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Big opportunities

09 July 2015

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Renée Fry-McKibbin is a Professor in the Centre for Applied Macroeconomic Analysis (CAMA) at Crawford School of Public Policy at The Australian National University. She is the Co-Director of the Finance and Macroeconomy Research Program, the Commodities and the Macroeconomy Research Program and the COVID-19 and the Macroeconomy Research Program within CAMA. She is a Research Associate of the Research Project in Forecasting at George Washington University, the Norwegian Centre for Macroeconomic and Petroleum Analysis (CAMP), and formerly at the Cambridge Finance and Policy (CFAP) at the University of Cambridge (2008-2012). In 2018 she was elected Fellow of the Academy of Social Sciences. Editorial responsibilities include Editor of the Economic Record and Associate Editor at the International Review of Economics and Finance and Finance Research Letters. She has been a visiting scholar or consultant to the European Central Bank, the Federal Reserve Bank of Atlanta, the International Monetary Fund, the Bank of England, the Department of Prime Minister and Cabinet, the Federal Treasury, AUSAID, the New Zealand Treasury and the Reserve Bank of New Zealand. In 2014-2018 she was Associate Dean (Research) in the ANU’s College of Asia and the Pacific. She completed her Ph.D. in Economics at the University of Melbourne in 2002.

Renée has published widely in econometrics, mainly focusing on developing statistical frameworks or tests to model international financial market and macroeconomic linkages. She focuses on the transmission of financial market crises, the effects of international shocks, often originating in the commodities sector and improving macroeconomic modeling using structural vector auto-regression models. Her key publications are in the Journal of Business and Economic Statistics and the Journal of Economic Literature. She was awarded an Australian Research Council Discovery Project to examine Australia’s resilience to Recession in 2020.

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Crawford School’s Professor Renee Fry-McKibbin has been successful in this week’s ARC funding announcements.

The ARC Linkage programs aim to help build partnerships between researchers and industry, government and community organisations as well as the international community.

Professor Fry-McKibbin, Associate Dean Research in the ANU College of Asia and the Pacific, will lead a new research program which will examine the effectiveness of economic diplomacy in contributing to Australia’s export and inflow of foreign investment.

In collaboration with the Department of Foreign Affairs and Trade (DFAT) the project, titled Economic Diplomacy and National Prosperity will develop a dataset to capture characteristics of Australia’s diplomatic sector, export and foreign direct investment.

The project aims to inform DFAT’s resource allocation, risk management and to assist advocacy in the public domain on trade and investment issues.

“I am very excited to team up with DFAT to look at the issue of economic diplomacy and to understand the contribution that Australia’s presence in foreign countries makes to our economic wellbeing,” Professor Fry-McKibbin said.

“It is a good thing for DFAT to try to understand how this process works, as it will be a useful input into decisions about where best to locate our diplomatic resources in order to best help Australians do business internationally.”

Professor Fry-McKibbin, of the Centre for Applied Macroeconomic Analysis at Crawford School, researches macroeconomic modelling, models of financial market crisis and contagion currency market intervention and commodity economics time series analysis.

The project will receive funding of A$110,000 and will be undertaken over a two year period.

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