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AUSTRALIAN BUSINESS ECONOMISTS Address by Ken Henry May 2006

AUSTRALIAN BUSINESS ECONOMISTS Address by Ken Henry May 2006. China. 1. Growth after take-off. Log index. Log index. 3.0. 3.0. NIEs. 2.5. 2.5. Japan. 2.0. 2.0. ASEAN-4. 1.5. 1.5. 1.0. 1.0. 0.5. 0.5. India. 0.0. 0.0. 0. 4. 8. 12. 16. 20. 24. 28. 32. 36. 40. 44.

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AUSTRALIAN BUSINESS ECONOMISTS Address by Ken Henry May 2006

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  1. AUSTRALIAN BUSINESS ECONOMISTSAddress by Ken HenryMay 2006

  2. China 1. Growth after take-off Log index Log index 3.0 3.0 NIEs 2.5 2.5 Japan 2.0 2.0 ASEAN-4 1.5 1.5 1.0 1.0 0.5 0.5 India 0.0 0.0 0 4 8 12 16 20 24 28 32 36 40 44 48 Years after take-off

  3. 2. Share of world merchandise trade after take-off

  4. 3. China's share of world consumption of materials * China’s share of World GDP

  5. 4. Commodity prices

  6. 5. Terms-of-trade

  7. 6. Commodity prices

  8. 7. Terms-of-trade

  9. 8. Australia’s net exports

  10. 9. Distribution of unemployment

  11. 10. Participation rates

  12. AUSTRALIAN BUSINESS ECONOMISTSAddress by Ken HenryMay 2006

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