Australia : Selected Issues.

Australia's large external deficits appear sustainable. There are, however, risks associated with the resulting external debt that need continued careful management. These deficits, which largely reflect high investment rather than low saving, should be sustainable as long as the Australian eco...

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Podrobná bibliografie
Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2006.
Edice:IMF Staff Country Reports; Country Report ; No. 2006/373
On-line přístup:Full text available on IMF
Popis
Shrnutí:Australia's large external deficits appear sustainable. There are, however, risks associated with the resulting external debt that need continued careful management. These deficits, which largely reflect high investment rather than low saving, should be sustainable as long as the Australian economy, especially its exports, grow strongly. The associated accumulation of foreign liabilities nonetheless leaves the country exposed to shocks, but these risks appear to be well managed. Australia's fiscal policy appears to be broadly consistent with guidelines for fiscal management in the face of commodity price swings.
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Fyzický popis:1 online resource (30 pages)
Médium:Mode of access: Internet
ISSN:1934-7685
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