Abstract
Developments in Australia’s terms of trade and balance of payments are the major focus of current economic policy discussions. This is not of course a new experience for Australia—the balance of payments and terms of trade were a major focus of attention in the 1950s and 1960s, suggesting that it is useful to examine developments in this area—including the causes and consequences of what has happened—in long-term perspective and some detail.
The authors would like to thank Nicholas Coppel for assistance with and comments on an earlier draft.
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© 1989 Centre for Economic Policy Research
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FitzGerald, V., Urban, P. (1989). Causes and Consequences of Changes in the Terms of Trade and the Balance of Payments. In: Chapman, B. (eds) Australian Economic Growth. Palgrave, London. https://doi.org/10.1007/978-1-349-11084-1_11
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DOI: https://doi.org/10.1007/978-1-349-11084-1_11
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