We identify the frontier between safe and unsafe assets and show how the growth rate of the economy and its fiscal capacity interact with differences of opinion amongst investors to determine the safe asset equilibrium. Multiple equilibria emerge in our set-up due to strategic complementarities across counterparties, and the safety of the bond depends on...

Australia is facing an “investment gap” in agricultural research and development, according this paper, which argues that current levels of investment are insufficient to address the challenges faced by the agricultural sector.

This publication provides summary data on both Australia's trade and investment relationships with the Group of Twenty (G20) members as well as G20 members' trade with the world. Introduction The Group of Twenty (G20) comprises 19 major economies plus the European Union. It is a forum for international economic cooperation and in 2014 continues its...

This submission was provided to the Joint Standing Committee on Foreign Affairs, Defence & Trade to inform them on the context of private sector engagement in the Pacific island region. Summary of key points Private sector growth is a key contributor to alleviating poverty Interventions to promote growth must promote inclusivity and minimise risks associated...

This report underlines the critical importance of ensuring that Australia has a robust corporate regulatory system under the stewardship of a strong and effective regulator.