Australia: Selected Issues

February 18, 1999

Preview Citation

Format: Chicago

Australia: Selected Issues, (USA: International Monetary Fund, 1999) accessed December 22, 2024

Summary

This Selected Issues paper and Statistical Appendix focuses on two analytical approaches for judging whether the current account for Australia is sustainable. The paper implements the first approach, by asking how Australia’s net external liability position is likely to evolve over time, based on assumptions of future growth and interest rates. The paper implements the second approach by exploring the implications of a model of optimal external borrowing and lending. The main conclusions are also discussed in the paper.

Subject: Balance of payments, Current account, Current account deficits, Inflation, Labor, Prices, Unemployment, Unemployment rate

Keywords: Asia and Pacific, Australia, Australia and New Zealand, CR, Crisis country, Current account, Current account deficits, Deficit, Global, GST revenue, Inflation, Inflation expectations bias, ISCR, Merchandise export, MULTIMOD framework, Southeast Asia, Stability reason, Unemployment, Unemployment rate, Wage

Publication Details

Pages:

90
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/001
Stock No:

1AUSEA0011999
ISBN:

9781451801958
ISSN:

1934-7685

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