The aim of this research area is to study the fundamental economic, social and technological changes that are recasting the global economy, and to develop effective policy responses to them.

The Victoria Institute of Strategic Economic Studies (VISES), within ISILC and incorporating the Victorian Energy Policy Centre, is a multidisciplinary group that conducts core research in this area.

We provide the knowledge base for the development of effective policy responses to key issues the world is facing in:

  • health
  • education
  • human capital
  • dynamics of cities and regions
  • quality of the environment
  • level of equality in the distribution of resources and endowments.

Policy research aims

This program aims to apply economics in strategic long-term decision making in the following areas:

  • The impact of investment in health and human capital, especially in low and middle income countries, as a step towards generating the funding necessary to achieve the SDGs by 2030.
  • Key aspects of climate change and of rapidly emerging renewable technologies, as well as the policy and practice of adequate responses to these challenges.
  • Integrating these elements into new development strategies, vitally necessary now for nations comprising more than half the world’s population.

Partners & collaborators

Health

  • United Nations Population Fund (UNFPA)
  • United Nations International Children’s Emergency Fund (UNICEF)
  • World Health Organization (WHO)
  • US Chamber of Commerce (USCC)
  • Johns Hopkins University 
  • APEC Business Advisory Council (ABAC)
  • APEC Life Sciences and Innovation (LSIF)
  • WorkSafe Victoria
  • FIA Foundation
  • Fred Hollows Foundation

Climate change, energy policy & practice (including VEPC)

  • Department of Environment, Land, Water and Planning (Victoria)
  • Bushfire and Natural Hazard CRC,
  • Department of Transport (Victoria)
  • Rail Manufacturing CRC

New development strategies 

  • Ford Foundation
  • Australian Centre for International Agricultural Research (ACIAR) 
  • United Nations International Children’s Emergency Fund (UNICEF)

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