Reconstruction: A Lowy Institute Paper: Penguin Special

What kind of future do Australians have?

Until the coronavirus pandemic, nearly two-thirds of Australians had never experienced an economic slump in their working lives. Indeed, nearly half were not yet born when the Australian economy last tipped into recession. Creating a path for Australia through these difficult times requires a careful assessment of where we have come from, where we are, and where we are going.

This book, by one of Australia’s leading economic voices, examines the fractured state of the global economy and financial system, the ailing US economy and its epic contest with China, the global economic order, and what it all means for us.