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It is Time for a New Regional Compact!

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  • Richard Curtain
  • Ryan B Edwards
  • Massimiliano Tani
  • Glenn Withers

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.

Suggested Citation

  • Richard Curtain & Ryan B Edwards & Massimiliano Tani & Glenn Withers, 2022. "It is Time for a New Regional Compact!," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 55(2), pages 281-289, June.
  • Handle: RePEc:bla:ausecr:v:55:y:2022:i:2:p:281-289
    DOI: 10.1111/1467-8462.12468
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    References listed on IDEAS

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