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Secular Stagnation: Determinants and Consequences for Australia

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dc.contributor.authorTaylor, Grace
dc.contributor.authorTyers, Rod
dc.date.accessioned2020-12-20T20:57:48Z
dc.date.available2020-12-20T20:57:48Z
dc.date.issued2017
dc.date.updated2020-11-23T11:06:33Z
dc.description.abstractSlack OECD economic performance and weaker macroeconomic policy support Summers's reuse of the phrase ‘secular stagnation’. Globalisation has redirected growth towards emerging economies, and anticipated rates of return on investment are impaired by perceived risk, institutionalised risk aversion, ageing and dependency, declining commitments to public investment and research and development with rising shares directed to health, retained trade distortions, industrial concentration and slower human capital accumulation, not to mention unexpected global abundance of fossil fuels and a slower Chinese economy. The information and literature supporting these concerns is reviewed and implications for global and Australian policy are inferred.
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.issn0013-0249
dc.identifier.urihttp://hdl.handle.net/1885/218384
dc.language.isoen_AUen_AU
dc.publisherBlackwell Publishing Ltd
dc.sourceEconomic Record
dc.titleSecular Stagnation: Determinants and Consequences for Australia
dc.typeJournal article
local.contributor.affiliationTaylor, Grace, University of Western Australia
local.contributor.affiliationTyers, Rod, College of Business and Economics, ANU
local.contributor.authoruidTyers, Rod, u8202172
local.description.notesImported from ARIES
local.identifier.absfor160603 - Comparative Government and Politics
local.identifier.ariespublicationu4351680xPUB98
local.identifier.citationvolumeOnline
local.identifier.doi10.1111/1475-4932.12357
local.identifier.scopusID2-s2.0-85029220993
local.type.statusPublished Version

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