Emerging Asia's Impacton Australian Growth: Some Insights From GEM
Over the last decade, GDP growth in emerging Asia was roughly twice as fast as average world growth. The IMF's Global Economy Model (GEM) is used to estimate the impact that emerging Asia's growth differential has had on Australia. The simulation analysis, which replicates some key feature...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2010
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 10/262 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | Over the last decade, GDP growth in emerging Asia was roughly twice as fast as average world growth. The IMF's Global Economy Model (GEM) is used to estimate the impact that emerging Asia's growth differential has had on Australia. The simulation analysis, which replicates some key features from the last decade, suggests that roughly 25 percent of Australia''s growth over the last decade has been from emerging Asia's growth differential over that period. Looking ahead, the analysis suggests that should emerging Asia continue to grow in a similar fashion, Australia's growth dividend could almost double. On the other hand, if growth in emerging Asia remained strong, but became more balanced across the tradable and nontradable goods sectors then Australia's growth dividend would be slightly lower than the estimate for the last decade |
| Beschreibung: | 1 Online-Ressource (25 p) |
| ISBN: | 1455210692 9781455210695 |
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| spelling | Hunt, Ben Verfasser aut Emerging Asia's Impacton Australian Growth Some Insights From GEM Hunt, Ben Washington, D.C International Monetary Fund 2010 1 Online-Ressource (25 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 10/262 Over the last decade, GDP growth in emerging Asia was roughly twice as fast as average world growth. The IMF's Global Economy Model (GEM) is used to estimate the impact that emerging Asia's growth differential has had on Australia. The simulation analysis, which replicates some key features from the last decade, suggests that roughly 25 percent of Australia''s growth over the last decade has been from emerging Asia's growth differential over that period. Looking ahead, the analysis suggests that should emerging Asia continue to grow in a similar fashion, Australia's growth dividend could almost double. On the other hand, if growth in emerging Asia remained strong, but became more balanced across the tradable and nontradable goods sectors then Australia's growth dividend would be slightly lower than the estimate for the last decade Online-Ausg http://elibrary.imf.org/view/IMF001/11418-9781455210695/11418-9781455210695/11418-9781455210695.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Hunt, Ben Emerging Asia's Impacton Australian Growth Some Insights From GEM |
| title | Emerging Asia's Impacton Australian Growth Some Insights From GEM |
| title_auth | Emerging Asia's Impacton Australian Growth Some Insights From GEM |
| title_exact_search | Emerging Asia's Impacton Australian Growth Some Insights From GEM |
| title_exact_search_txtP | Emerging Asia's Impacton Australian Growth Some Insights From GEM |
| title_full | Emerging Asia's Impacton Australian Growth Some Insights From GEM Hunt, Ben |
| title_fullStr | Emerging Asia's Impacton Australian Growth Some Insights From GEM Hunt, Ben |
| title_full_unstemmed | Emerging Asia's Impacton Australian Growth Some Insights From GEM Hunt, Ben |
| title_short | Emerging Asia's Impacton Australian Growth |
| title_sort | emerging asia s impacton australian growth some insights from gem |
| title_sub | Some Insights From GEM |
| url | http://elibrary.imf.org/view/IMF001/11418-9781455210695/11418-9781455210695/11418-9781455210695.xml |
| work_keys_str_mv | AT huntben emergingasiasimpactonaustraliangrowthsomeinsightsfromgem |