Detail Everybody Needs Good Neighbours; Petri-dish Economies   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 399 no. 8727 (Apr. 2011), page 63-65. Topik: Many Countries; Commodities Trading; Economic Policy; Global Economy Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.65 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Australia is a bellwether for other rich commodity exporters such as Norway, where the terms of trade have improved by 38% since 2004, Canada and New Zealand. How long will the commodity boom last? Demand, especially in China and India, should continue to strengthen as these countries require more steel, food and fuel. However, some of that demand may be unsustainable, argues Warwick McKibbin, an outside member of the RBA's rate-setting board. Policymakers in some emerging economies have been too reluctant to tighten monetary policy in advance of America's Federal Reserve, he points out. This monetary ease showed up quickly in flexible commodity prices, but has yet to feed through into the price of other goods, such as manufactures, many of which Australia imports. When these stickier prices eventually rise, Australia's terms of trade will deteriorate, even if they do not go back to 2003-04 levels. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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