Consequences of water reform and changing farm adaptation in the Basin. This project aims to evaluate the consequences of, and lessons learned from, the past two decades of water reform in the Murray-Darling Basin (MDB). In particular, it will examine the recent economic and farm consequences of water recovery. Australia is over halfway through implementation of the MDB Plan, and has spent over $6 billion in water recovery to achieve basin-wide resilience, with billions more still committed. Pro ....Consequences of water reform and changing farm adaptation in the Basin. This project aims to evaluate the consequences of, and lessons learned from, the past two decades of water reform in the Murray-Darling Basin (MDB). In particular, it will examine the recent economic and farm consequences of water recovery. Australia is over halfway through implementation of the MDB Plan, and has spent over $6 billion in water recovery to achieve basin-wide resilience, with billions more still committed. Project expected outcomes include pioneering new methods to track how MDB irrigation efficiency, productivity and other farm outcomes have changed as a response to water reform. It will also draw lessons from both national and international case studies to consequently inform more effective water management.Read moreRead less
Trade and investment in the face of declining international cooperation. This project aims to investigate the impact and policy implications of trade and investment policies in a world trade system facing increasing uncertainty. The project intends to gain an improved understanding of investment regulations like Investor State Dispute Settlement (ISDS) agreements and their impact on trade and foreign direct investment. Expected outcomes include new theories for the breakdown of international agr ....Trade and investment in the face of declining international cooperation. This project aims to investigate the impact and policy implications of trade and investment policies in a world trade system facing increasing uncertainty. The project intends to gain an improved understanding of investment regulations like Investor State Dispute Settlement (ISDS) agreements and their impact on trade and foreign direct investment. Expected outcomes include new theories for the breakdown of international agreements and their effects on third world countries as well as empirical methods that allow for a quantification of the welfare and employment effects of investment policies like ISDS. This project should provide benefits by informing government policy makers to improve Australia’s trade and investment policies.Read moreRead less