Overall, the efficiency gains from microeconomic policies should lead not only to rises in national income and living standards but also the economy's ability to absorb shocks transmitted from the global economy such as the fall in the terms of trade in 1986; the 1997 Asian crisis; and the US and global slowdowns over 2001-03. ... Total or multifactor productivity in Australia grew by 0.7%, well below the OECD average of 1.3% in the same period [Refer to source]. ... OBJECTIVES AND STRUCTURAL CHANGES Meeting the objectives of microeconomic reform will assist macroeconomic objectives, eg i...

• Word Count: 1779
• Approx Pages: 7
• Grade Level: Undergraduate

Australia has an incredible sense of space to people living in densely populated Asian cities. We also have a very high standard of living to offer to our citizens. ... ASIA AND AusAID The Australian Government's overseas aid program reaches more than 58 million people living in poverty around the world, with most of its activities taking place in the Asia-Pacific region.Papua New Guinea receives the largest share at $325 million, the South Pacific receives $112.2 million, South East Asia receives $252 million, North Asia, South Asia and Africa receive $124.3 million, Bangladesh- $1...

• Word Count: 1471
• Approx Pages: 6
• Grade Level: Undergraduate

They bring people's lives into our living rooms. ... For example, a close up of a person shows emotion, a shot taken from above a person can make the person look unimportant, unimpressive, afraid or small; while a view of someone from below can make them see tall, powerful or important. ...

• Word Count: 1308
• Approx Pages: 5
• Grade Level: High School

Overview Australia suffered an economic softening during the late 20th century due to economic reform and global recession. In particular was the Asian economic crisis, which occurred from mid-1997 to early 1999. Although the global recession centered on Asia, it effected Australia because Asia...

• Word Count: 1814
• Approx Pages: 7
• Has Bibliography