My latest Interpreter piece:

The government must reconsider its tax on the Pacific’s poorest.

Pacific labour mobility workers in the horticulture industry lose nearly $10,000 of their superannuation to the Australian Tax Office when they return home.

lowyinstitute.org/the-interprete…

New CEPR paper with Salim Chaine & Guilherme Suedekum on the effects of IMF programs on borrowing costs

1/ We study the effects of #IMF program size on yield of bonds issued before and after IMF arrangements.

Let's dive in.

A short 🧵with links below

NEW: my column this week is about the coming vibe shift, from Boomers vs Millennials to huge wealth inequality *between* Millennials.

Current discourse centres on how the average Millennial is worse-off than the average Boomer was, but the richest millennials are loaded 💸🚀

Industrial policies can skew global trade, leaving developing nations on the sidelines. The Lowy Institute Rob Walker & Hilman Palaon delve into the potential consequences, from heightened economic competition to challenges in cooperative efforts (climate c) lowyinstitute.org/the-interprete…

A strong replenishment of the Asian Development Bank’s grant financing arm — the Asian Development Fund — would serve the #Pacific well, write Roland Rajah and Alexandre Dayant.
lowyinstitute.org/the-interprete…

New funding commitments for the grant-financing window of the Asian Development Bank are anticipated in May. Roland Rajah and I advocate for a strong replenishment for its role in promoting development effectiveness, fostering multilateralism and aligning w/ key #Pacific development priorities

24 megaprojects, 8 #ASEAN countries, $77 billion - but $50 billion yet to show up on the ground. The scale of #China 's ambition is unmatched, but its delivery is challenged by political instability, weak stakeholder consultation + clean energy transition.

interactives.lowyinstitute.org/features/mind-…

New analysis of 24 BRI infrastructure mega projects in SE Asia.

Alexandre Dayant & Grace Stanhope find a $50B gap in what China promises & what it has delivered.

Explore the new The Lowy Institute analysis ‘Mind the Gap’👇

interactives.lowyinstitute.org/features/mind-…

Mind the gap: China’s megaproject promises fall short of reality in Southeast Asia | Grace Stanhope, Alexandre Dayant ift.tt/UohJX02

#China has become #SoutheastAsia ’s largest infrastructure financing partner. Yet there is an enormous gap between what Beijing promises and what it has actually delivered, amounting to more than $50 billion in unfulfilled project financing.

New The Lowy Institute Podcast! Richard Baldwin joins us to explore the intersection of globalisation & robotics, and its effects on developing economies. Dive into the disruptive world of 'globotics' in the labor market & the public policies needed to adapt lowyinstitute.org/publications/d…

🎧NEW PODCAST: In the latest episode of Development Futures, Alexandre Dayant sits down with Richard Baldwin to discuss the impact of 'globotics' on the international labour market, the public policies needed assist displaced workers and much more.
lowyinstitute.org/publications/d…

Come and join us in IPDC at the The Lowy Institute! It is a great team and interesting work.

JOB ALERT! Join us at The Lowy Institute as a Research Assistant focusing on development issues in the #Pacific , including the Pacific Aid Map. This is a fantastic opportunity to work on interesting topics and have a real impact. Please share widely! lowyinstitute.org/about/careers

The Indo-Pacific needs a dedicated bank that enhances economic security in the pursuit of climate and development goals, write the The Lowy Institute's Chell Lyons, Roland Rajah and Grace Stanhope.
lowyinstitute.org/the-interprete…

Great idea by The Lowy Institute Chell Lyons Roland Rajah Grace Stanhope to achieve supply chain diversification/ resilience in the #IndoPacific while pursuing more ambitious climate action & reinvigorating progress on international development: an IPEF Bank lowyinstitute.org/the-interprete…

Big challenges require big ideas. My colleagues and I propose the world needs a new kind of multilateral bank. One built to pursue the intersecting challenges of economic security, climate, & development. 🧵👇

How can we enhance economic security in the Indo-Pacific while pursuing climate and development goals? Roland Rajah, Grace Stanhope and I think the answer is creating a modern multilateral bank under IPEF. Read more: lowyinstitute.org/the-interprete… Summary 🧵⬇️

Insightful piece by Grace Stanhope The Lowy Institute, analysing Gender equality financing in Southeast Asia. Despite data limitations, it's evident that countries with the highest need don't receive a proportionate high share of Gender development finance lowyinstitute.org/the-interprete…

Not much detail yet but a new $2 billion Australian clean energy & infrastructure facility for SE Asia is a good outcome & shows the right kind of ambition.

Thanks to Stephen Dziedzic for including comments from me in his article breaking the news.

abc.net.au/news/2024-03-0…