A Decade of Keating: Prospects for External Recovery?

Shauna Phillips, Ronald Bewley and Garry White

The Economic and Labour Relations Review, 1990, vol. 1, issue 1, 69-92

Abstract: Government policy has sought to counter a deteriorating current account deficit by a regime of high interest rates. This paper analyses this policy prescription and argues that less reliance on monetary policy is essential for containing external debt.

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecolab:v:1:y:1990:i:1:p:69-92

DOI: 10.1177/103530469000100104

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