A global recession looks increasingly likely – but here's how Australia could escape it
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
ShutterstockGlobal stock markets are tanking on fears of recessions in the US, the UK and Europe, and the OECD is actually forecasting recessions in Europe.
So is recession now inevitable in Australia? Not at all.
The good news is there are several reasons to think Australia might be able to escape a global slide into recession – though it...
