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Mark Crosby

Mark Crosby

Associate Professor of Economics, Monash University
In October 2016 Mark Crosby joined Monash University as the Director of the Bachelor of International Business degree. Mark was attracted to this role because of the chance to build a truly innovative new degree. A new campus was completed in 2015 to support a fully "flipped" teaching approach, and an emphasis on understanding the Asian region is another key strength of this program. Prior to joining Monash Mark spent most of the previous 15 years at Melbourne Business School, with a brief stint in Singapore in 2011 and 2012. At MBS Mark's roles included Associate Dean (International), Associate Dean (Students) and Director of the School's Executive MBA program.

Prior to joining MBS Mark worked as an academic at the University of Melbourne, the University of New South Wales, and at the University of Toronto, and as a Research Officer at the Australian Treasury in Canberra.

His academic interests are in international macroeconomics, with particular interest in policy issues in the Australian and Asian regions. His published research has covered topics such as the role of exchange rates in affecting macroeconomic fluctuations, the impact of macroeconomic factors on election outcomes, and the properties of business cycles.

Mark has acted as a consultant to the Hong Kong Monetary Authority and to the Monetary Authority of Singapore on a number of projects since 1998, and he has an ongoing Research Fellowship position at the HKMA. He also consults widely to business and government both in Australia and overseas. His most recent consultancies have examined policies for diversifying Brunei's economy, and policy issues related to South Africa's increasing current account deficit.

Mark is also a regular contributor to the Australian Financial Review and The Age newspapers, and he is a sought after public speaker on matters relating to the macroeconomy.

What is an inverted yield curve? Why is it panicking markets?

Aug 19, 2019 01:23 am UTC| Insights & Views Economy

Since President Trump tweeted about imposing new tariffs on China, global equity markets have gone into a tailspin. Trumps more recent announcement that the new tariffs would be delayed has not calmed the markets, with...

On rate-cut Tuesday, here are four reasons why the Reserve Bank shouldn't jump

May 07, 2019 03:08 am UTC| Insights & Views Central Banks

Every first Tuesday of every month but January the Reserve Bank Board meets to decide whether to adjust interest rates. It announces its decision at 2.30 pm eastern time. It ought to be an easy decision. Officially, the...

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Economy

Canceled bookings cost hosts to lose thousands of dollars a month

A number of Airbnb hosts in the United States are planning to sell their properties as well as the furnishings they bought to adorn their homes due to the financial fallout from the pandemic. Canceled bookings cost...

Imports of Japanese beer fell 89 percent to $630,000, while Japanese vehicles dropped 59 percent to $62 million

South Korea imported US$249 million worth of Japanese consumer goods in April, down 37 percent from last year, mainly due to backlash from Korean consumers against Japans export restrictions. Imports of Japanese beer...

The country's economy already struggled before it had to deal with the outbreak.

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However, overall exports dipped 1.4 percent in the first quarter.

South Koreas exports of eight new-industry goods in the first-quarter jumped 17 percent from the previous year to $21 billion despite a drop in overall exports. The goods include aviation products and drones, biohealth...

The rise in inequality is attributed to the shrinking wages of low-income households, and a cut down in temporary positions

The income disparity between the top 20 percent and bottom 20 percent of households widened with many of the countrys low-paying jobs being slashed due to the COVID-19 pandemic. The average monthly income of households...

Politics

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Science

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Technology

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Tesla Cybertruck’s size can’t be scaled down, Elon Musk confirms

People who have pre-ordered the Cybertruck should no longer expect its dimensions to get any smaller once it enters production. Tesla CEO Elon Musk settles it and confirms they can no longer make the electric pickup...
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