20 Mar 2017
This week’s readings highlight the important role of economic policies across diverse markets.
- Australia’s capacity for economic reinvention through peaks and troughs has helped it record 25 years* of growth. (The Economist)
- Ahead of the G20 meeting, IMF Managing Director Christine Lagarde acknowledges the global economy is strengthening - but adds there has rarely been a period when policy choices have mattered more for what comes next. (IMF Blog)
- Indian PM Modi campaigned successfully for his party’s election win in Uttar Pradesh – India’s largest state, with a population larger than Brazil. With greater state support, the national government is expected to better push for economic reform.
- Vietnamese decision-makers are focussed on improving quality in order to avoid the middle-income trap. Business Envoy focuses on modern Vietnam in its March edition.
- East Asia Forum lists challenges and opportunities from a trade agreement between Indonesia and Australia.
- The March edition of Efic’s Export Monitor focuses on Australia’s agricultural exports.
- The most recent International Visitor Survey shows spending by international visitors to Australia grew more than 35 per cent over the last three years.
*Readers of the Austrade Economics blog will be aware Australia is now in its 26th consecutive year of growth.