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The Australian economy and the global downturn, Part 2: The key quarters

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Author Info

  • Tony McDonald

    (Treasury, Government of Australia)

  • Steven Morling

    (Treasury, Government of Australia)

Abstract

The 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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File URL: http://www.treasury.gov.au/~/media/Treasury/Publications%20and%20Media/Publications/2011/Economic%20roundup%20issue%202/Downloads/02_Part2_keyquarters.ashx
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File URL: http://www.treasury.gov.au/PublicationsAndMedia/Publications/2011/Economic-Roundup-Issue-2/Report/The-Australian-economy-and-the-global-downturn-Part-2-The-key-quarters
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Bibliographic Info

Article provided by Treasury, Australian Government in its journal Economic Roundup.

Volume (Year): (2011)
Issue (Month): 2 (September)
Pages: 33-60

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Handle: RePEc:tsy:journl:journl_tsy_er_2011_2_2

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Related research

Keywords: business cycle; general outlook;

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Cited by:
  1. 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.
  2. 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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