Policy Monographs

Policy Monographs (PM) are pieces directly commenting on government policy, new programs or legislation.
Categories
Future Funds or Future Eaters? The Case Against a Sovereign Wealth Fund for Australia
This paper considers the arguments for and against greater use of a sovereign wealth fund in Australia. It argues that the existing Future Fund is unnecessary and that greater use of a sovereign wealth... Read More
Bubble Poppers: Monetary Policy and the Myth of ‘Bubbles’ in Asset Prices
The monograph considers some of the practical problems that are likely to be encountered in implementing an activist approach to asset prices. These difficulties help explain why historical attempts to... Read More
Capital Xenophobia II: Foreign Direct Investment in Australia, Sovereign Wealth Funds, and the Rise of State Capitalism
Stephen Kirchner offers a timely analysis of Australia’s foreign investment regime and gives his ideas on how to improve this critical ingredient for Australia's prospective stability, prosperity, and... Read More
The Faulty Arguments Behind Australia's Corporate Tax
In Australia, the primary function of taxation is to finance government spending. Its secondaryobjectives relate to influencing social and economic outcomes, resource allocation, consumptionpatterns, the... Read More
Reforming Central Banking
This book is about which monetary institutions and monetary regimes are most likely to promote price stability. Read More
Corporate Control, Economic Efficiency and Shareholder Justice
This book is an examination of the theoretical background and economics of the market for corporate control. Read More
Capital Xenophobia: Australia's Controls of Foreign Investment
An early study by the CIS which supported the lifting of controls on foreign investment in Australia. Read More

