The sector has so far proved itself resilient to external economic forces.
Articles on Global economy
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There has been a rebalancing of global trade dynamics with wide-ranging consequences for international business.
The elimination of the Business and Human Rights team strips US companies of critical guidance just as new international laws raise the stakes.
Households and economists are holding their breath.
The global economic system is not set up for the good of all.
The escalating US-China trade war leaves everyone worse off. A collective effort to restore the global trading system is urgently needed.
Joining us from Washington DC is Warwick McKibbin, an internationally renowned economic modeller from the ANU whose services are now in high demand.
The targeting of the FDIC could dangerously erode its ability to manage financial crises, like the one that occurred in 2008.
Trump’s tariffs have redirected billions of dollars in exports originally bound for the U.S. to other markets.
China’s vast middle class is now changing its values, aspirations and consumption habits in an era of much slower economic growth – dubbed ‘garbage time’.
To date, projections of how climate change will affect global GDP have been massively underestimated.
The shock of US tariffs could strengthen regional trading blocs.
Other countries are watching closely and making their own plans for bitcoin.
Building a circular economy is critical because wasted materials and energy not only damage the environment, but are also growing increasingly scarce and expensive.
Other countries – including Australia – won’t be able to simply look away and hope for the best. For better or worse, markets and the world must now adapt to the return of Donald Trump.
As the US looks further inwards, the rest of the world must learn to work together and forge new routes to prosperity and climate goals.
Pragmatism fuels the country’s innovative strategy.
Trump has a poor track record on trade, inflation and taxes but the area of biggest economic concern if he is re-elected president would come from his rejection of climate change.
Over the past 15 years, the world has seen a financial crisis, the rise of populist politics and a fracturing of the world economic order. Sounds all a bit pre-WWII, right?
For the past half century, successive US governments have championed free trade. But do they practice what they preach?
Top contributors
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Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Head, Department of Sustainability, Rochester Institute of Technology
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Senior Lecturer in Economics | Freelance Consultant, Sheffield Hallam University
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Dean of Business School, University of Southern Queensland
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Scientia Professor of Economics, UNSW
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Honorary Research Fellow, City Political Economy Research Centre, City St George's, University of London
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Doctoral Researcher in Economic History, Lund University
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Emeritus Professor of Finance, The University of Melbourne
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Professor of Economics, Griffith University
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Assistant Professor of Economics, University of California, Merced
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Lecturer East Asian and International Political Economy, University of Bristol
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Professor of Chinese Economic History (Emeritus), University of Nottingham
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Senior Economist, IMD World Competitiveness Center, International Institute for Management Development (IMD)
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Tony Walker AM is a Friend of The Conversation.
Director, La Trobe University
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Visiting Faculty in Economics, Emory University
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Professor of Political Economy, University of Sheffield