Publications

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The RBA's job is to back banks, not bail out gamblers
Commentary
The RBA's job is to back banks, not bail out gamblers
It’s quite a while since I was at the Reserve Bank, but one of my tasks there was to draft replies to letters received. So let me try my hand at responding to Christopher Joye’s …
Avoiding the wrong lessons on aid and corruption
Commentary
Avoiding the wrong lessons on aid and corruption
Is development aid an effective solution to lifting countries out of poverty? Roland Rajah, Director of the International Economy Program, and Research Fellow Alexandre…
Central bank reputations at risk from impossible targets
Commentary
Central bank reputations at risk from impossible targets
Central banks around the world are caught in the same bind: inflation is below their target. Originally published in The Australian.
Paranoid leaders hoping repression can lead to stability
Commentary
Paranoid leaders hoping repression can lead to stability
This is an edited extract from the Lowy Institute Analysis ‘The Path of Least Resilience: Autocratic Rule and External Powers In The Middle East’ by Anthony Bubalo. The extract…
Joe Biden's victory for normal
Commentary
Joe Biden's victory for normal
History is against a win for the former vice president in November. But you can't blame allies for hoping that yet another shock awaits. Originally published in the Australian…
Middle Powers Will Determine the Future of the Asian Order
Commentary
Middle Powers Will Determine the Future of the Asian Order
In the Ambassador's Brief, Herve Lemahieu describes how the changing balance of power in Asia is setting the stage for prolonged great power competition. As the US-led rules…
Morrison Struggles Amidst His Bushfire Response
Commentary
Morrison Struggles Amidst His Bushfire Response
Originally published in the Council on Foreign Relations.
The coronavirus outbreak has exposed the deep flaws of Xi’s autocracy
Commentary
The coronavirus outbreak has exposed the deep flaws of Xi’s autocracy
China’s political system was meant to be all-powerful, capable of dealing with any crisis. The death of one doctor has shaken that claim. Originally published in The Guardian…
Politics comes first in China's agony
Commentary
Politics comes first in China's agony
In an opinion piece originally published in the Financial Review, Natasha Kassam argues that China's biggest concern in dealing with the new coronavirus is maintaining stability…