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Financing sustainable development – What can we learn from the Australian experience of reform?

Author

Listed:
  • Wayne Swan

    (MP, formerly the Deputy Prime Minister and Treasurer of the Commonwealth of Australia)

Abstract

Finance is fundamental to supporting sustainable development. It drives investment and jobs, which is the way most people escape poverty. Countries in the developing world face significant financing needs as they seek to modernize their economies, hence the importance of mobilizing all forms of finance (domestic, international, public and private) and ensuring they are put to their most effective use.

Suggested Citation

  • Wayne Swan, 2015. "Financing sustainable development – What can we learn from the Australian experience of reform?," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 22(2), pages 135-164, December.
    • Handle: RePEc:unt:jnapdj:v:22:y:2015:i:2:p:135-164
    as

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    File URL: http://www.unescap.org/sites/default/files/Paper%205-Swan.pdf
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    References listed on IDEAS

    as
    1. Barry Eichengreen & Masahiro Kawai, 2014. "Issues for Renminbi Internationalization : An Overview," Finance Working Papers 23961, East Asian Bureau of Economic Research.
    2. Eden Hatzvi & William Nixon & Michelle Wright, 2014. "The Offshore Renminbi Market and Australia," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 53-62, December.
    3. Marianna O'Gorman & Frank Jotzo, 2014. "Impact of the Carbon Price on Australia's Electricity Demand, Supply and Emissions," CCEP Working Papers 1411, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    4. Torsten Ehlers & Frank Packer & Eli Remolona, 2014. "Infrastructure and Corporate Bond Markets in Asia," RBA Annual Conference Volume (Discontinued), in: Alexandra Heath & Matthew Read (ed.),Financial Flows and Infrastructure Financing, Reserve Bank of Australia.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Sustainable development; economic growth; Australia; development finance;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O56 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Oceania
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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