Australia: Selected Issues

International Monetary Fund

No 1999/001, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; Australia; deficit; wage; crisis country; stability reason; merchandise export; MULTIMOD framework; GST revenue; inflation expectations bias; Unemployment rate; Inflation; Current account deficits; Unemployment; Current account; Australia and New Zealand; Asia and Pacific; Southeast Asia; Global (search for similar items in EconPapers)
Pages: 90
Date: 1999-02-18
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Citations: View citations in EconPapers (2)

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