Great Expectations: Microeconomic Reform and Australia

Publications details
Quiggin, J. (1996), Great Expectations: Microeconomic Reform and Australia, Allen and Unwin, Sydney.
This book is a critical assessment of microeconomic reform in Australia. The historical developments leading up to the adoption of the microeconomic reform policy framework are discussed. Microeconomic reform policies in areas including tariffs, airline deregulation, financial deregulation, telecommunications policy, privatisation, competitive tendering and contracting and privatisation are critically assessed. The net benefits of microeconomic reform are assessed and shown to be considerably smaller than claimed in a number of official studies.

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Review by Fred Gruen, Agenda

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