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THE POLITICAL ECONOMY OF AUSTRALIA’S TRADE AND ECONOMIC REFORMS: PROCESS AND LESSONS
This research paper by Bill Bowen analyzes the political economy of Australia's unilateral trade and economic reforms from the 1970s through the early 2000s. It examines how the country transitioned from a highly protected 'fixed price country' to a competitive global economy, highlighting the roles of independent research bodies, political leadership, and social compensation mechanisms. The document is intended to provide lessons for South Africa as it considers similar reform paths.
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Document type: Research paper
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