Recovery from the Depression
Australia and the World Economy in the 1930s

A comparative study of Australian economic policy during the Great Depression.

R. G. Gregory (Edited by), N. G. Butlin (Edited by)

9780521362450, Cambridge University Press

Hardback, published 29 June 1989

396 pages
22.8 x 15.2 x 3.2 cm, 0.762 kg

In Australia's economic history, as in the nation's politics and culture, the Great Depression is a dominant theme. An international group of economists and economic historians has collaborated, in this volume, to look at the ways in which Australia survived economic depression and recovered from it, in the context of international comparison. A range of different aspects of these questions are considered. Chapters look at both the agricultural sector and the manufacturing sector of Australia. The unemployment which dominated the period is considered, together with response to it by the labour market and by the state. Policies to deal with depression, in the areas of budgetary and monetary control are evaluated. The Australian experience is set in the wider context of the world economy, with comparisons made with Britain and Canada, with New Zealand and with Japan.

List of authors
List of figures
List of tables
Preface
1. An overview R. G. Gregory
2. The Australian recovery of the 1930s in international comparative perspective Barry Eichengreen
3. The recovery of the 1930s and economic policy in Britain T. J. Hatton
4. A macro interpretation of recovery: Australia and Canada Alan G. Green and Gordon R. Sparks
5. Depression and recovery in New Zealand G. R. Hawke
6. The Japanese economy and economic policy in the 1930s Tasukichi Yasuba
7. The battle of the plans: a macroeconometric model of the interwar economy T. J. Valentine
8. Australian budgetary policies in the 1930s J. J. Pincus
9. Monetary policy in depression and recovery M. W. Butlin and P. M. Boyce
10. Sharing the burden: the Australian labour market during the 1930s R. C. Gregory, V. Ho and L. McDermott
11. Manufacturing and economic recovery in Australia, 1932–1937 Mark Thomas
12. Agriculture and the recovery from the depression B. R. Davidson
13. Unemployment and the Australian economic recovery of the 1930s C. Forster
14. Government unemployment relief in the 1930s: aid or hindrance to recovery? G. D. Snooks
15. Unequal sacrifice: distributional aspects of depression and recovery in Australia Ian W. McLean
References
Index.

Subject Areas: Economic history [KCZ]