The Australian economy and the global downturn, Part 2: The key quarters
AbstractThe Australian economy performed better than most other advanced economies during the global economic downturn that followed the Global Financial Crisis. This paper looks back at the two key consecutive periods during this episode - the period of global contraction and the early period of global recovery - providing detailed information about how the economy evolved during this episode and drawing inferences from the data about what factors might have been behind the economy's resilience.
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Bibliographic InfoArticle provided by Treasury, Australian Government in its journal Economic Roundup.
Volume (Year): (2011)
Issue (Month): 2 (September)
business cycle; general outlook;
Find related papers by JEL classification:
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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- Tony McDonald & Steven Morling, 2011. "The Australian economy and the global downturn, Part 1: Reasons for resilience," Economic Roundup, Treasury, Australian Government, Treasury, Australian Government, issue 2, pages 1-31, September.
- Owen Freestone & Danial Gaudry & Anthony Obeyesekere & Matthew Sedgwick, 2011. "The rise in household saving and its implications for the Australian economy," Economic Roundup, Treasury, Australian Government, Treasury, Australian Government, issue 2, pages 61-79, September.
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