China's Exports and Growth and Major East Asia Summit Economies - Exploring Regional Impact and Policy Responses. The project benefits Australia's current long-term economic priorities and engagement with Asia in five ways. It provides: (1) collaborative research with East Asia Summit (EAS) networked experts on topics of mutual interest, (2) a new perspective on the effects of China on EAS4 trade and growth, (3) substantive improved findings on EAS4 economic and trade policy options, (4) signifi ....China's Exports and Growth and Major East Asia Summit Economies - Exploring Regional Impact and Policy Responses. The project benefits Australia's current long-term economic priorities and engagement with Asia in five ways. It provides: (1) collaborative research with East Asia Summit (EAS) networked experts on topics of mutual interest, (2) a new perspective on the effects of China on EAS4 trade and growth, (3) substantive improved findings on EAS4 economic and trade policy options, (4) significant inputs to analysis, debates and negotiations in the recently proposed EAS free trade agreement (FTA), and (5) useful applications to Australia's similar bilateral FTAs under negotiation (e.g., Australia-Korea and Japan FTAs).Read moreRead less
Exchange Rates and Commodity Prices in a Volatile Business Environment. In recent years, many Australian companies have been hurt by the large movements in the value of the Australian dollar, by their inability to forecast these movements, and by deficiencies of their hedging strategies to deal with foreign-exchange risk. This project will develop an alternative way of forecasting the $A in real time using a new methodology, based on purchasing power parity, that shows much promise. Additional ....Exchange Rates and Commodity Prices in a Volatile Business Environment. In recent years, many Australian companies have been hurt by the large movements in the value of the Australian dollar, by their inability to forecast these movements, and by deficiencies of their hedging strategies to deal with foreign-exchange risk. This project will develop an alternative way of forecasting the $A in real time using a new methodology, based on purchasing power parity, that shows much promise. Additionally, an innovative way to analyse gold prices will be further developed, which when combined with the $A forecasts, offers a potentially valuable method of hedging foreign exchange and commodity price risk faced by Australian gold producers.Read moreRead less
Economic Aspects of Wool in Western Australia. Over the past 15 years, the wool industry in WA has gone from bust to boom.. This project develops a general equilibrium model to analyse the impact of the world economic conditions on the wool industry and the WA economy in general. We will also investigate the reasons for the systematically lower wool prices in Fremantle and the interactions between Australian wool prices and exchange rates. The results will enhance understanding of the industry, ....Economic Aspects of Wool in Western Australia. Over the past 15 years, the wool industry in WA has gone from bust to boom.. This project develops a general equilibrium model to analyse the impact of the world economic conditions on the wool industry and the WA economy in general. We will also investigate the reasons for the systematically lower wool prices in Fremantle and the interactions between Australian wool prices and exchange rates. The results will enhance understanding of the industry, and offer insights as to how it might be made less volatile in the future by providing valuable information to woolgrowers and policy makers.Read moreRead less