Managing the End of Australia's China Resources Boom

Arndt-Corden Department of Economics

Event details

ACDE Seminar

Date & time

Tuesday 16 April 2013
2.00pm–3.30pm

Venue

Seminar Room B, Coombs Building, Fellows Road, ANU

Speaker

Ross Garnaut, ANU & University of Melbourne

Contacts

Arianto Patunru or Daniel Suryadarma
61259786 / 61250304
Structural change in China and the inevitable global supply response is bringing the largest boom to its eventual conclusion. After the longest continuous expansion without recession in any country since quarterly accounts have been kept, Australian incomes relative to leading developed countries are higher than they have been for over a century. This paper analyses the origins of the China resources boom and its death through natural causes, and discusses the policy choices that will help to avoid a hard landing and to retain as much as possible of the exceptional prosperity.

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