Migration and foreign direct investment policy complementarity in Australia’s modern history

Crawford School of Public Policy
Photo by Mathieu Stern on Unsplash

Event details

PhD Seminar (Econ)

Date & time

Wednesday 31 August 2022


Barton Theatre and Online via Zoom


Stewart Nixon, Crawford School, ANU


Larry Liu
0410 116 888

Australia’s modern economic development has received significant contributions from both migrants and foreign direct investment (FDI), with or despite migration and FDI policies following contrasting paths and being independently formulated. Using purpose-built quantitative policy indicators capturing the post-war period, two related papers examine the relationships between migration and FDI policies, flows and economic outcomes. The results evidence bidirectional flow complementarity that has increased with policies preferencing a more skilled, diverse and temporary migrant intake, but with mixed economic outcomes. Independent policy formulation has not appeared to maximise complementarity, with migration policy liberalisation biased towards incumbent firms deterring new foreign investors.

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