BLUF

Adjusting to 'tectonic shifts in the global economic order' might be crucial for national resilience and defence—this article critiques both pessimistic and optimistic views on deglobalisation.

Summary

  1. Australia's approach to globalisation reflects American protectionism.
  2. The Treasury Secretary supports government regulation in critical economic activities.
  3. The Future Fund shifts investments home, anticipating increased geopolitical risks.
  4. Opposition now supports government-owned nuclear reactors, marking a policy shift.
READ: Economic diplomacy: Ringfencing the Lucky Country

References