Research Catalog

Inflation and the making of Australian macroeconomic policy, 1945-85 / Michael Beggs, University of Sydney.

Title
Inflation and the making of Australian macroeconomic policy, 1945-85 / Michael Beggs, University of Sydney.
Author
Beggs, Michael, 1979-
Publication
Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, 2015.

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TextRequest in advance HG229 .B385 2015Off-site

Details

Description
xii, 325 pages; 23 cm
Summary
The emergence of macroeconomics profoundly changed Australian economic policy after World War II. Though governments and the central bank pursued full employment, they soon found themselves contending with chronic inflation, and the instruments were often turned to restraint. This book explains how the problem of inflation transformed policy between the 1940s and the 1980s, well before the era of the independent inflation-targeting central bank. It explains how inflation came to undermine full employment, how governments dealt with international monetary chaos, and how the central bank pursued restraint within a rapidly evolving financial system. This is a new interpretation of Australian policy history and the pre-history of 'neoliberalism'.
Subject
  • 1900 - 1999
  • Inflation (Finance) > Australia
  • Monetary policy > Australia
  • Banks and banking > Australia
  • Banks and banking
  • Economic policy
  • Inflation (Finance)
  • Monetary policy
  • Banks and banking
  • Economic policy
  • Monetary policy
  • BUSINESS & ECONOMICS / Economics / Macroeconomics
  • POLITICAL SCIENCE / Economic Conditions
  • Australia > Economic policy > 20th century
  • Australia
Bibliography (note)
  • Includes bibliographical references (pages 296-313) and index.
Processing Action (note)
  • committed to retain
Contents
Inflation, the state and economic policy -- The long 1950s -- "External balance" and the counter-inflationary imperative -- Inflation and the keynesianism of restraint -- From the "battle for the banks" to the "credit sqeeze" : monetary policy in the long 1950s -- The long 1970s -- From bretton woods to the float -- Inflation and macroeconomic policy in the long 1970s -- Strengthening the central bank -- Conclusion -- Bibliography.
ISBN
  • 9781137265968
  • 1137265965
LCCN
^^2015015157
OCLC
  • 908192674
  • SCSB-10888368
Owning Institutions
Harvard Library