Economic Growth and Real Exchange Rates. Exchange rate movements are important elements of Australia's economic environment. Protectionist interests in the US and Europe, constrained by WTO trade rules, accuse East Asian economies of deliberate undervaluation. While exchange rate movements are not readily predictable in the short run, long run changes in underlying real exchange rates are amenable to economic analysis using structural models. The clearer understanding of these forces, toward ....Economic Growth and Real Exchange Rates. Exchange rate movements are important elements of Australia's economic environment. Protectionist interests in the US and Europe, constrained by WTO trade rules, accuse East Asian economies of deliberate undervaluation. While exchange rate movements are not readily predictable in the short run, long run changes in underlying real exchange rates are amenable to economic analysis using structural models. The clearer understanding of these forces, toward which this project is directed, will better guide investment in the region, including in Australia, and more importantly, it will better inform future policy debates surrounding currency movements.Read moreRead less
Gold transport in aqueous versus organic fluids: Experimental data for describing ore-forming systems. In many hydrothermal ore-forming systems, the ore is associated with inclusions of both aqueous brine and organic liquid (petroleum). The conventional theory is that the metals are dissolved and transported to the deposit by the brine, but some researchers suggest that petroleum may fill this role. This project proposes to conduct an experimental and field-based study on the chemical behaviour ....Gold transport in aqueous versus organic fluids: Experimental data for describing ore-forming systems. In many hydrothermal ore-forming systems, the ore is associated with inclusions of both aqueous brine and organic liquid (petroleum). The conventional theory is that the metals are dissolved and transported to the deposit by the brine, but some researchers suggest that petroleum may fill this role. This project proposes to conduct an experimental and field-based study on the chemical behaviour of gold in aqueous-organic and organic fluid systems, to determine which type of liquid is more important for gold mobilisation in a competitive situation. This study will provide much-needed data for more accurate modelling of ore systems, furthering our understanding and facilitating mineral exploration. Read moreRead less