NABZY - Australia: Macro-Fiscal Flows And Investment Markets
The purpose of this report is to assess the impact of macro-fiscal flows on investment markets in Australia.
The national accounts were used to assess the macro-fiscal flows.
One can summarize the national accounts in the following formula:
GDP = Private Sector Spending [P] + Government Sector Spending [G] + External Sector Spending [X]
These are accounting entities and are true by definition.
See the methodology section below for more detail on this formula.
The private sector is where the stock market is, and we as investors want the stock market to go up. The