Australia: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Australia
Volume/Issue:
Volume 2008
Issue 312
Publication date: September 2008
ISBN: 9781451802191
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Banks and Banking , Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , ISCR , CR , rate , inflation pressure , deficit , reserve bank of Australia , RBA move , commodity price boom , vis nonresident , equilibrium level , Inflation , Commodity prices , Currencies , Terms of trade , Global
Also of interest
Summary
The Article IV Consultation discusses that recently a commodity price boom, driven by robust global demand, has pushed the Australian economy up against capacity constraints. Banks are adjusting the structure of their funding in response to the turmoil, increasing liquidity, and lengthening the maturity of their funding. Executive Directors considered that the sound macroeconomic framework should permit Australia to weather the global downturn and contain inflationary pressures. They encouraged the authorities to take advantage of the positive macroeconomic performance to advance structural reforms.
Copyright © 2010 - 2025
Powered by:
AIDC
