With contributions from economists in mainstream academic, public and private sectors, this book provides a debate on the title subject. The author advocates a defence of policies which favour market deregulation and increase resource movements in the economy, but still provide a role for the government in managing the economy, protecting the environment and ensuring fair competition This book is aimed at those who have an interest in Australia's present economic position and its future policy directions.
Professor Stephen King is Dean of the Faculty of Business and Economics at Monash University in Melbourne, Australia. Prior to joining Monash University, Stephen was a Member of the Australian Competition and Consumer Commission (ACCC). Before that, he was a Professor of Economics at the University of Melbourne and a Professor of Management (Economics) at the Melbourne Business School.
Stephen’s main areas of expertise are in Trade Practices economics, regulation and industrial organization. Stephen was a Lay Member of the High Court of New Zealand. His research in industrial economics has been published widely, including articles in major international economics journals such as the Journal of Political Economy and the Journal of Industrial Economics. In 1985, Stephen received the University Medal from ANU for his undergraduate studies in economics. He completed his PhD in economics from Harvard University in 1991. He is a Fellow of the Academy of Social Sciences in Australia.