The growth of Chinese foreign direct investment and its impact on developed-country regulation and Chinese institutions. This project will study the growth of Chinese foreign direct investment globally, identifying its causes and drivers, and the link between foreign investment and the liberalisation of the Chinese economy. This project's findings will inform the elaboration of Australia's policy response to Chinese direct investment.
Economic Diplomacy and National Prosperity. This project aims to examine the effectiveness of economic diplomacy in contributing to Australia’s exports and inflow of foreign investment. The government’s economic diplomacy agenda guides a substantial portion of the activity of the Australian Government Department of Foreign Affairs and Trade (DFAT). With the collaboration of DFAT, the project will develop a dataset to capture characteristics of Australia’s diplomatic sector, export and foreign di ....Economic Diplomacy and National Prosperity. This project aims to examine the effectiveness of economic diplomacy in contributing to Australia’s exports and inflow of foreign investment. The government’s economic diplomacy agenda guides a substantial portion of the activity of the Australian Government Department of Foreign Affairs and Trade (DFAT). With the collaboration of DFAT, the project will develop a dataset to capture characteristics of Australia’s diplomatic sector, export and foreign direct investment ; use a gravity model to identify the determinants of trade and investment through diplomacy for Australia; and estimate the benefits to specific export industries. The project aims to also inform DFAT’s resource allocation, risk management and to assist advocacy in the public domain on trade and investment issues.Read moreRead less
Trade and investment in the face of declining international cooperation. This project aims to investigate the impact and policy implications of trade and investment policies in a world trade system facing increasing uncertainty. The project intends to gain an improved understanding of investment regulations like Investor State Dispute Settlement (ISDS) agreements and their impact on trade and foreign direct investment. Expected outcomes include new theories for the breakdown of international agr ....Trade and investment in the face of declining international cooperation. This project aims to investigate the impact and policy implications of trade and investment policies in a world trade system facing increasing uncertainty. The project intends to gain an improved understanding of investment regulations like Investor State Dispute Settlement (ISDS) agreements and their impact on trade and foreign direct investment. Expected outcomes include new theories for the breakdown of international agreements and their effects on third world countries as well as empirical methods that allow for a quantification of the welfare and employment effects of investment policies like ISDS. This project should provide benefits by informing government policy makers to improve Australia’s trade and investment policies.Read moreRead less
Setting Priorities for Services Trade Reform. Services could be a deal maker in the Doha Round of trade negotiations, and Australia has much to gain if developing countries can be persuaded to make commercially meaningful commitments to liberalise services trade. Australia will also gain if the economies of the region are strengthened through regulatory reform. And Australia can gain from further regulatory reform at home. To these ends, the project will provide new understanding of regulatory b ....Setting Priorities for Services Trade Reform. Services could be a deal maker in the Doha Round of trade negotiations, and Australia has much to gain if developing countries can be persuaded to make commercially meaningful commitments to liberalise services trade. Australia will also gain if the economies of the region are strengthened through regulatory reform. And Australia can gain from further regulatory reform at home. To these ends, the project will provide new understanding of regulatory best practice that will reveal the priorities for services trade reform. Read moreRead less
South Asian and East Asian economic integration and Australia: strategies for Asian regional cooperation. Australia has a vital interest in India's rise, its impact on South Asia's development and its integration with South and East Asia. The limited knowledge and the thinness of the intellectual base and institutional connections that would allow us to manage our interests in this event effectively mean that Australia is not yet well positioned to influence the forces and the thinking that will ....South Asian and East Asian economic integration and Australia: strategies for Asian regional cooperation. Australia has a vital interest in India's rise, its impact on South Asia's development and its integration with South and East Asia. The limited knowledge and the thinness of the intellectual base and institutional connections that would allow us to manage our interests in this event effectively mean that Australia is not yet well positioned to influence the forces and the thinking that will drive the process. Moving to explore the phenomenon of South Asia's development and aspirations in Asia and globally, is now a priority for Australia as other economies move to take up the opportunities that are unfolding from this development. This is a ground-breaking project that will address these deficiencies.Read moreRead less
Embedded emissions accounting: frameworks for trade in a net-zero world. This project aims to inform Government on potential accounting frameworks for greenhouse emissions embedded in tradable products. Public frameworks are urgently needed given the emergence internationally of trade-related climate policies such as carbon border adjustment mechanisms. The project expects to contribute to global knowledge on embedded emissions frameworks by combining economic, engineering, science and policy pe ....Embedded emissions accounting: frameworks for trade in a net-zero world. This project aims to inform Government on potential accounting frameworks for greenhouse emissions embedded in tradable products. Public frameworks are urgently needed given the emergence internationally of trade-related climate policies such as carbon border adjustment mechanisms. The project expects to contribute to global knowledge on embedded emissions frameworks by combining economic, engineering, science and policy perspectives. Expected outcomes include improved: capability within Government; understanding among Australian stakeholders; and integration with international approaches. Expected benefits include lower regulatory barriers to global emissions reductions, and fairer access to international markets for Australian producers. Read moreRead less
International coalitions for climate change mitigation: the role of carbon market linkages and trade restrictions. This project uses cooperative game theory, implementation theory and agent-based modelling to investigate how coalitions to reduce greenhouse gas emissions could be formed and maintained among countries. Applications include the role of carbon market linkage and trade policy, in countries of the Asia-Pacific region.
Sustaining India's economic transformation: challenges, prospects and implications for Australia and the Pacific region. India's emergence from economic stagnation is beginning to have a profound impact on the world economy, including Australia. This project aims to investigate the sources of India's growth and the reforms needed to ensure that growth generates reductions in poverty and ensures equity and political stability.
The efficiency of the global patent system. This project will be the first study in the world to combine a new international patent database with more in-depth local information from Australia, Japan, US, Europe and Chinese Asia (China, Taiwan). The patent system should be globally consistent; simple and cost effective to use; parsimonious in the grant of monopoly rights; and provide a level playing field for all inventors. Existing empirical evidence indicates that the patent system is current ....The efficiency of the global patent system. This project will be the first study in the world to combine a new international patent database with more in-depth local information from Australia, Japan, US, Europe and Chinese Asia (China, Taiwan). The patent system should be globally consistent; simple and cost effective to use; parsimonious in the grant of monopoly rights; and provide a level playing field for all inventors. Existing empirical evidence indicates that the patent system is currently inefficient and this has negative effects on our Research and Development sector.Read moreRead less
Sins of the Fathers - The Role of Reputation in Capital Market Integration and the Choice of Exchange Rate Regime. This project investigates, theoretically and empirically, how past and present reputation for monetary policy credibility influences a country's choice of exchange rate regime and its ability to borrow internationally in domestic currency. The inability of emerging market countries to borrow in domestic currency is an important source of global financial instability, and the study c ....Sins of the Fathers - The Role of Reputation in Capital Market Integration and the Choice of Exchange Rate Regime. This project investigates, theoretically and empirically, how past and present reputation for monetary policy credibility influences a country's choice of exchange rate regime and its ability to borrow internationally in domestic currency. The inability of emerging market countries to borrow in domestic currency is an important source of global financial instability, and the study contributes to an understanding of how policymakers can better facilitate the process of international financial integration. By introducing new advances in the theory of reputation into models of exchange rate crises and examining lessons from Australian financial history, the research brings a fresh perspective to existing analyses of financial crises.Read moreRead less