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TRADE POLICY DECODED - New podcast launched!

podcast

International Trade (IIT) and the Australian Centre for International Trade and Investment (ACITI) are pleased to announce the launch of our Podcast Trade Policy Decoded – a podcast that shines a light on what’s happening in trade policy in Australia and around the world.

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Europe and Africa: Interests and values must be aligned with mutual respect

Russia Africa

Prof. Dr. Stefan Liebing is CEO and owner of Conjuncta GmbH, Prof. Dr. Andreas Freytag is Professor at the Friedrich Schiller University Jena
Russia’s invasion of Ukraine sharply escalated the incipient global contest for influence between the West and authoritarian powers. Africa, historically a stronghold of European influence, is one arena. Why aren’t African leaders supporting the international rule of law by moving to isolate Russia? In this article the authors argue that Europe needs to de-emphasise values and do more to elevate African trade and investment needs to the top of their engagement with Africa.

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Quantifying the impact of Chinese coercion on key Australian commodity exports

Commodity Exports Image

Mike Adams former Department of Foreign Affairs and Trade (DFAT) economist, Ron Wickes former Director of the Trade Analysis Section of DFAT consider recent analyses of the costs of Chinese economic coercion to Australian exports. Whereas some argue those were relatively minor and easily absorbed, in their view the costs have been substantially higher than hitherto appreciated. Understanding the true costs has important implications for calibrating bilateral trade strategy towards China.

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Sustainability in European Union Trade Policy

Sustainability in European Union Trade Policy

30 June, 2023. The Jean Monnet Centre of Excellence hosted its inaugural seminar on Sustainability in European Union Trade Policy. The EU’s trade policy sets out to support a transformation of its economy and help foster global sustainable development. This can substantially influence global trade and investment and serve as an instrument to attain climate neutrality.

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Seminar: Sustainability in European Union Trade Policy

EU

The Jean Monnet Centre of Excellence invites you to its inaugural seminar on Sustainability in European Union Trade Policy.
The EU’s trade policy sets out to support a transformation of its economy and help foster global sustainable development. This can substantially influence global trade and investment and serve as an instrument to attain climate neutrality.

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Carbon Tax Creep Beyond Industrial Goods: Challenges and Risks for Extending Coverage to Agriculture

Carbon Tax

Tim Ryan is completing a Masters in International Trade and Development at the University of Adelaide, and is Manager of Global Trade Development at Meat & Livestock Australia. 
Governments around the world are implementing emissions reduction policies to mitigate the impact of global warming, however the application of climate policies will occur at different speeds and depth due to varying levels of development and degrees of ambition. There are inherent dangers from unilateral expansion of carbon tax regimes, not least protectionism, hence this brief argue for a cautious and multilateral approach to carbon taxation.

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Standing up to Chinese economic coercion: Is Australia a model of economic resilience?

China

WORKING PAPER 13
Contrary to some prior research findings, the economic costs to Australia of China’s economic coercion are high. Unfortunately, while the bilateral mood music is improving resetting relations may not be possible, nor likely, as both countries pursue economic diversification from the other. Yet there is much to be gained from a calibrated shift in trade and investment relations, notwithstanding the hostile geopolitical environment. Australia needs to establish a 10-15 years strategy for where it wants the relationship to be, and like every other country in the region, negotiate its differences with China.

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Markets are moral by default – what about governments?

Scales

Andreas Freytag, Professor and Chair of Economic Policy, Friedrich Schiller University, Jena, and Visiting Professor with IIT
The German law on corporate due diligence in supply chains, also known as the Sustainable Supply Chain Law, has now been in force for four months. Similar laws in other countries have a longer history. Overall, efforts by Western lawmakers to regulate domestic companies and encourage, if not require, compliance with human rights, labour, and environmental standards along their entire value chain are picking up steam. 

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Jean Monnet Centre of Excellence in Trade & Environment

No Planet B

The University of Adelaide, through its Institute for International Trade, has established the Jean Monnet Centre of Excellence in Trade and Environment. Funded by the EU’s Erasmus Plus programme, the COE will work across the University, including its Environment Institute and Institute for Sustainability and Resources, to catalyse research into linkages between international trade and the environment. The COE will also emphasise stakeholder and community engagement to raise awareness of these linkages.

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What to expect from June’s China-Africa Economic and Trade Exhibition

Photo Credit: patrice6000

Dr. Lauren Johnston is a Visiting Senior Lecturer, Institute for International Trade, Adelaide University and Associate Professor, China Studies Centre, University of Sydney. As Australia’s trade relations with China are being reset, both countries are simultaneously pursuing diversification opportunities. For China, Africa is an important source of minerals and agricultural commodities that could rival Australia. In this article Lauren Johnson reports on an important forthcoming event that aims to take China-Africa trade relations to the next level.

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