It is Time for a New Regional Compact!

Richard Curtain, Ryan Edwards (), Max Tani and Glenn Withers ()

Australian Economic Review, 2022, vol. 55, issue 2, 281-289

Abstract: We outline the case for Australia to adopt a ‘New Regional Compact’ focusing on working with its Pacific Island neighbours and Timor‐Leste through improved labour mobility and skilling as a complement to foreign aid and development assistance. We examine the distinctive context and evidence for this approach, related policy settings and possible ways forward. Embedded in this shift is a necessary move from a short‐term focus on temporary migration, skills shortage, and limited‐term aid programs, to long‐term foundational policies that can be a permanent feature of Australia's policy ecosystem and that of its neighbours.

Date: 2022
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https://doi.org/10.1111/1467-8462.12468

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