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The Australia in World Affairs series commenced in 1950 and provides a continuous, researched scholarly account of Australia's foreign policy. The tenth volume, Australia in World Affairs 2001–2005: Trading on Alliance Security, is defined by the events of 11 September 2001, which brought security to the forefront of Australian foreign policy. Canberra entered a controversial Free Trade Agreement with Washington in 2005, exemplifying the move from multilateralism to bilateralism in foreign economic relations. In response to the experience of coalition warfare in Afghanistan and Iraq, decisions were made to equip the Defence Force with the capacity to operate in remote theatres. But at a time of uncertain US-China rivalry, Australia was also faced with the problem of managing the growing strategic power of Beijing, reconciling security concerns with the fact that China's sustained rapid economic growth increasingly underwrote the strong performance of the Australian economy.
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