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Australia's economic 'miracle'

Chairman's speech

On 1 August 2003 the Chairman Gary Banks gave a speech, Australia’s economic ‘miracle’, to the 'welcome dinner' for the Forum on Postgraduate Economics hosted by the ANU in Canberra.

Contents

From growth laggard to leader
The 1990s turnaround

What caused the ‘miracle’?
Not the usual suspects
Microeconomic reform has made the difference

Evidence of reform’s effects

Sustaining the ‘miracle’
Reasons for seeking further improvement