OECD economic surveys Australia 2018. Australia 2018.
Australia's long span of positive output growth continues, demonstrating the economy's resilience. In the absence of negative shocks, policy rates should start to rise soon, as wage growth and price-inflation pick up. Fiscal discipline will nevertheless still be required to bring balances...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
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Paris :
OECD Publishing
[2018]
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| Colección: | OECD Economic surveys (Series)
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704825006719 |
Tabla de Contenidos:
- Intro
- Basic statistics of Australia
- Executive Summary
- Key Policy Insights
- Macroeconomy: a good near-term outlook but risks remain
- Monetary policy, housing and financial markets: emerging from the low-interest rate environment
- Policy-rate normalisation will ease tensions
- Vigilance and policy action are still required on mortgage debt and housing
- High-profile cases of misconduct in the financial sector have emerged
- Fiscal policy: deficit reduction continues
- Completion of "budget repair" is on the horizon
- Progress on tax reform but room for more Efficiency in public services is increasingly important
- Transport, urban environments and utilities: substantial ongoing challenges
- A major push to improve urban transport infrastructure is underway
- Urban environments would benefit from governance and land-use reform
- Some underlying energy sector problems have yet to be resolved
- Progress but also remaining challenges in ensuring access to low cost-high speed ICT
- Skills: evolving to new needs
- Inclusiveness: scope to narrowing gaps remains
- Business policies: ensuring strong competition and boosting innovation Framework conditions: scope for improving market functioning remains
- Targeted policy for business: a focus on innovation continues
- Environmental policy: challenges in climate change and biodiversity
- CO2 emissions remain high
- Climate-change policy: clarity and stability are key
- Biodiversity needs greater priority in decision making
- References
- Thematic chapter
- Thematic chapter
- Chapter 1. Benefitting from globalisation and technological change
- Introduction
- Technological change and globalisation have raised material living standards. but have also been a source of structural change and disruption
- Job polarisation and changes in the demand for skill
- Australian jobs have not become more precarious
- Australia has been quite resilient despite structural change
- The rise in income inequality has slowed
- Income poverty has declined but certain groups face a high risk
- Welfare and activation policies to help workers face change
- Further improving services and outcomes for jobseekers
- Facilitating job transitions of displaced workers
- Further reducing the gender gap in labour-force participation Raising excellence and equity in education and skills
- Boosting access to early education further
- Raising excellence and equity in schools
- Stabilising VET
- Challenges in rapidly expanding higher education
- Better information for decision making in education
- Harnessing digital technologies for education
- Potential for remote communities
- Overcoming barriers to digital-technology solutions more generally
- Strengthening adaptability to globalisation and technological change in metropolitan areas
- Governance: strengthening direction and efficiency
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