Australia benefiting from economic reform /
Australia's economic performance has been impressive in recent years, with its record on both growth and inflation comparing favorably with that of other OECD countries. Unlike previous recoveries, real growth has been evenly paced, averaging more than 3 1/2 percent per annum since the cyclical...
| Автор-организации: | International Monetary Fund. |
|---|---|
| Други автори: | Singh, Anoop. |
| Формат: | Електронен |
| Език: | English |
| Публикувано: |
Washington, D.C. :
International Monetary Fund,
℗♭1998.
|
| Предмети: | |
| Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=449483 |
| Подобни документи: |
Print version::
Australia. |
| Резюме: |
Australia's economic performance has been impressive in recent years, with its record on both growth and inflation comparing favorably with that of other OECD countries. Unlike previous recoveries, real growth has been evenly paced, averaging more than 3 1/2 percent per annum since the cyclical trough in 1991. Another striking aspect of this recovery has been inflation performance. Since 1991, underlyng inflation has averaged just 2 1/4 percent, and never exceeded 3 1/3 percent. Poor economic performance in the past has focused the political and econmic debate in Australia on long run issues of structural change. Attention has centered on two ultimate objectives of public policy -- per capita income growth and unemployment. The economic challenge has been recognized as not just that of recovery from cyclical difficulties, but fundamentally that of longer-run issues of structural change crucial to Australia regaining its leadership role among industrial countries. This book identifies the principal constraints that have affected long-run economic performance in Australia and discusses the extent to which successive reform agendas have reduced these constraints. |
|---|---|
| Физически характеристики: |
1 online resource (ix, 154 pages) : illustrations |
| Формат: |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
| Библиография: |
Includes bibliographical references. |
| ISBN: |
9781455268870 1455268879 |