Linkage Projects - Grant ID: LP0669280

Funding Activity

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Funded Activity Summary

Investigating the Concordance and Transmission of International Business Cycles. Business cycle recessions are costly. Apart from the economic cost, there is the devastating social and psychological impact of unemployment on individuals and families. The 1990/91 recession cost Australia somewhere between $25 and $30 billion in lost output and resulted in a half a million additional unemployed. Australia will certainly experience another recession and, given its openness to international influences, it is likely that it will originate elsewhere in the world. In delivering a greater understanding of the interdependencies in international business cycles, the project will assist economic policymakers in their efforts to ameliorate Australia's next recession.

Funded Activity Details

Start Date: 01-07-2006

End Date: 31-12-2010

Funding Scheme: Linkage Projects

Funding Amount: $145,000.00

Funder: Australian Research Council