Australia:Selected Issues
Release Date: © September, 2005
ISBN
: 978-1-45187-652-9
Stock #: 1AUSET2005001
Languages and formats available
English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
Paperback | Yes | ||||||
Yes | |||||||
ePub | Yes | ||||||
Mobipocket | Yes |
Description
This Selected Issues paper reviews how Australia's economy has adapted to a flexible Australian Dollar. The paper provides a background on the float and the initial policy challenges. It discusses the main elements of the Future Fund proposal, and estimates how much Australia and other countries in the Asia-Pacific region would gain from greater financial integration. The results suggest that these welfare gains are large, giving an argument in favor of a progressive capital account liberalization across the region, once the needed supporting measures are in place.
Taxonomy
Economic policy , Economic sectors , Exchange rate policy , Foreign exchange , Pensions , Public sector , Social policy
More publications in this series: IMF Staff Country Reports