Australia; 2005 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion

This 2005 Article IV Consultation highlights that Australia has implemented wide-ranging structural reforms and strengthened the frameworks for monetary and fiscal policies over the past two decades. As a result, Australiaâ€™s economic expansion is now in its 14th year, with growth averaging 3Â¾ percent owing to a combination of strong job creation and high productivity growth. Growth is expected to rise from 2Â¼ percent in 2005 to about 3Â½ percent in the medium term, although this will require continued strong growth in productivity.

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Year of publication:	2005-09-12
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Economic growth \| Economic indicators \| Economic reforms \| Staff Reports \| Terms of trade \| external debt \| current account deficit \| current account \| domestic demand \| reserve bank \| commodity prices \| current account balance \| balance of payments \| external liabilities \| net external debt \| net external liabilities \| trade gains \| external shocks \| unemployment rate \| public debt \| export prices \| external financing \| employment growth \| net debt \| international standards \| nominal interest rate \| prudential regulation \| government debt \| tariff rates \| competition policy \| import prices \| national competition policy \| balance of payment \| debt sustainability \| national competition \| export growth \| debt statistics \| external debt statistics \| domestic currency \| reserve assets \| external debt sustainability \| trade liberalization \| world demand \| external borrowings \| debt stock \| budget balance \| low debt \| total external debt \| public finances \| debt ratio \| short-term debt \| debt service \| oil prices \| fiscal gap \| gross capital formation \| domestic shocks \| global supply \| export price \| central bank \| private debt \| multilateral trade \| global markets \| public sector debt \| budget projections \| foreign currency debt \| net private debt \| trade barriers \| multilateral trade liberalization \| free trade agreements \| fiscal stabilizers \| external liability \| import price \| private sector borrowing \| free trade \| bilateral free trade \| private external debt \| external position \| global competition \| domestic economy \| regulatory framework \| debt dynamics \| currency risks \| fixed investment \| nominal interest rates \| exogenous shock \| exchange rate fluctuations \| private sector borrowings \| general resources account \| investor confidence \| bilateral free trade agreements \| tariff protection \| long-term debt \| trade in services \| barriers to competition \| export performance \| debt-equity \| producer price index \| trade agreements \| currency risk \| export sector \| debt servicing \| currency debt \| output growth \| multilateral process

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/331 5 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005599095