The third edition of The Australian Economy provides all the background you need in order to understand the major economic debates.The Australian Economy provides all the background you need in order to understand the major economic debates in Australia.Fully up to date, it explores the reasons for our continuing high levels of unemployment and the government's expenditure cuts. It explains the key economic indicators such as the CPI and the BoP, discusses the impact of foreign debt and outlines policy options available to the government.The first and second versions of The Australian Economy have been widely read by both students and general readers. This third volume has been thoroughly revised and includes new chapters on the Asian financial crisis, tax reform and industry policy.With contributions from leading economists including Steve Dowrick, Peter Groenewegen, Colm Kearney, John Nevile and Neil Warren, The Australian Economy is the ideal guide for anyone who wants to understand the workings of our economy.