Category: International trade
In this edition of the Data Wrap we take a look at key data releases over the past couple weeks that provide insight into the recent performance of the South Australian economy. Topics include the latest labour market report, building approval activity and performance in merchandise exports.
Strong labour market conditions in South Australia over the […]
The South Australian services sector contributes more to exports than is revealed by trade statistics. As such, a policy environment that encourages competitiveness in the services sector will also improve our export competitiveness.
In 2016/17, South Australian services sector contributed nearly 60 per cent of the state’s Gross State Product (GSP) and more than three-quarters of […]
Last week we explored a reader’s question in relation to the recent pattern of South Australia’s overseas exports of cereal and meat. Today we consider a further question raised by the reader in relation to the state’s overseas export performance: what drove a temporary surge in South Australia’s merchandise exports to China in 2013/14?
The value […]
In our recent July 2017 Economic Briefing Report we noted that there had been a decline in the value of South Australia’s overseas exports of food and live animals, driven by reductions in exports of cereals and cereal preparations and meat and meat preparations (despite these falls exports remained at a strong level). A reader […]
The modest improvement seen in merchandise exports in February has continued to strengthen in March, with the value of South Australia’s overseas goods exports up 18 per cent compared to March 2016. However, due to the significant falls in exports in the middle of last year, overseas goods exports in the 12 months to March […]
Paul Kerin appeared on Alan Jones’ radio program yesterday making the case for free trade and the need to improve governance arrangements that would help ensure that future Free Trade Agreements deliver more of the considerable benefits that are potentially available. This follows on from the article that 7 leading economists (including former Industries Assistance […]
There is an atmosphere of cautious waiting in the Brussels air. Major elections to come in France, Germany, as well as here in the Netherlands. But already some very worrying first drops start to come down. A very undecided ‘State of the Union’ speech by European Commission President Jean-Claude Juncker succeeded in the goal of […]
Although last week’s taxation decision by the European Commission (EC) was widely anticipated, the €13bn size of the Apple ruling last week caused a shockwave within the European Union (EU) as well as between the EU and the US. As a university professor at the start of the academic year, the Apple case provides for […]
I was honoured to be one of the economists who put their names to a major feature in today’s Australian, titled “Free trade mythology”. Despite the title, we are very much pro free trade – but we call for a number of reforms to our trade negotiation and communication governance processes and a renewed emphasis on […]
A few weeks ago, the EU extended its sanctions against Russia for another 6 months. However, some days before that move Russia had already extended its sanctions on the EU for one and a half years. So, this fight is turning out to be a battle of wills or, better, a War of Thrones. Currently, […]