Distinguished Fellow of the Economic Society of Australia, 2005: Peter Lloyd

This paper surveys the writings of Peter Lloyd, one of Australia's bestknown economists, who has been elected Distinguished Fellow of the Economic Society of Australia. It notes the importance of his work, mostly done jointly with Herbert Grubel, on intra-industry trade, and his extensive contributions to trade theory. In addition there have been many papers on the global trading system and regionalism, and on the Australian and New Zealand economies. It describes his approach to economics and his many professional activities.