Strategic capitalism, geoeconomics and Australia’s choices

As market-based economic globalisation gives way to a system of state relations based largely on strategic capitalism, the Australian government seems to be using an outdated operating system. The demise of the multi-lateral, rules-based and open world will pose problems that demand imagination, innovation and deft and agile policy and diplomacy. In this environment Australia has a difficult course to chart.

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The US role in the world: a new normal

President Trump has pursued a different vision of the US’s role in the world – one which has had an undeniable impact on relations with allies and competitors alike, and has reshaped perceptions of the US as a global actor. A robust debate over its future global role has ensued. US allies like Australia should be paying close attention, because whether or not Trump wins re-election, the US will not be able to resume some quasi-mythical past role, and the world will need to adjust to a new normal.

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The strategic consequences of the coronavirus crisis

Bruno Tertrais proposes a provocative list of trends might be exacerbated or accelerated by the COVID-19 crisis. The list begs the tantalising question of how each of these trends might impact on the progress and direction of the others. How might the decline of globalisation affect the rise in authoritarianism and the risk of conflict? How might sovereignism and isolationism retard responses to the ecological and climate crises of the Anthropocene?

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