This paper presents a critique of the traditional textbook representation of fiscal policy, and highlights the misleading policy implications perpetuated by this analysis. In particular, the conclusion that fiscal deficits are likely to be associated with higher interest rates is disputed, as is...

The paper examines industrial relations in the shipping industries of two Liberal Market Economies (LMEs), Australia and the United States and in two Coordinated Market Economies (CMEs), Germany and Denmark. Hall and Soskice?s (2001) theory of Liberal versus Coordinated market economies has been...

Ecological concerns have never been top of the list for Australian policy makers in recent years. Instead, they have struggled with issues of reliance on the export of primary commodities with declining terms of trade, dependence on the import of capital and shortages of managerial expertise....

The relationship between stock market development and economic growth has been an important issue of debate. A well functioning stock market can affect economic growth through the channelling of more saving to investment and the improvement of capital productivity with efficient allocation of...