1. AUSTRALIA"S ECONOMIC GROWTH
Overview Australia suffered an economic softening during the late 20th century due to economic reform and global recession. In particular was the Asian economic crisis, which occurred from mid-1997 to early 1999. Although the global recession centered on Asia, it effected Australia because Asia is the destination of much of Australia's exports. Economists are optimistic the economy will continue to advance because Australia's economy is one of the most resilient in the world. Australia has a prosperous Western-style capitalist economy. ...
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