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The Impact of Further PBS Reforms, CSES report to Medicines Australia, was released on 20 May 2013.

The report’s author, Dr Kim Sweeny said, “The report demonstrates that PBS reforms are working and will deliver as much as $18 billion in savings.

Read more at http://medicinesaustralia.com.au/.


 

GDP trends since 2002 in selected developed countries (Source: AER No. 3)

NEW AUSTRALIAN ECONOMIC REPORT

Now available:

AER No. 2
Market Power and Generation from Renewables: The Case of Wind in the South Australian Electricity Market
By Bruce Mountain, June 2012

AER No. 3
The Resources Boom and Economic Policy in the Longer Run
By Peter Sheehan and Bob Gregory, September 2012

The Australian Economic Report is an occasional series of research-based analyses of important issues facing the Australian economy, produced by researchers from the Centre for Strategic Economic Studies, Victoria University, Melbourne.

THE RESOURCES BOOM AND ECONOMIC POLICY IN THE LONG RUN

Paper presented at the Conference Structural Change and the Rise of Asia, IMF and RBA, Canberra, 19 September, by Peter Sheehan and Bob Gregory

A major economic impact on Australia of the rise of Asia, has been through the resources sector. Australia is experiencing the biggest and most sustained resources boom in its history, and over the past decade has sustained economic growth well in advance of its developed country comparators.
This paper explores the implications and policy issues arising as the mining boom passes through three phases: the increase in the terms of trade, an induced mining investment response and finally a significant increase in mining exports



The Centre for Strategic Economic Studies (CSES), established at Victoria University in 1993, is now one of the leading applied economic research groups in Australia. Its research output is of high quality and is influential at both national and international levels.

The Centre’s objective is to study the key issues arising from the process of rapid economic and technological change. While drawing on strong theoretical and empirical foundations in economics, its research is intended to have special relevance to policy formulation and implementation in relevant areas. The specific areas of application are Australia and the countries of our region, especially China, India, Indonesia and Vietnam, but a focus on the USA and Europe is often necessary to understand the global nature of the issue in question. The approach is primarily economic, although the interdisciplinary nature of the skill sets required to deal such interlinked issues is explicitly recognised.

The Centre's founding and current director is Prof. Peter Sheehan. He has held various positions including senior researcher at the Institute of Applied Economic and Social Research at Melbourne University and Director General of the former management and budget department in the Victorian Government. He has also held a wide range of board positions with Australian companies, particularly in high-technology areas.

The Centre currently comprise of a high quality research team of 22 professionals, with strong national and international links, together with a high quality cohort of 32 PhD and DBA students.

 

 


 

 

 



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