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A Decade of Keating: Prospects for External Recovery?

Published online by Cambridge University Press:  01 January 2023

Shauna Phillips ,
Ronald Bewley  and
Garry White
Shauna Phillips
Affiliation:
Business Econometrics and Forecasting Group, University of NSW
Ronald Bewley
Affiliation:
Business Econometrics and Forecasting Group, University of NSW
Garry White
Affiliation:
Chase AMP Bank Limited
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Abstract

Government policy has sought to counter a deteriorating current account deficit by a regime of high interest rates. This paper analyses this policy prescription and argues that less reliance on monetary policy is essential for containing external debt.

Type
Article
Information
The Economic and Labour Relations Review , Volume 1 , Issue 1 , June 1990 , pp. 69 - 92
Copyright
Copyright © The Author(s) 1990

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References

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