Gain from the Pain: Australia Recovers from Its Economic Boom-bust
Discusses possible gains from the 1990-1991 recession in Australia. The material is based on updated versions of the author's weekly Economics Extra column in 'The Australian Financial Review'. Includes information on core financial issues such as inflation, the balance of payments and unemployment. The book is a sequel to 'Boom to Bust: The recession Australia had to have'. Indexed.
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The Balance of Payments
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AGPS asset price Australia Australian economy balance of payments Bernie Fraser billion Boom to Bust boost borrowers Budget building societies business cycle business investment capital cent of GDP commodity prices competitive consumer consumption corporate costs countries current account deficit demand deregulation domestic early economic growth economic policy economists economy's efficiency enterprise bargaining estimates export Extra farm financial deregulation fiscal policy forecast foreign debt Fraser Further Reading Government's Hewson higher Ian Macfarlane import protection income increased industrial relations Industry Commission inflationary expectations jobless John Dawkins John Kerin Keating Keating's Labor's labour market late lower macro-economic manufacturing monetary policy OECD Paul Keating percentage point Phillips curve political pressures production protectionism real wage recession recovery recycling reduce reflected Reserve Bank retail rise saving sector September quarter slump spending suggests Taiwan target tariff terms of trade unemployment unions workplaces yield curve