In this lecture Ian Macfarlane attempts to answer the question of what is different about this financial crisis from the seven previous crises of the deregulated era, that is the past thirty years. In doing so, he views the subject from a global as well as an Australian perspective- The Lowy Institute for International Policy
Ian Macfarlane was Governor of the Reserve Bank of Australia from 1996 to 2006, and inaugural Chairman of the Council of Financial Regulators. Prior to joining the Reserve Bank, he had worked at Monash University, the Institute for Economics and Statistics at Oxford University, and at the OECD in Paris. Since leaving the Reserve Bank, he has served on several Australian public company boards, been a member of the International Advisory Board of Goldman Sachs, and become a Professorial Fellow at Melbourne University and Melbourne Business School.
Mr Macfarlane was elected a Fellow of the Academy of Social Sciences in Australia and has been the recipient of honorary doctorates from five Australian universities. In 2006 he delivered the Boyer Lectures. He has been a director of the Lowy Institute since its inception.
The Lowy Lecture was inaugurated in 2005 by the Prime Minister of Australia, the Honourable John Howard MP. Professor Robert Oâ€™Neill AO delivered the 2006 lecture and Robert McCredie, Lord May of Oxford OM AC KT FRS delivered the lecture in 2007.