Australia in the World Crisis, 1929 1933

Douglas Berry Copland (1894-1971) was a renowned economist and diplomat. Originally published in 1934, this book was based upon the Alfred Marshall lectures delivered by Copland at the University of Cambridge during October and November 1933. The text offers an account of the Great Depression as it happened in Australia, presenting an outline of the economic crisis and sketching the main lines of policy pursued in reaction to it. A diary of events is also provided, along with statistical tables and charts. This book will be of value to anyone with an interest in Australian economic history, economic policy and the Great Depression.

Diary of the Australian crisis; 1. Basis of Australian prosperity - 1925 to 1929; 2. The impact of the crisis - loss of income; 3. Alternative methods of adjustment - the economists' plan; 4. The flexibility of institutions; 5. The balance of payments and exchange control; 6. Deflationary action - costs of industry and public expenditure; 7. Inflationary action - public finance and banking policy; 8. Forms of control for economic recovery; Appendix. Statistical tables; Addendum; Index.