AUSTRALIA Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

September 12, 2005

Electronic Access:

Free Full text (PDF file size is 1084 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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.

Series:

Country Report No. 05/330

Subject:

English

Publication Date:

September 12, 2005

ISBN/ISSN:

9781451802078/1934-7685

Stock No:

1AUSEA2005001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

42

Please address any questions about this title to publications@imf.org