Beyond the Boom: A Lowy Institute Paper: Penguin Special

After decades of prosperity Australians are now worried about their jobs, their incomes and their future. The mining boom, said to explain Australia''s past success, is declared to be over. Unemployment has increased, carmakers have folded, the government is running a huge deficit.

In a striking analysis, economist John Edwards challenges the prevailing pessimism. Cutting through the confusion, Ed...