Dr Stephen Grenville AO

Nonresident Fellow
Areas of expertise

Regional economic integration; Australia's economic relations with East Asia; international financial flows and the global financial architecture; financial sector development in East Asia

Dr Stephen Grenville AO
Biography
Publications

Dr Grenville is a Nonresident Fellow at the Lowy Institute. He works as a consultant on financial sector issues in East Asia. Between 1982 and 2001 he worked at the Reserve Bank of Australia, for the last five years as Deputy Governor and Board member. Before that, Dr Grenville was with the Organisation for Economic Co-operation and Development in Paris, the International Monetary Fund in Jakarta, the Australian National University and the Department of Foreign Affairs.

How to win the war: some valuable lessons from history
Commentary
How to win the war: some valuable lessons from history
Comparison with wartime sacrifices might put the necessary inconveniences into perspective. Nonresident Fellow Stephen Grenville writes on COVID-19. Originally published in…
The World After COVID
Analyses
The World After COVID
How will the COVID-19 pandemic change the world? Lowy Institute experts provide their analysis.
The World After COVID‑19
Interactives
The World After COVID‑19
  How will the coronavirus pandemic change the world? Lowy Institute experts provide their analysis.
Helicopter money’s unearned popularity
Commentary
Helicopter money’s unearned popularity
Originally published in the Official Monetary and Financial Institutions Forum.
The balance between medicine and economics
Commentary
The balance between medicine and economics
Lowy Institute Nonresident Fellow Stephen Grenville asks if the policy response to Covid-19 strikes the right balance in the debate between epidemiologists and…
Lockdown: A dilemma for the economic optimists
Lockdown: A dilemma for the economic optimists
The severe containment measures needed to combat Covid-19 are squashing the upbeat forecasts of just a few weeks ago.
The government's bazooka is biggest, not the RBA's
Commentary
The government's bazooka is biggest, not the RBA's
Lowy Institute Nonresident Fellow Stephen Grenville evaluates the RBA's response to COVID-19. Originally published in the Australian Financial Review.
Vital to focus on fiscal policy as recession inevitable
Commentary
Vital to focus on fiscal policy as recession inevitable
It goes without saying that the medical response to the pandemic should have the highest policy priority ... On the economics of the pandemic, initial reactions have been…
The RBA's job is to back banks, not bail out gamblers
Commentary
The RBA's job is to back banks, not bail out gamblers
It’s quite a while since I was at the Reserve Bank, but one of my tasks there was to draft replies to letters received. So let me try my hand at responding to Christopher Joye’s …
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