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The Global Financial Crisis of 2007–2009 – An Australian Perspective*

Saul Eslake

Economic Papers, 2009, vol. 28, issue 3, 226-238

Abstract: The global financial crisis was not wholly caused by ‘greed’ or ‘market fundamentalism’ but had many causes. Fortunately, governments and central banks have absorbed the lessons of mistakes made in the 1930s. Australian policy responses to the crisis have been particularly effective, although we cannot afford to be complacent.

Date: 2009
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https://doi.org/10.1111/j.1759-3441.2009.00034.x

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