Australia in 2005

            
 
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



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Case Details:

Price:

Case Code : ECOA127 For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Shipping & Handling Charges extra

Themes

-
Case Length : 14 Pages
Period : -
Organization : -
Pub Date : 2005
Teaching Note : Not Available
Countries : Australia
Industry : -

Abstract:

Australia has emerged as one of the most dynamic economies in the world. The country's recovery has been impressive considering the series of crises it has faced in the 1980s. The country has become a model of economic liberalization for countries across the world.

Into its 15th successive year of continuous growth, Australia enjoys low inflation, the lowest unemployment for almost 30 years, negligible government debt and regular budget surpluses. But Australia faces new challenges. There are various supply side bottlenecks. Australian labor policies and the school education system also need a major overhaul.

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Will Australia be able to reinvent itself and build on the tremendous progress it has made in the past 15 years?

Contents:

  Page No.
Introduction 1
Background Note 1
The Economy 2
Industry 4
International Trade 5
Society 6
Future Outlook 7
Exhibits 10

Keywords:

Australia, Most dynamic economies in the world, Australia's Recovery, Model of economic liberalization, Australia's low inflation, Australia's lowest unemployment, Supply side bottlenecks and Australia: reinventing itself

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