Shared learnings: Indonesia's and Australia's current account balances

Blake Ford, Luky Alfirman and Ferry Irawan
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Blake Ford: Treasury, Government of Australia
Luky Alfirman: Indonesian Ministry of Finance
Ferry Irawan: Indonesian Ministry of Finance

Economic Roundup, 2015, issue 1, 1-17

Abstract: This paper highlights how, through a long process of reforms, Australia has improved the stability of its external position while also running a persistent CAD. Indonesia can also continue to promote stability and economic growth more broadly through further structural reforms that would liberate it from short-term management of its CAD.

Keywords: current account; structural reform (search for similar items in EconPapers)
JEL-codes: F32 F41 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:tsy:journl:journl_tsy_er_2015_1_1

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