerson outlined the...
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Imaginative approaches needed for global economic integration
Author: Andrew Elek, ANU Sixty years ago, when the General Agreement on Tariffs and Trade (GATT) was established, trade in goods was the dominant form of international commerce and traditional,...
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How can Asia help fix the global economy?
Author: Andrew Elek, ANU The global economy has another serious bout of the jitters around the deep problems in Europe and uncertain recovery in the United States. The IMF meetings in Washington may...
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Asia’s global leadership at a difficult time
Author: Andrew Elek, ANU The 2008 global financial crisis catalysed a long-overdue transformation in the oversight of global affairs, bringing large emerging Asian economies to the G20 table. A...
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Trade regionalism in Asia: new issues and old
Author: Andrew Elek, ANU A revolution in information and communications technology since the 1990s has changed the nature of production, international commerce and the importance of integration. Eager...
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G20 infrastructure initiative: Keynesianism going global
Author: Andrew Elek, ANU The World Bank recently published a valuable research paper (World Bank Policy Research Working Paper 5940 by Justin Yifu Lin and Doerte Doemeland) which presents the evidence...
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Invest in infrastructure to restore confidence in the global economy
Author: Andrew Elek, ANU A series of massive policy failures are to be blamed for the crisis of confidence in the West that now threatens the global economy. At the same time, policy failure is being...
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US commits to ASEAN integration
Author: Andrew Elek, ANU At the 2012 United States–ASEAN Leaders Meeting in Cambodia, President Barack Obama and leaders from the 10 members of ASEAN launched the US–ASEAN Expanded Economic Engagement...
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G20 and Asian leadership
Author: Andrew Elek, ANU Only five years after its excellent start, the G20 is still trying to define its role and its ambition. Although the agenda is already too wide, some huge threats to the...
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A new G20 strategy for development cooperation
Author: Andrew Elek, ANU In late 2008 the policy failures of Western economies created a global problem which they could not fix by themselves. The G7 was forced to bring other emerging economies to...
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APEC paves the way for greater regional connectivity
Author: Andrew Elek, ANU For more than a decade, the business sector has been telling governments to shift the focus of regional economic integration. Dealing with across-the-border problems of...
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APEC leads by example in sparking economic recovery
Author: Andrew Elek, ANU The APEC process will be 25 years old in 2014. Its first quarter-century was dominated by trade policy to attain the Bogor goal of free and open trade and investment. It is...
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The potential role of the Asian Infrastructure Investment Bank
Author: Andrew Elek, ANU China’s president, Xi Jinping, announced the creation of an Asian Infrastructure Investment Bank (AIIB) just before the October 2013 APEC meeting in Bali. If the new bank is...
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Seizing the global infrastructure opportunity in Indonesia
Authors: Mahendra Siregar, BKPM, Andrew Elek, ANU, and Maria Monica Wihardja, World Bank Five years after the 2008 global financial crisis, the world economy is still operating well below capacity,...
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RCEP will help get Asian integration back on track
Author: Andrew Elek, ANU Asian interest in the Regional Comprehensive Economic Partnership (RCEP) process is rising. It is now perceived to be far better suited to Asia than the proposed Trans-Pacific...
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A role for APEC: accelerating investment in economic infrastructure
Author: Andrew Elek, ANU The world has a huge demand for economic infrastructure, including better transport and communications among economies. The world economy is performing well below its potential...
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Welcoming China’s Asian Infrastructure Investment Bank initiative
Author: Andrew Elek, ANU In October 2013, just before the APEC meeting in Bali, Chinese president Xi Jinping announced the creation of the Asian Infrastructure Investment Bank (AIIB). The bank will be...
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APEC’s first 25 years and the road ahead
Author: Andrew Elek, ANU APEC leaders will meet in Beijing in November, 25 years after the APEC process was launched in Canberra in 1989. Some early hopes have been met, while others have been dashed....
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Falling fossil fuel prices create a climate change opportunity
Author: Andrew Elek, ANU The recent and sharp fall in fossil fuel prices, thanks to new extractive techniques, will not last forever. It is high time to think about its threats and the opportunities....
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