The purpose of this paper is to provide evidence, and argue, that stunning as India’s success is, the potential – and need – is for still more reform and more rapid growth. 8 percent is a good rate of growth, but many are destined needlessly to be left behind for years to...

Some countries’ financial systems have undergone significant changes in response to the global financial crisis. While Australia’s financial system also experienced a variety of pressures and changes as a result of the crisis, the overall effect was much less severe than in some...

The current economic crisis has taught another generation of Australians that their economy remains vulnerable to negative external shocks, as it has been since the depression of the early 1840s. So it is unsurprising that shocks and crises figure prominently in the economic history literature,...