The COVID-19 pandemic has turbocharged world history while ravaging global populations. From digital transformations of work and education, to development, clinical testing and distribution of new vaccines in unprecedented timeframes, adapting to the virus has driven structural shifts at...

Financialization describes the turn to speculative asset trading that has become increasingly central to economic life in recent decades. Critics argue this has occurred at the expense of the “real economy,” referring to production and trade. Critics further argue that finance’s normal...

Critical political economists on the Left regard the 2008 Global Financial Crisis as a symptom of long-term structural issues threatening global capitalist reproduction. Building on that view, a number of studies have argued that global capitalism will collapse in the coming decades. The three...

The debate on the ‘end of neoliberalism’ is founded upon a conceptual weakness that tends to be replicated with analysis applying the concept of ‘capitalism’. Both concepts are often used in a totalizing fashion, whereby the entire global system of national economies are lumped together...

The original China ‘engagement strategy’ was grounded in the assumption that WTO membership would turn China into a liberal market economy. Today the engagement strategy is viewed as having failed, with China’s largest trading partners viewing Beijing as a systemic rival. Yet, a...

For its members, including Australia, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is an important pillar for ensuring a rules-based, market-orientated trade environment in East Asia and the broader Indo-Pacific region. However, without the United States...

The role of the state and market-distorting state intervention in the global economy have come increasingly to the fore in recent times, in large part as reaction to China’s rise to becoming the second largest world economy, and a direct competitor with developed economies across many sectors....