Boyer Lectures - Fast, Smart And Connected: What Is It To Be Human, And Australian, In A Digital World?
Lecture 4: The Recession of 1990 and its Legacy
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:29:29
- More information
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Synopsis
Finance excess saw boom turn to bust, and Australia experience its third recession in a quarter of a century. Then-treasurer Paul Keating would infamously observe it was 'the recession we had to have.' Perhaps it was—or was it caused by overly tight monetary policy?