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A 25% drop in the value of the Australian dollar since 2012 helps boost inbound education services and tourism, service exports that grow rapidly by the end of 2015. This helps Australia withstand the sharp drop in prices of metals and other commodities exports. GDP was up 3% in the 4th quarter of 2015 over the prior year.
Grouped Articles
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
The impact of a higher valued currency- as a result of the mining boom- on manufacturing, tourism and other economic sectors.
Grouped Articles
Wall Street Journal 05/01/2013
U.S. Stocks Shrug at China's Woes
Wall Street Journal 07/10/2013
The Deal Is Simple. Australia Gets Money, China Gets Australia
BusinessWeek 09/02/2010
An Australian Boom Town Feels Chill of Commodity Price Decline
Wall Street Journal 06/09/2014
Wall Street Journal 11/13/2014
Australia Faces Painful Choices in Economic Slowdown
Wall Street Journal 12/08/2014
Unemployment reaches 6.2% in 2014 as the Australian economy faces the risk of a recession in 2015. The mining boom fades and there are no alternatives to increase growth and investment.
Grouped Articles
Australia Faces Painful Choices in Economic Slowdown
Wall Street Journal 12/08/2014
Think New York Housing Is Expensive? Try Wollongong
Wall Street Journal 04/28/2015
Australia Seeks Cure for Its Mining Hangover
Wall Street Journal 05/05/2015
Mining Companies Slash Jobs as Commodities Prices Slide
Wall Street Journal 07/25/2015
BHP Looks Past Travails, Remains Upbeat on China
Wall Street Journal 08/26/2015
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
Grouped Articles
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
Grouped Articles
Japan Set to Overtake China for Australia’s Biggest Trade Surplus
Wall Street Journal 06/15/2015
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
Australia Posts First Trade Surplus in Years
WSJ 01/06/2017
Brazil, Russia, Australia, Canada, are caught up in the commodities bust with dependence on commodities exports. Brazil faces a lost decade because in adddition to the sharp drop in commodities prices, it also has to tackle large debt and capital outflows, a credit card binge of households cutting into consumer spending, and problems with manufacturing from the period of overvalued currency. A serious long term problem as bottlenecks to growth come from a weak educational system and infrastructure that were not tackled in the boom years. The social safety net and the currency are supported by the foreign currency reserves fund of $397 billion, a lesson learned from the 1997 financial crisis.
Grouped Articles
How Brazil’s China-Driven Commodities Boom Went Bust
Wall Street Journal 08/28/2015
Gloom on Brazil Finances Deepens
Wall Street Journal 12/17/2015
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
Dilma Rousseff’s Former Supporters in Brazil Express Disillusionment
New York Times 04/16/2016
Fight to Impeach Brazil’s Leader Tears at Fabric of Daily Life
New York Times 04/15/2016
Globalization: Capitalism Should Be Nicer | ZEIT ONLINE
ZEIT ONLINE 07/29/2016
Grouped Articles
Wall Street Journal 07/15/2013
Where Will the Next Financial Bubble Be?
BusinessWeek 05/06/2010
After Going All In During Mining Boom BHP Cuts its Ambitions
New York Times 08/08/2013
The Deal Is Simple. Australia Gets Money, China Gets Australia
BusinessWeek 09/02/2010
China Slowdown Is Rocking Raw Materials
Wall Street Journal 03/12/2014
An Australian Boom Town Feels Chill of Commodity Price Decline
Wall Street Journal 06/09/2014
Grouped Articles
Wall Street Journal 05/01/2013
Aussie Dollar Falls on Budget Plan
Wall Street Journal 05/15/2013
Wall Street Journal 07/13/2013
Australia's Central Bank Cuts Rates Ahead of Election
Wall Street Journal 08/07/2013
Talking Down the Australian Dollar
Wall Street Journal 01/04/2014
Aussie Dollar Parity Talk Resumes
Wall Street Journal 07/02/2014
Grouped Articles
Australia Seeks Cure for Its Mining Hangover
Wall Street Journal 05/05/2015
Mining Companies Slash Jobs as Commodities Prices Slide
Wall Street Journal 07/25/2015
Economist 08/24/2015
BHP Looks Past Travails, Remains Upbeat on China
Wall Street Journal 08/26/2015
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
In Australia, China’s Appetite Shifts From Rocks to Real Estate
The New York Times 09/24/2016
Grouped Articles
An Australian Boom Town Feels Chill of Commodity Price Decline
Wall Street Journal 06/09/2014
Wall Street Journal 11/13/2014
China’s Slowdown Hits Price of Iron Ore
Wall Street Journal 12/01/2014
Australia Faces Painful Choices in Economic Slowdown
Wall Street Journal 12/08/2014
Commodities Fall as Stockpiles Mount Up
Wall Street Journal 01/19/2015
Australia Seeks Cure for Its Mining Hangover
Wall Street Journal 05/05/2015
Grouped Articles
U.S. Stocks Shrug at China's Woes
Wall Street Journal 07/10/2013
Abe Win Is Good for the Neighbors
Wall Street Journal 07/22/2013
Brazil's Currency Slides to New Low
Wall Street Journal 08/19/2013
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/2013
Indonesia Faces Price Rise as Currency Weakens
Wall Street Journal 09/04/2013
How Emerging Markets Can Get Their Mojo Back
Wall Street Journal 09/12/2013
Grouped Articles
The Deal Is Simple. Australia Gets Money, China Gets Australia
BusinessWeek 09/02/2010
Japan Set to Overtake China for Australia’s Biggest Trade Surplus
Wall Street Journal 06/15/2015
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
China takes the driver's seat on free trade | Asia | DW.COM | 21.11.2016
DW.COM 11/21/2016
Xi Jinping signals China will champion free trade if Trump builds barriers
The Guardian 01/17/2017
Australia Posts First Trade Surplus in Years
WSJ 01/06/2017
Japan becomes Australia's largest trading partner in 2015. The fall in iron ore and coal prices has reduced the value of ore and coal exports to China. The closing down of Australia's auto industry means fewer car parts imported from Japan. Japan is a big importer of Australian LNG.
Grouped Articles
Japan Set to Overtake China for Australia’s Biggest Trade Surplus
Wall Street Journal 06/15/2015
Global Growth Worries Pummel Commodities
Wall Street Journal 07/25/2015
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
China takes the driver's seat on free trade | Asia | DW.COM | 21.11.2016
DW.COM 11/21/2016
Australia Posts First Trade Surplus in Years
WSJ 01/06/2017
Germany, Canada do well in the ratings in many categories from green living and raising kids to entrepreneurship. France in cultural influence, Italy in heritage, India for movers. Australia, New Zealand, Scandinavian countries, Netherlands, also do well. In overall ratings taking into account GDP levels per capita Germany takes top spot, Canada second, followed by UK and U.S.
Grouped Articles
These are the world’s best countries. (Sorry, America — you’re No. 4.) - The Washington Post
Washington Post 01/21/2016
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
India Has a Banner Year for Deals and Overtakes China as a Favored Target
WSJ 12/25/2018
BHP Broken Hill Proprietary, big Australian mining company and how its working the commodity business a different way from the past. Comparison to oil Companies and similar issues faced by oil companies though more complex in the case of oil.
Grouped Articles
Wall Street Journal 05/01/2013
Wall Street Journal 05/30/2013
After Going All In During Mining Boom BHP Cuts its Ambitions
New York Times 08/08/2013
The Deal Is Simple. Australia Gets Money, China Gets Australia
BusinessWeek 09/02/2010
An Australian Boom Town Feels Chill of Commodity Price Decline
Wall Street Journal 06/09/2014
China’s Slowdown Hits Price of Iron Ore
Wall Street Journal 12/01/2014
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