Third Edition.
This provides all the background you need in order to understand the major economic debates in Australia.
Fully up to date, it explores the reasons for our continuing high levels of unemployment and the government's expenditure cuts. It explains the key economic indicators such as the CPI and the BoP, discusses the impact of foreign debt and outline policy options available to the government.
This edition has been thoroughly revised and includes new chapters on the Asian financial crisis, tax reform and industry policy. With contributions from leading economists including Steve Dowrick, Peter Groenewegen, Colm Kearney, John Nevile and peter Saunders, 'The Australian Economy' is the ideal guide for anyone who wants to understand the workings of our economy.
