The Costs of COVID: Australia's Economic Prospects in a Wounded World
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 govern...
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| Format: | Non traditional textual works |
| Language: | English |
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Lowy Institute
2020
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| Online Access: | https://www.lowyinstitute.org/ http://hdl.handle.net/20.500.11937/80703 |
| _version_ | 1848764253814652928 |
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| author | Edwards, John |
| author_facet | Edwards, John |
| author_sort | Edwards, John |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-14T11:16:25Z |
| format | Non traditional textual works |
| id | curtin-20.500.11937-80703 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T11:16:25Z |
| publishDate | 2020 |
| publisher | Lowy Institute |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-807032021-09-15T03:17:49Z The Costs of COVID: Australia's Economic Prospects in a Wounded World Edwards, John 1605 - Policy and Administration 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. 2020 Non traditional textual works http://hdl.handle.net/20.500.11937/80703 English https://www.lowyinstitute.org/ Lowy Institute fulltext |
| spellingShingle | 1605 - Policy and Administration Edwards, John The Costs of COVID: Australia's Economic Prospects in a Wounded World |
| title | The Costs of COVID: Australia's Economic Prospects in a Wounded World |
| title_full | The Costs of COVID: Australia's Economic Prospects in a Wounded World |
| title_fullStr | The Costs of COVID: Australia's Economic Prospects in a Wounded World |
| title_full_unstemmed | The Costs of COVID: Australia's Economic Prospects in a Wounded World |
| title_short | The Costs of COVID: Australia's Economic Prospects in a Wounded World |
| title_sort | costs of covid: australia's economic prospects in a wounded world |
| topic | 1605 - Policy and Administration |
| url | https://www.lowyinstitute.org/ http://hdl.handle.net/20.500.11937/80703 |