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| | Australian Parliamentary Library - Current Issues Brief 8 1997-98 |
 | | Australian economic growth in the short term is likely to be lower than it otherwise would be because of the South-East Asian crisis. |
 | | Estimates of reductions in Australian economic growth resulting from this negative external shock currently range from 0.2 to 1.0 percentage point falls in the next year or two.(13) Initial estimates were at the low end of the range, but more recent forecasts have generally been higher, as more adverse information has been received. |
 | | Ian MacFarlane, Governor of the Reserve Bank of Australia, Testimony to the House of Representatives Standing Committee on Financial Institutions and Public Administration, Sydney, 6 November 1997; Chris Caton, 'Crisis Flow-On Minimal', The Australian, 4 November 1997, p. |
| www.aph.gov.au /library/pubs/cib/1997-98/98cib08.htm (3431 words) |
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