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Paper to NZIIA Seminar ‘Addressing the Global Agenda’, 20 October 2011
Keywords: Globalisation & Trade;
My message today is both simple and troubling.[1] The simple version is that the unipolar world is coming to an end, and is being replaced by a multipolar one. The change reflects a new phase in the globalisation of the world economy, [...]

The Reserve Bank’s cobbled measures got us through the 2008 crisis
Listener: 23 July, 2011.
Keywords: Globalisation & Trade; Political Economy & History;
1878: While Julius Vogel was on a ship to London, the City Bank of Glasgow crashed. The London money market – the financial centre of the world – plunged. Although we were already over-borrowed, Vogel [...]

Some Preparatory Notes: ultimately not used.
Keywords: Globalisation & Trade; Macroeconomics & Money;
I am not sure you have asked the right person to be on the panel, since the topic is policy; my interests are research. So I thought I would consult an old friend, Cassandra. Fortunately I dont have to channel her; she has sent [...]

Wairarapa Institute of International Affairs: 25 May, 2011.
Keywords: Globalisation & Trade;
It is easy thinking about the future by projecting recent trends. But if the past is a foreign country, so is the future . Tonight I am going to paint a scenario of a world economy which will be very different from anything we have [...]

I wrote this to set out my thinking.
Keywords: Globalisation & Trade;
The economics of the world food system in the twenty-first century is likely to be dramatically different from that of the twentieth. In the past, food prices fell relative to manufacturing prices, as manufacturing concentrated in a few rich (mainly North Atlantic but later also [...]

Annual Conference of the Fair Trade Movement; 9 October 2010.
Keywords: Globalisation & Trade;
Economists have spent over two hundred years thinking about how markets work. They have concluded they are not fair but in general they are effective. You get a sense of this by looking at the growth of the world economy over the last [...]

This series of “Listener” columns were an occasional series that arose out of a trip funded by the 2009 NZIER-NBR Economist of the Year Award.
Keywords: Globalisation & Trade; Political Economy & History;
Engaging China: http://www.eastonbh.ac.nz/?p=1220 (26 June 2010)
Will China Rule the World? http://www.eastonbh.ac.nz/?p=1247 (24 July, 2010)
China or Bust: http://www.eastonbh.ac.nz/?p=1257 (7 August, 2010)
The Bottom Line: http://www.eastonbh.ac.nz/?p=1321 (4 [...]

Lessons in how to use an economic surplus.
Listener: 2 October, 2010.
Keywords: Globalisation & Trade; Political Economy & History;
More than one tourist has asked how much it cost to build Beijing’s Forbidden City, a complex of 980 surviving buildings covering three-quarters of a hectare. Better to ignore the monetary cost and think about the resources for [...]

For the 131st AGM of the New Zealand Manufacturers and Exporters Association, 13 September, 2001 in Christchurch. (Revised)
Keywords: Business & Finance; Globalisation and Trade; Growth & Innovation;
This presentation takes place barely a week after the Great Canterbury Earthquake. It is a tribute to the fortitude of those who are here and their ancestors who put [...]

Selling products around the world is much more complicated than it once seemed.
Listener: 4 September, 2010
Keywords: Business & Finance; Globalisation & Trade;
There is no problem understanding why Fonterra exports milk products to China. New Zealand is a very efficient producer of milk, and it sells its large surplus offshore. But why does Fonterra have a [...]