ASEAN+3 Free Trade Agreement and Its Impact on Australia-Vietnam Trade. The ASEAN+3 (China, Japan and Korea) free trade agreement endorsed by ASEAN Leaders in 2001 poses a serious trade diversion threat to Australia's goods and services trade to ASEAN and North Asia (reaching $33.9b and $85.0b respectively in 2001, see DFAT 2003). No research on this has been done or reported. The project, with Vietnam Institute for Trade collaboration, uses new analytical and empirical approaches to investigate ....ASEAN+3 Free Trade Agreement and Its Impact on Australia-Vietnam Trade. The ASEAN+3 (China, Japan and Korea) free trade agreement endorsed by ASEAN Leaders in 2001 poses a serious trade diversion threat to Australia's goods and services trade to ASEAN and North Asia (reaching $33.9b and $85.0b respectively in 2001, see DFAT 2003). No research on this has been done or reported. The project, with Vietnam Institute for Trade collaboration, uses new analytical and empirical approaches to investigate this FTA and its implications to Australia's trade to a major ASEAN country, namely Vietnam, where 2002 trade reached $2.8b and Australia's global companies (eg. ANZ, Telstra, RMIT) currently have large operation.Read moreRead less
Increasing Globalisation and its Economic Implications. This project will focus on globalisation and its economic implications. We will: (a) propose definitions and measure of the ?degree of globalization", (b) examine its relationship with the degree of uncertainty facing an economy, (c) study the effects of globalisation and uncertainty on productivity growth, (d) examine the effects of uncertainty on the economy and (f) provide empirical applications for the Australian economy. Our project wi ....Increasing Globalisation and its Economic Implications. This project will focus on globalisation and its economic implications. We will: (a) propose definitions and measure of the ?degree of globalization", (b) examine its relationship with the degree of uncertainty facing an economy, (c) study the effects of globalisation and uncertainty on productivity growth, (d) examine the effects of uncertainty on the economy and (f) provide empirical applications for the Australian economy. Our project will provide an important, innovative and comprehensive examination of globalization and its economic effects. In addition to making novel theoretical and empirical contributions, it will also facilitate meaningful analyses of policy issues in Australia.Read moreRead less
China's Exports and Growth and Major East Asia Summit Economies - Exploring Regional Impact and Policy Responses. The project benefits Australia's current long-term economic priorities and engagement with Asia in five ways. It provides: (1) collaborative research with East Asia Summit (EAS) networked experts on topics of mutual interest, (2) a new perspective on the effects of China on EAS4 trade and growth, (3) substantive improved findings on EAS4 economic and trade policy options, (4) signifi ....China's Exports and Growth and Major East Asia Summit Economies - Exploring Regional Impact and Policy Responses. The project benefits Australia's current long-term economic priorities and engagement with Asia in five ways. It provides: (1) collaborative research with East Asia Summit (EAS) networked experts on topics of mutual interest, (2) a new perspective on the effects of China on EAS4 trade and growth, (3) substantive improved findings on EAS4 economic and trade policy options, (4) significant inputs to analysis, debates and negotiations in the recently proposed EAS free trade agreement (FTA), and (5) useful applications to Australia's similar bilateral FTAs under negotiation (e.g., Australia-Korea and Japan FTAs).Read moreRead less
Globalization, WTO and sustainable development: new challenges, opportunities and implications for Australia. Australia is benefiting greatly from opening its economy and encouraging the same in its trading partners, particularly through the World Trade Organization (WTO). A major new challenge is to ensure that the WTO continues to enhance economic welfare by responding to recent criticisms levelled at it by anti-globalization groups. This project will analyse those groups' claims about the eff ....Globalization, WTO and sustainable development: new challenges, opportunities and implications for Australia. Australia is benefiting greatly from opening its economy and encouraging the same in its trading partners, particularly through the World Trade Organization (WTO). A major new challenge is to ensure that the WTO continues to enhance economic welfare by responding to recent criticisms levelled at it by anti-globalization groups. This project will analyse those groups' claims about the effects of trade and investment policy reforms, and of WTO rules and other contributors to globalization, by going beyond the traditional economic effects to examine effects on income distribution, poverty alleviation, the environment, labour, and food safety and security.Read moreRead less
International Trade Policy and the Dynamics of Open Economies. The project is concerned with the relationship between an open economy's international trading conditions and the allocation of resources within the economy, particularly over time (dynamic effects). The trading conditions reflect international markets and governments' trade policies. The dynamic effects upon the economy include the rate of growth, saving and inter-generation welfare. The models developed to study these relationship ....International Trade Policy and the Dynamics of Open Economies. The project is concerned with the relationship between an open economy's international trading conditions and the allocation of resources within the economy, particularly over time (dynamic effects). The trading conditions reflect international markets and governments' trade policies. The dynamic effects upon the economy include the rate of growth, saving and inter-generation welfare. The models developed to study these relationships will link international markets with domestic and future markets in a unified and consistent manner. The outcomes include a better theoretical understanding of these relationships and empirical inter-temporal models for the Australian economy that permit measurement of these dynamic effects.Read moreRead less
International Trade Policy Evaluation, Economic Growth and Demographics. The research will strengthen our understanding of Australia's place in the region and the world. Given Australia's dependence upon international trade, the importance of economic growth and demographic change, the relevance of inter-generation welfare and the challenges arising from globalization and the international trade policy environment, knowledge of the power and implications of international trade policies is crucia ....International Trade Policy Evaluation, Economic Growth and Demographics. The research will strengthen our understanding of Australia's place in the region and the world. Given Australia's dependence upon international trade, the importance of economic growth and demographic change, the relevance of inter-generation welfare and the challenges arising from globalization and the international trade policy environment, knowledge of the power and implications of international trade policies is crucial. This research will provide an analytical framework that will better inform policy makers and analysts and contribute to better understanding of Australia's options and role in the international trade policy arena. The result will be better trade policy choices.Read moreRead less