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Australia: Staff Report for the 2005 Article IV Consultation

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  • International Monetary Fund

Abstract

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, Australia’s economic expansion is now in its 14th year, with growth averaging 3¾ percent owing to a combination of strong job creation and high productivity growth. Growth is expected to rise from 2¼ percent in 2005 to about 3½ percent in the medium term, although this will require continued strong growth in productivity.

Suggested Citation

  • International Monetary Fund, 2005. "Australia: Staff Report for the 2005 Article IV Consultation," IMF Staff Country Reports 2005/331, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/331
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    2. Amin Y. Kamete, 2009. "In the Service of Tyranny: Debating the Role of Planning in Zimbabwe's Urban `Clean-up' Operation," Urban Studies, Urban Studies Journal Limited, vol. 46(4), pages 897-922, April.
    3. David Rosnick & Mark Weisbrot, 2007. "Political Forecasting? The IMF's Flawed Growth Projections for Argentina and Venezuela," CEPR Reports and Issue Briefs 2007-10, Center for Economic and Policy Research (CEPR).
    4. Mr. Erik J. Lundback, 2008. "Medium-Term Budgetary Frameworks - Lessons for Austria from International Experience," IMF Working Papers 2008/163, International Monetary Fund.
    5. Danny Cassimon & Marin Ferry & Marc Raffinot & Bjorn Van Campenhout, 2013. "Dynamic fiscal impact of the debt relief initiatives on african heavily indebted poor countries (HIPCs)," Working Papers DT/2013/01, DIAL (Développement, Institutions et Mondialisation).
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    8. Danny Cassimon & Marin Ferry & Marc Raffinot & Bjorn van Campenhout, 2017. "Dynamic Fiscal Impact of The Debt Relief Initiatives on African Highly Indebted Poor Countries (HIPCs)," Working Papers hal-01489613, HAL.
    9. Sunyoung Noh & Jai S. Mah, 2011. "The Patterns of Japan’s Foreign Direct Investment in China," China Report, , vol. 47(3), pages 217-232, August.
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    11. Ramcharan, Rodney, 2007. "Does the exchange rate regime matter for real shocks? Evidence from windstorms and earthquakes," Journal of International Economics, Elsevier, vol. 73(1), pages 31-47, September.
    12. Jai S. Mah, 2007. "Export Promotion Policies and Economic Development of China," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 10(1), pages 23-38, March.
    13. repec:ilo:ilowps:483583 is not listed on IDEAS
    14. International Monetary Fund, 2006. "Germany; Selected Issues," IMF Staff Country Reports 06/436, International Monetary Fund.
    15. Goulding, Kristine., 2013. "Gender dimensions of national employment policies : a 24-country study," ILO Working Papers 994843093402676, International Labour Organization.
    16. World Bank, 2007. "An Assessment of the Investment Climate in Botswana : Volume I, Main Report," World Bank Publications - Reports 7093, The World Bank Group.
    17. Cheng, Hui Fang & Gutierrez, Margarida & Mahajan, Arvind & Shachmurove, Yochanan & Shahrokhi, Manuchehr, 2007. "A future global economy to be built by BRICs," Global Finance Journal, Elsevier, vol. 18(2), pages 143-156.
    18. Dewhurst John & Kerwat Jamal & Molana Hassan, 2010. "Viability of Keeping a Fixed Exchange Rate in an Oil Exporting Country: Some Results for Libya from a Computable General Equilibrium Model," Review of Middle East Economics and Finance, De Gruyter, vol. 5(3), pages 24-45, February.
    19. Brause, Alexander, 2008. "Foreign exchange interventions in emerging market countries: New lessons from Argentina," W.E.P. - Würzburg Economic Papers 79, University of Würzburg, Department of Economics.
    20. Ana María Jul, 2006. "Off-Budget Operations: Report," IDB Publications (Working Papers) 23838, Inter-American Development Bank.

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