This 2003 edition of OECD's Economic Survey of Australia examines recent economic developements, policies and prospects. The special chapter covers migration.
Table of contents:
Assessment and recommendations I. Recent trends and short-term prospects -Overview -Factors shaping domestic demand -Foreign trade and the current external account -The labour market -Price and wage inflation -The outlook to 2004 II. Macroeconomic policies -The effect of monetary and fiscal policies on long-term economic growth -Macroeconomic policies in the short run -Monetary policy -Fiscal policy -Issues of fiscal sustainability -Progress towards reforming the tax system III. Policies to maintain high output growth -Rapid economic growth was underpinned by strong productivity gains -There was a rapid uptake of information and communication technology… -… but structural reforms have played a key role in raising Australia’s economic potential -Faster growth and the role of labour -The role of skills in the growth process -Going forward -Remaining problems in industrial relations -Labour market assistance -Welfare reform: policies to raise participation -Education and training -National Competition Policy -Financial system reform -Sustainable development in Australia IV. The economic impact of migration in Australia -Introduction -Migration policy -Economic aspects -Impact on output and incomes -Fiscal impacts -Conclusions -Bibliography Annexes -I. Policy issues in periods of declining public debt -II. The new tax system -III. Business tax reform implementation -IV. Some aspects of Australian immigration policy -V. Calendar of main economic events