Australia: 2002 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

This 2002 Article IV Consultation highlights that despite the synchronized slowdown in the rest of the world in 2001, the Australian economy has continued to grow strongly. This performance reflected the absence of major imbalances in the economy, an aggressive easing of monetary policy, fiscal poli...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2002
Schriftenreihe:IMF Staff Country Reports Country Report No. 02/201
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Zusammenfassung:This 2002 Article IV Consultation highlights that despite the synchronized slowdown in the rest of the world in 2001, the Australian economy has continued to grow strongly. This performance reflected the absence of major imbalances in the economy, an aggressive easing of monetary policy, fiscal policy stimulus, and a competitive exchange rate. Real GDP has risen at an average annual rate of 33⁄4 percent since end-2000. With underlying inflation pressures muted and the uncertainty about the depth and duration of the global slowdown, monetary policy was highly supportive of growth
Beschreibung:1 Online-Ressource (46 p)
ISBN:145180198X
9781451801989

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