Search: G7

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RBA Glossary definition for G7

G7 – Group of Seven countries: Canada, France, Germany, Italy, Japan, UK and the USA. The G7 deals with issues of primary interest to developed economies.

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Which Firms Drive Business Investment? New Evidence on the Firm-size Distribution

9 Dec 2021 Bulletin – December 2021
Lachlan Dynan
Business investment plays a key role in our current and future economic prosperity.
https://www.rba.gov.au/publications/bulletin/2021/dec/which-firms-drive-business-investment-new-evidence-on-the-firm-size-distribution.html

Implications of the IMF's SDR Allocation for Australia and the Global Economy

9 Dec 2021 Bulletin – December 2021
Ben Hollebon and Kate Hickie
As part of the global policy response to address the economic challenges associated with the COVID-19 pandemic, in August 2021 the International Monetary Fund (IMF) allocated US billion worth of Special Drawing Rights (SDRs) to its members,
https://www.rba.gov.au/publications/bulletin/2021/dec/implications-of-the-imfs-sdr-allocation-for-australia-and-the-global-economy.html

Wage Growth in Advanced Economies

15 Mar 2018 Bulletin – March 2018
Ivailo Arsov and Richard Evans
The BIS (2017) also reaches a similar conclusion for the G7 economies over a somewhat longer period starting in the early 1990s.
https://www.rba.gov.au/publications/bulletin/2018/mar/wage-growth-in-advanced-economies.html

Explaining the Slowdown in Global Trade

17 Sep 2015 Bulletin – September 2015
Jarkko Jääskelä and Thomas Mathews
Following the global financial crisis, global trade contracted sharply and, after an initial recovery, grew at an unusually slow pace relative to global GDP. This article reviews cyclical and structural explanations for this phenomenon, and finds
https://www.rba.gov.au/publications/bulletin/2015/sep/5.html

Exchange Rate Movements and Economic Activity

20 Mar 2014 Bulletin – March 2014
Marion Kohler, Josef Manalo and Dilhan Perera
This article discusses estimates of the effect of movements in the real exchange rate on economic activity and inflation in Australia. The range of estimates suggests that a temporary 10 per cent depreciation of the exchange rate increases the level
https://www.rba.gov.au/publications/bulletin/2014/mar/5.html

Trends in National Saving and Investment

10 Mar 2012 Bulletin – March 2012
James Bishop and Natasha Cassidy
For a comparison of the Australian Government's net debt to the G7 economies, see Australian Government (2011).
https://www.rba.gov.au/publications/bulletin/2012/mar/2.html

Domestic Demand Growth in Emerging Asia

10 Mar 2011 Bulletin – March 2011
David Orsmond
In contrast, the contribution from the G7 countries to global growth has fallen over time. ... Asia 1 per cent, and the G7 countries by 1 per cent over 1980–2009.
https://www.rba.gov.au/publications/bulletin/2011/mar/5.html

Household Consumption Trends in China

10 Mar 2010 Bulletin – March 2010
Mark Baker and David Orsmond
and 6 percentage points higher than in the G7 advanced countries (Graph 1).
https://www.rba.gov.au/publications/bulletin/2010/mar/3.html

Japanese Retail Investors and the Carry Trade

10 Mar 2009 Bulletin – March 2009
Andrew Zurawski and Patrick D'Arcy
This is consistent with the finding of Chinn and Meredith (2004) that there is much more support for UIP at long horizons for the G7 economies than is found in most
https://www.rba.gov.au/publications/bulletin/2009/mar/1.html

The Recent Rise in Commodity Prices: A Long-run Perspective

10 Apr 2007 Bulletin – April 2007
John O'Connor and David Orsmond
In particular, China's population is proportionately much larger than the countries that industrialised in earlier periods – and is almost double that of the current G7 nations combined – and China has
https://www.rba.gov.au/publications/bulletin/2007/apr/1.html