Australia: Benefiting from Economic Reforms

Australia's recent economic performance has been impressive. It has experienced steady growth since the early 1990s and inflation has averaged just 2 percent over the same period. This strong showing marks a departure from the performance of the postwar years, when falling productivity and rising inflation caused Australia's per capita income to slip from one of the highest among OECD countries to merely average. This economic turnaround is explored in this book edited by Anoop Singh, Josh Felman, Ray Brooks, Tim Callen, and Christian Thimann of the Asia and Pacific Department.
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Publication date: November 1998
ISBN: 9781557757326
$25.00
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Topics covered in this book

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Business and Economics , Exports and Imports , Inflation , Labor , Economics- Macroeconomics , Money and Monetary Policy , BOOK , government , current account , production function , productivity improvement , productivity growth , inflation-targeting regime , fiscal consolidation program , General government finance , productivity gain , productivity benefit , Inflation , Inflation targeting , Productivity , Employment , Australia and New Zealand , Asia and Pacific , Europe , East Asia , South Asia

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Summary

Australia's recent economic performance has been impressive. It has experienced steady growth since the early 1990s and inflation has averaged just 2 percent over the same period. This strong showing marks a departure from the performance of the postwar years, when falling productivity and rising inflation caused Australia's per capita income to slip from one of the highest among OECD countries to merely average. This economic turnaround is explored in this book edited by Anoop Singh, Josh Felman, Ray Brooks, Tim Callen, and Christian Thimann of the Asia and Pacific Department.

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