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5 Inflation and Monetary Policy Reform

5 Inflation and Monetary Policy Reform »

Source: Australia : Benefiting from Economic Reforms

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 1998

ISBN: 9781557757326

Keywords: inflation, unemployment, monetary policy, employment, current account deficit

A key feature of Australia’s economic performance in the 1970s and for most of the 1980s was relatively high inflation. In the 1970s, inflation rose more sharply than in other OECD countries and, in the 1980...