View from DownUnder: What a lovely recession…

25 Jan 2010

Because Australia is a medium-sized export-driven economy the first thing I learned in my college economics classes back in the 1990s was that where the global economy went, so went Australia's. But a lot has changed since then - not least because the economic rise of China has been fuelled by Australian mineral exports (a whole lot of Aussie coal has gone into the steel of those Shanghai skysc

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Ralph Grayden