For the first time, we apply the wavelet coherence methodology on biofuels (ethanol and biodiesel) and a wide range of related commodities (gasoline, diesel, crude oil, corn, wheat, soybeans, sugarcane and rapeseed oil). This way, we are able to investigate dynamics of correlations in time and...

In this paper, we analyze the relationships between biodiesel, ethanol and related fuels and agricultural commodities with a use of minimal spanning trees and hierarchical trees. To distinguish between short term and long term effects, we construct the trees for different frequencies (weekly,...

In this paper, we analyze the relationships between the prices of biodiesel, ethanol and related fuels and agricultural commodities with a use of minimal spanning trees and hierarchical trees. To distinguish between short-term and medium-term effects, we construct these trees for different...

Pacific open ocean fisheries are classic examples of the tragedy of the commons where a lack of defined ownership results in competitive overexploitation by multiple parties. Such circumstances exist over most Pacific seas beyond site of land due to scarce monitoring resources. Voluntary...

For all its history, Australia has been dependent upon a major power for security. Before federation, the colonies looked to Britain. That attitude continued until World War II. Britain was then unable to defend us, and Australia was vulnerable. Strategic dependence upon a major power was in the...

In 2013, the Rudd Labor Government introduced a new version of the ‘Pacific Solution’ to Australia's ‘problem’ with increasing numbers of asylum-seekers arriving by boat. The new version not only included the transfer of asylum-seekers to Nauru and Manus Island in Papua New Guinea, it...

Chinese development assistance in the Pacific has attracted increasing attention since the 1st China-Pacific Island Countries Economic Development and Cooperation Forum in 2006, at which China announced US$492 million in concessional loans to the region. Another US$1 billion in concessional...