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Australia’s response to Chinese economic coercion: towards a comprehensive strategic approach to export diversification

Shipping Yard

Mike Adams, former Department of Foreign Affairs and Trade (DFAT) economist. Ron Wickes, past Director of the Trade Analysis Section of DFAT, Nicolas Brown headed DFAT’s branch for analysis and strategic advice on trade and economic issues. 
On a range of measures, Australia’s exports have become more concentrated on China since 2000. Yet geopolitical tensions, intensified by China blocking key Australian exports over the past two years, has fuelled a debate over export diversification to reduce vulnerability to economic coercion. This policy brief argues that much of the debate misses key facts about Australia’s economic options, and argues for economic reform and regional cooperation to support diversification.

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CELIS Forum on Investment Screening (CFIS) 2022

Pictured left to right:  Professor Steffen Hindelang, Dr Lena Hornkohl, Dr Naoise McDonagh

1st - 3rd June 2022, IIT’s Dr Naoise McDonagh was invited to present at the 2022 CELIS Institute Annual Forum on Investment Screening. CFIS 22 is Europe's first and foremost forum to discuss questions on investment screening and security. It serves to enhance the Institute's analytical capacity and facilitate the shaping of common approaches. A marketplace of ideas, CFIS 22 brings together EU officials, national experts, diplomats, academics, business leaders, think tankers, and representatives of civil society and the media from across Europe and beyond.

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Services: The DNA of e-commerce

The DNA of e-commerce

Lee Tuthill visiting Fellow, The University of Adelaide, Institute for International Trade. Lee worked at the WTO from 1990 to 2021, where she specialized in GATS, telecommunications/ICT, emerging technologies and digital trade. Just as DNA is the key that unlocks the development and functioning of an organism, a whole host of services contribute to the development of e-commerce and how it functions as an ecosystem.

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Improving border adjustment mechanisms

Gas emissions

WORKING PAPER 09
Despite several attempts and significant progress, broad agreement on the most appropriate way to manage conflicts between international trade and environmental issues has yet to emerge. Consequently, this paper begins with a search for a set of principles to guide the use of border adjustment mechanisms to ameliorate global environmental problems or, as economists call them, global externalities.
Ten principles are developed, and then applied to the European Union's current CBAM design, and recommendations for improving that design are put forward. As this CBAM is rooted in the EU's Emissions Trading System, broad recommendations for aligning the ETS with the principles are also offered.

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The Russia-Ukraine War, Sanctions, and the G20's Relations with Russia

Economy Growth

Wednesday, 4th May 2022 .The Institute for International Trade (IIT) and the G20-related Trade and Investment Network (TIRN) hosted an interactive webinar on The Russia-Ukraine War, Sanctions, and the G20’s Relations with Russia. The West answered the invasion of the Ukraine by Russian troops with swift and unprecedented sanctions, which addressed both the political nomenklatura and the economy. 

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The Role of SME's in Services Trade & the Potential for SME development

November 5th, 2020. Industry Professor Jane Drake-Brockman presented at the Conexión INTAL event by Instituto para la Integración de América Latina y el Caribe (INTAL), Inter-American Development Bank (IDB). This years focus was about Knowledge-Based Services (SBC) and their potential for the economic development of the region through international trade.

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Update on the CPTPPA Agreement

World

Tuesday 12 April, 2022. The Institute for International Trade, in the School of Economics and Public Policy, was delighted to host Elisabeth Bowes, First Assistant Secretary in the Department of Foreign Affairs and Trade, to update us on the process and issues pertaining to the CPTPP expansion, as well as the general progress of the agreement. 

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India-Australia Free Trade Deal Offers Australia First Mover Advantage in the World’s Fastest Growing Economy

Reforming industrial subsidies

Natasha Jha Bhaskar, General Manager of Newland Global Group, a Sydney-based Australian corporate advisory firm specialising in the Australia-India space. AI ECTA is India’s first deal with a developed economy in a decade and only a second trade deal in a span of eleven years. It is indicative of how Australia’s bilateral relationship with India has grown in leaps and bounds recently, particularly since the elevation of ties to a Comprehensive Strategic Partnership (CSP) in 2020.

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Policy Roundtable: Economic Coercion and International Trade: the nature of the challenge and policy response options

Wednesday 30th March, 2022. Arbitrary instances of economic coercion by state actors have become frequent in recent years, undermining multilateral norms and rules. Liberal democracies are increasingly concerned over the systemic quality of such coercion, and are debating and designing possible policy responses on how to respond while maintaining a stable international trading system. Event report by Dr Naoise McDonagh, Institute for International Trade.

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Swedish Perspectives on the Green Transition

Swedish Perspectives

30 March 2022. Presented by Deputy Head of Mission Per Linnér. Hosted by Institute for International Trade, Jean Monnet Centre of Excellence. Deputy Head of Mission Per Linnér provided a presentation titled ‘Swedish Perspectives on the EU’s Green Transition’. The presentation first provided an overview of the key forces driving Sweden’s political positioning and policy-making on green economy development, noting the powerful societal and grassroots origins of Swedish environmentalism that is energised by a strong sense of urgency to resolve climate change.

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