• Economics
  • Published 2011

The Australian economy and the global downturn, Part 2: The key quarters

@inproceedings{McDonald2011TheAE,
  title={The Australian economy and the global downturn, Part 2: The key quarters},
  author={Tony McDonald and Steven Morling},
  year={2011}
}
The Australian economy performed better than most other advanced economies during the global economic downturn that followed the Global Financial Crisis. This paper looks back at the two key consecutive periods during this episode - the period of global contraction and the early period of global recovery - providing detailed information about how the economy evolved during this episode and drawing inferences from the data about what factors might have been behind the economy's resilience.