Australia and the depression

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Responses by Australian governments to the Great Depression were largely inadequate; however, it is necessary to identify the sources of these inadequacies. Attempts made by the Scullin Government to implement effective policy responses to the problems of the Great Depression were significantly impaired by a number of factors; consequently relevant policies are analysed separately. Among the impediments were a lack of support from London, New York and Australian Bankers, conflict with the Commonwealth Bank, large …

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…Pincus, JJ (1985), 'Australian Budgetary Policies in the 1930s', Recovery from the Depression, Cambridge University Press, England. Schedvin C.B (1970), Australia and the Great Depression , Sydney University Press, Australia. Sinclair W.A (1985), 'Relative Contributions of Public and Private Investment to the Recovery Process', Working Papers in Economic History, The Australian National University, Australia. Valentine T.J, (1978), 'The Battle of the Plans: A Macroeconomic Model of the Interwar Economy', paper presented to Seventh Conference of Economists, Sydney.