| Description |
1 online resource (62 pages) : illustrations (some color), charts |
| Series |
IMF Country Report ; Number 11/300 |
|
IMF country report ; no. 11/300.
|
| Contents |
Cover; CONTENTS; THE RECOVERY AND THE MINING BOOM; OUTLOOK, RISKS, AND SPILLOVERS; BOXES; 1. House Price Assessment; THE NEAR-TERM MACROECONOMIC POLICY MIX; HOW TO MAKE THE MOST OF THE MINING BOOM OVER THE MEDIUM TERM?; A. Medium-Term Fiscal Policy; 2. Budgetary Institutions Supporting Fiscal Consolidation; B. Tax and Structural Reforms; 3. Carbon Pricing and the Emissions Trading Scheme; HOW TO SAFEGUARD FINANCIAL SECTOR STABILITY?; 4. Australia's Large Banks; ASSESSING EXTERNAL VULNERABILITY; 5. Australia's Equilibrium Real Effective Exchange Rate; STAFF APPRAISAL; FIGURES |
|
1. A Recovery Driven by Commodities2. Trade and the Balance of Payments; 3. Rising Inflationary Pressures; 4. Financial Market Indicators; 5. A Mildly Restrictive Monetary Stance; 6. On the Path to Consolidation; 7. Comparison of Fiscal Outlook; 8. Banking System Developments; 9. Household Vulnerabilities; 10. External Vulnerability; TABLES; 1. Selected Economic Indicators, 2008-12; 2. Medium-Term Scenario, 2008-16; 3. Fiscal Accounts, 2007/08-2014/15; 4. Balance of Payments in U.S. Dollars, 2006-16; 5. Balance of Payments, 2006-16; 6. Gross External Debt, 2007-11 |
|
7. Indicators of External and Financial Vulnerability, 2006-10APPENDICES; I. Financial Sector Assessment Program; II. Main Recommendations of the 2010 Article IV Consultation; III. External Debt Sustainability: Bound Test; CONTENTS; ANNEX I. FUND RELATIONS; ANNEX II. STATISTICAL ISSUES |
| Summary |
In this study, Australia's economic performance from the onset of the global financial crisis is discussed. A healthy banking system, flexible exchange rate, and robust demand for commodities from Asia are important for good performance. Although recent global market volatility has increased uncertainty about the economic outlook and tilted risks downward, strong commodity demand from emerging Asia underpins Australia's favorable economic prospects. The importance of tax and structural reforms is emphasized. The Australian Prudential Regulation Authority's plans are used to undertake stress tests incorporating disruptions to funding markets |
| Notes |
Online resource; title from PDF title page (ebrary, viewed September 23, 2014) |
| Subject |
Mineral industries -- Australia
|
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Banks and banking -- Australia
|
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Economic indicators -- Australia
|
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Banks and banking
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Economic history
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Economic indicators
|
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Economic policy
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Mineral industries
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| SUBJECT |
Australia -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85009585
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Australia -- Economic policy
|
| Subject |
Australia
|
| Form |
Electronic book
|
| ISBN |
9781463967819 |
|
1463967810 |
|
