Australian Macroeconomic Policy 1974-1985
Condition: SECONDHAND
This is a secondhand book. The jacket image is a photograph of the exact copy we have in stock. This image shows the condition of this book. Further condition remarks are below.
Condition remarks:
Book: Good
Jacket: No dust jacket
Pages: Good
Condition remarks: Condition as shown in image
In the decade following the first global oil shock, Australia's economic managers faced a gauntlet of inflation, unemployment, and fiscal instability that would test the very foundations of Keynesian orthodoxy. Australian Macroeconomic Policy 1974–1985 presents a rigorous and authoritative account of the policy decisions — spanning both Labor and Coalition governments — that shaped the nation's economic trajectory across one of its most turbulent and consequential periods. J. O. N. Perkins dissects the competing forces of monetary restraint, wage indexation, fiscal stimulus, and exchange rate management, chronicling how successive administrations grappled with stagflation and the shifting ideological currents sweeping the Western world. Drawing on economic data and policy analysis with scholarly precision, Perkins argues that Australia's macroeconomic experience during this era was neither uniquely successful nor uniquely flawed, but rather a revealing case study in the practical limits of economic theory when confronted with political reality. His measured, analytical style renders complex fiscal and monetary debates accessible without sacrificing intellectual rigour, making this an indispensable reference for economists, historians, and policy scholars alike. For anyone seeking to understand the structural foundations that underpinned Australia's later economic reforms, this work raises questions about governance and ideology that remain strikingly pertinent today.
Author: J. O. N. Perkins
Format: Paperback
Published: 1985, Melbourne University Press
Genre: Business & economics
Condition remarks:
Book: Good
Jacket: No dust jacket
Pages: Good
Condition remarks: Condition as shown in image
In the decade following the first global oil shock, Australia's economic managers faced a gauntlet of inflation, unemployment, and fiscal instability that would test the very foundations of Keynesian orthodoxy. Australian Macroeconomic Policy 1974–1985 presents a rigorous and authoritative account of the policy decisions — spanning both Labor and Coalition governments — that shaped the nation's economic trajectory across one of its most turbulent and consequential periods. J. O. N. Perkins dissects the competing forces of monetary restraint, wage indexation, fiscal stimulus, and exchange rate management, chronicling how successive administrations grappled with stagflation and the shifting ideological currents sweeping the Western world. Drawing on economic data and policy analysis with scholarly precision, Perkins argues that Australia's macroeconomic experience during this era was neither uniquely successful nor uniquely flawed, but rather a revealing case study in the practical limits of economic theory when confronted with political reality. His measured, analytical style renders complex fiscal and monetary debates accessible without sacrificing intellectual rigour, making this an indispensable reference for economists, historians, and policy scholars alike. For anyone seeking to understand the structural foundations that underpinned Australia's later economic reforms, this work raises questions about governance and ideology that remain strikingly pertinent today.