This paper takes a stocks rather than a flows approach to measuring national prosperity. It examines changes in capital stocks of different kinds in Asian economies, including produced capital, natural capital, human capital and inclusive wealth.

Australia’s foreign investment regime plays an important role in Australia maintaining an open investment environment while providing the Australian community confidence that new investment projects are in the interest of the community. Until 2005, the foreign investment regime treated...

While the importance of services sector in creating value added and employment has been recognized, the role of services as providers of major inputs to production sector are often forgotten and overlooked. This paper stresses the importance of services sector in supporting economic activities...

The paper sets out what has been driving Chinese demand for resources and outlines the main features of the growth of Chinese resource consumption. It explains the impact of Chinese growth on the Australian economy and examines the future of Chinese resource demand. It reviews the potential to...

Australia's recent productivity performance is reviewed and analysed, both in the overall economy and in selected sectors. Future prospects for productivity growth are examined.

We argue that the industry and ownership structure of Chinese ODI is firstly in-line with the country’s own industrial features and secondly mirrored in the investment motives behind. It is found that large Chinese investors are mainly driven by natural resource seeking and strategic...

The paper briefly sets out factors behind Chinese demand for iron ore imports and the main features of China’s medium term resource consumption growth path. It then outlines the potential of major iron ore export countries to meet China’s medium term iron ore import demands. The...

With the reduction of the working-age population and the increase of the population dependency ratio as the main characteristics of the demographic dividend having disappeared, China’s potential growth rate decreases. And our results suggest that demographic dividend contributed to nearly...

This paper provides an evaluation of the long-term fiscal sustainability of advanced economies, based on current estimates of these economies’ current-policy fiscal trajectories. As will be quite evident, for many countries short-term fiscal measures, such as the debt-GDP ratio and the...

While it is widely recognized that industrial development is imperative in developing countries to reduce poverty and to attain sustainable economic growth, there is no consensus on how to develop industries and where to start. Generally, the literature argues that developing countries should...