Description |
1 online resource (47 pages) |
Series |
IMF country report ; no. 10/331 |
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IMF country report ; no. 10/331.
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Contents |
I. What Explains the Resilience of the Australian Economy?; Figures; 1. Resilience to the Crisis; 2. Exchange Rate and Financial Market Developments; 3. A Healthy Banking System; A. The Mining Boom and Beginning of Exit from Stimulus; 4. The Re-Emergence of Inflationary Pressures; 5. Withdrawing Monetary Stimulus; II. Outlook and Risks; Boxes; 1. Increasing Ties with Emerging Asia and Australia's Growth Potential; III. What is the Right Pace of Exit from the Policy Stimulus?; A. Monetary Policy; 2. The Potential Impact on Australia of the European Sovereign Debt Turbulence |
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B. Fiscal Policy6. Exit from Fiscal Stimulus; 7. Comparison of Fiscal Outlook; IV. How Should the Mining Boom be Managed?; 3. Fiscal Pressures from Ageing and Rising Health Care Costs; 4. Australia's Tax Policy Reform; V. How to Maintain Financial Stability and Address Banks' Domestic Vulnerabilities?; 8. Household Vulnerabilities; VI. Addressing External Vulnerability; 9. External Vulnerability; VII. Staff Appraisal; 5. Australia's Equilibrium Real Effective Exchange Rate; Tables; 1. Selected Economic Indicators, 2007-11; 2. Fiscal Accounts, 2005/06-2014/15; 3. Balance of Payments, 2005-09 |
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4. Balance of Payments in U.S. Dollars, 2005-095. Medium-Term Scenario, 2008-15; 6. Indicators of External and Financial Vulnerability, 2005-09; Appendix; I. Unwinding Crisis-Related Monetary Policy Measures; II. Financial Sector Assessment Program (FSAP): Key Recommendations of the 2006 FSAP and Update on the Progress of Implementation; III. Main Recommendations of the 2009 Article IV Consultation; IV. External Debt Sustainability, Bound Tests; Contents; I. Fund Relations; II. Statistical Issues; V. Draft Public Information Notice |
Summary |
1. Australia was one of the few advanced economies to escape recession in 2009 (text figure). This reflected growing links with Asia, including strong demand for commodities from China and India, a prompt and significant macro policy response to the global crisis, a healthy banking sector, and a flexible exchange rate (Table 1, Figure 1) |
Notes |
Title from PDF title page (IMF Web site, viewed November 18, 2011) |
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"October 2010." |
Subject |
International Monetary Fund -- Australia
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SUBJECT |
International Monetary Fund fast |
Subject |
Economic indicators -- Australia
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Debts, External -- Australia
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Debts, External
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Economic history
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Economic indicators
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Economic policy
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SUBJECT |
Australia -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85009585
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Australia -- Economic policy
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Subject |
Australia
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Form |
Electronic book
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Author |
International Monetary Fund.
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ISBN |
1283569469 |
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9781283569460 |
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9781455263783 |
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1455263788 |
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9781455208333 |
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1455208337 |
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