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Three global forces could disrupt Australia’s trajectory to 2050

The Australian Financial Review (AFR) •
October 21, 2026 • 06:00 PM
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While there are many enhancements available in domestic policy, none rival the challenges of economic statecraft to maintain ties with both China and the US.

Three global forces could disrupt Australia’s trajectory to 2050

Bracketed between the tech-wreck recession in the United States in 2000 and a new Middle East war in 2026, the last quarter-century of the world economy was seldom free of calamity.

Yet despite three US recessions, two global growth downturns, slowing growth in China, the Euro crisis, global pandemic and many bloody conflicts, the world economy performed remarkably well over the last 25 years.

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