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In this paper we attempt to test the development economist's perceptions of the negative contributions of governmental activities, as well as the positive contributions of other activities, to growth. This paper provides evidence on the importance of government behavior for economic growth and,...
Persistent link: https://www.econbiz.de/10012475456
Spending has grown strongly in the resource-rich states in recent years, primarily reflecting very high levels of investment in the mining industry. However, the pace of growth in state production and developments in other economic indicators have been more uniform across the states. This...
Persistent link: https://www.econbiz.de/10010533724
Persistent link: https://www.econbiz.de/10009385687
The Australian mining industry experienced a remarkable turnaround during the 2000s. The rapid growth of emerging economies in Asia drove a surge in demand for commodities, particularly those used in steel and energy generation. With global supply unable to respond quickly, prices surged to...
Persistent link: https://www.econbiz.de/10009393019
As part of its liaison program, the Bank meets with community organisations to discuss the labour market and other opportunities and challenges faced by economically disadvantaged persons in Australia. The data available suggest that economic conditions faced by the disadvantaged generally...
Persistent link: https://www.econbiz.de/10010815262
Supply-side factors can affect the responsiveness of new dwelling construction to changes in housing demand. Recent reports and liaison with industry participants point to a range of supply-side rigidities in the Australian housing market, including the length and complexity of the planning...
Persistent link: https://www.econbiz.de/10010815271
Persistent link: https://www.econbiz.de/10014535249
In this paper we attempt to test the development economist's perceptions of the negative contributions of governmental activities, as well as the positive contributions of other activities, to growth. This paper provides evidence on the importance of government behavior for economic growth and,...
Persistent link: https://www.econbiz.de/10005777743
The industrialisation of Asia – particularly China and India – has led to a strong increase in global demand for key resource commodities. The associated sharp rise in the prices of these commodities has underpinned a significant increase in the levels of Australia’s...
Persistent link: https://www.econbiz.de/10008862833
Domestic demand has grown rapidly in emerging Asia for much of the past 30 years. As a consequence, its contribution to annual global growth has gradually increased, rising from ¼ percentage point in the early 1980s to almost 1 percentage point in recent years. Most of this increased...
Persistent link: https://www.econbiz.de/10008862836