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dc.contributor.authorEdwards, John

Australia is emerging from the pandemic sooner and at less economic cost than widely expected, but with higher unemployment and elevated debt. As the pandemic recedes, it is evident that global output and demand will recover slowly and unevenly. Major advanced economies have sharply increased government debt and their central banks have driven interest rates to rock bottom while buying big shares of additional government debt. At the same time, the US–China quarrel has become more intense, and Australia’s relationship with China has deteriorated. All these changed circumstances, much amplified and extended from their pre-pandemic appearances, limit Australia’s choices.

dc.publisherLowy Institute
dc.subject1605 - Policy and Administration
dc.titleThe Costs of COVID: Australia's Economic Prospects in a Wounded World
dc.typeNon traditional textual works
dcterms.source.numberChina's Economy, Australia's Trade, Australia's Economy
dcterms.source.titleLowy Institute
dcterms.source.seriesLowy Institute ANALYSES
dcterms.source.placeSydney, Australia
curtin.departmentSchool of Management
curtin.accessStatusOpen access
curtin.facultyFaculty of Business and Law
curtin.contributor.orcidEdwards, John [0000-0002-2502-3626]

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