Australian policymakers face competing economic and strategic priorities. Increasingly, Australia’s economic future is closely tied to relations with its East Asian neighbours. However, at a regional level it has simultaneously found it difficult to achieve the policy outcomes it would like – largely because of the growing competition among the regional forums, which are supported by rival powers, in particular the US and China. For middle powers, like Australia, the G-20 grouping may offer a platform to achieve greater influence in the global economy.

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Author: Mark Beeson, South African Institute of International Affairs