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An increasing amount of literature links the quality of institutions and governance to economic performance across the economies. In this respect, the maintenance of rule of law plays a critical role, for it encourages growth, investments and innovations, and firm growth and business...
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innovative activity, leading to higher multi-factor productivity. This paper begins with a short review of Australia’s growth … expected to have particularly large impacts. The implications of trade liberalisation on Australia’s economic performance and … recommendations. This Working Paper relates to the 2005 OECD Economic Survey of Australia (www.oecd.org/eco/surveys/australia). …
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