Tuesday, October 6, 2009

policy: economic lessons from Australia?

Australia's central #bank first among G20 to raise its main interest rate

Australia stimulus only USD 35bn! Cash handouts 2 pensioners + low-middle income families + some infrastructure projects > lessons?

How did Australia manage to limit negative GDP growth 2 only 1 quarter? to spend only USD 35 bn on stimulus? Lessons for others?

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Thanks.
BRs
Nick

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