The Australian Economy in 2020-21: The COVID-19 Pandemic and Prospects for Economic Recovery.
Aust Econ Rev
; 54(1): 5-18, 2021 Mar.
Article
in English
| MEDLINE | ID: covidwho-1020414
ABSTRACT
This article summarises developments in the Australian economy in 2020. It describes the economic growth and labour market ramifications associated with COVID-19, and the fiscal and monetary policies implemented to help counter its effects. COVID-19 has resulted in considerable slack in an economy that was weak pre-pandemic. While current policies are appropriately focused on stimulating demand and supporting employment, existing challenges such as weak growth in productivity, gross domestic product and real wages are also likely to remain relevant post-pandemic.
Full text:
Available
Collection:
International databases
Database:
MEDLINE
Language:
English
Journal:
Aust Econ Rev
Year:
2021
Document Type:
Article
Similar
MEDLINE
...
LILACS
LIS