Tag Archives: Australia

Australian Economic Growth in Longer Term Perspective

A recent issue of The Economist highlighted the stellar economic performance of Australia – or as it was termed, “The Wonder Down Under” – arguing its economy is most arguably the most successful in the rich world.  Australia has apparently not seen a recession for 27 years, seen its median income has grown four times […]

International Employment Update: U.S. Resilience and Australian Exceptionalism

I thought it was time for an updated look at employment creation in the advanced economies given that we are now at just over five years since the 2008-09 Great Recession that walloped world economies.  I’ve taken the IMF World Economic Outlook Database employment numbers for the period 2007 to 2013 to get employment levels […]