‘Welcome to my website …
I’m an independent economist, speaker, company director
and Vice-Chancellor’s Fellow at the University of Tasmania’

The Global Economy

Australia may be an island continent, but it is no more immune to global economic influences than are other countries which share physical borders with their nearest neighbours. Australia is very much exposed to global swings in commodity prices, and to fluctuations in major advanced economies and (increasingly) to business cycles in key emerging economies such as China. Australia’s financial markets are increasingly integrated with the their global counterparts. And Australian economic policy-makers cannot ignore changes in monetary, fiscal and other economic policy settings in the world’s major economies. Hence, an awareness of trends in the global economy is an essential element of understanding Australian economic conditions.

Germany’s economic and political generals are fighting the wrong war

Publications, The Global Economy | 25th November 2011

Op-ed article published in the Melbourne Age and Sydney Morning Herald newspapers, 25th November 2011

Europeans and Americans don’t run the world economy any more, and shouldn’t automatically run the IMF

Publications, The Global Economy | 24th May 2011

Op-ed article published in the Melbourne Age and Sydney Morning Herald newspapers, 24th May 2011

Is the US Dollar in Danger of Losing its Reserve Currency Status?

The Global Economy | 3rd July 2009

Presentation to the International Conference of Commercial Bank Economists (ICCBE) in Munich, Germany, 3rd July 2009

The difference between a recession and a depression

The Global Economy | 23rd November 2008

An essay which began as an answer to a question put to me by my then boss, “what’s the difference between a recession and a depression”, during the darkest period of the Global Financial Crisis, and which was subsequently picked up by The Economist.

The Emergence of Oil Producers as Net International Creditors – Possible Implications for the Global Financial System.

The Global Economy | 22nd June 2006

Paper presented to the International Conference of Commercial Bank Economists (ICCBE), Milan, Italy, 22nd June 2006


Speaking Engagement | Boardroom Advisory | Commissioned Report | Expert Witness

Saul Eslake online presentation

“You are the best economic thinker in the country hands down”

Sheryle Bagwell, recently retired Senior Business Correspondent (and sometime Executive Producer),
ABC Radio National Breakfast

“Just want to congratulate you Saul on the unbelievably good set of slides you just presented, possibly the best I have ever seen. You have set the bar very high.”

Dr Joe Flood, Adjunct Fellow, RMIT University, Pandemicia

“Thank you very much for your excellent presentation for the Economic Society today. It is always a great pleasure to hear your eloquent, up-to-date and comprehensive talks.”

Andrew Trembath, economist, Victorian and Australian Government agencies

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What Others Say

“You are one of the best at what you do in the world”
Gail Fosler, Chief Economist, The Conference Board, New York, December 2002

“I have never known an economist to have such a knowledge of world economic facts and to be able to bring to bear so much information in answering a question without notice”
Charles Goode, Chairman, ANZ Bank, July 2009

“Saul Eslake is … a highly regarded independent economist with the highest degree of integrity"
John Durie, Columnist, The Australian, July 2009

“… one of the few people in this world who can have so many oranges up in the air at the same time but still manage to catch them"
Andrew Clark, journalist, Australian Financial Review, November 2008

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