Research Discussion Paper – RDP 9002 Public Sector Growth and the Current Account in Australia: A Longer Run Perspective



This paper is a revised and abbreviated version of a paper prepared for the conference on “Australian Economic Policy”, 27–28 November 1989, sponsored by the Centre for Economic Policy Research, ANU. The authors thank Barry Bosworth, Paul Brennan, John Edwards, Hans Genberg, David Gruen, Fred Gruen, Ross Milbourne, Martin Parkinson, Ed Shann, Rob Trevor, and especially Max Corden for helpful comments. The views expressed are those of the authors and should not to be interpreted as the views of the Reserve Bank of Australia or The Brookings Institution. [*]