Case ID: 713015
Abstract:
Case
Solution & Analysis for Australia: Commodities and Competitiveness by Laura Alfaro, Richard H.K. Vietor, William Russell, Hilary White
For the past few decades, Australia has dealt with the benefits and costs of repeated mining booms--inflation, a housing bubble, a current account deficit and growing dependence on China. Between 1996 and 2007, however, Australia had most of these issues under control and grew at impressive rates, becoming one of the richest of developed countries. Yet competitiveness in its non-mining sectors declined. Since the financial crisis, additional challenges associated with climate change, minerals taxes, migration and an overvalued currency have complicated the issues facing Julia Gillard and her Labor Party, with a very thin majority.
Keywords:
Business & government relations, Capital flows, Commodities, Economics, Strategy, Work environments, Australia Commodities and Competitiveness
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