Arbeitspapier
Australia: The Miracle Economy
Most of the countries of the OECD are still suffering from the Global Financial Crisis (GFC) (or as the Americans call it the Great Recession), but the Australian economy appears to be powering ahead. It is a miracle economy! Unlike most of the OECD countries, Australia did not even have a recession. In this paper we study the behaviour of the Australian economy compared to some of the OECD countries and see that, in fact, Australia has a miracle economy. The comparisons are made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt.
- Sprache
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 7505
- Klassifikation
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Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
- Thema
-
OECD
Great Recession
macroeconomic indicators
unemployment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Junankar, Pramod N.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Junankar, Pramod N.
- Institute for the Study of Labor (IZA)
Entstanden
- 2013