Treasurer Wayne Swan recently noted that Australia is now the 12th largest economy (based upon GDP). Moreover he boasted how Australia has moved up 3 places in the rankings since the Howard Government. However, is this the whole story. Dr Tom Conley takes a more in-depth look at GDP versus PPP rankings in his article with The Conversation. Read the whole article here.
Punching above our weight: sizing up Australia’s Economy
29 October 2012
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