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Carl Delfeld's Articles in Economy

  • Surf's Up Down Under
    Lucky?

    This lucky country’s economy is on a record-breaking 14-year roll. The big question: Will it continue?

    Just imagine: From a few convicts dropped ashore in 1788, Australia has developed into a first-class global economy. The reforms enacted by former Prime Minister Bob Hawke and Treasurer Paul Keating during the 1980s set the stage for a remarkable run of prosperity. Specifically, they slashed import tariffs, floated the currency and reduced the power of big lab...

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