the nature, purpose and net benefits of economic growth policies, and the need to further embrace globalisation and the liberalisation of markets the dangers in the current trend of not maintaining Australia’s international competitiveness, including declining relative prosperity over time and the consequent lost opportunities for social and environmental improvements, income redistribution, and structural adjustment policies to mitigate the adverse effects of disruptive change. Explanatory publications suitable for general public assimilation that support the above messages should be provided online. An example might be a series of papers similar to those produced by the Economic Planning Advisory Council (EPAC) in the microeconomic reform period of the 1980s and 90s, updated to reflect current circumstances. The Productivity Commission would be the appropriate vehicle for the establishment and progression of this initiative. Regards, Les Godfrey
the nature, purpose and net benefits of economic growth policies, and the need to further embrace globalisation and the liberalisation of markets the dangers in the current trend of not maintaining Australia’s international competitiveness, including declining relative prosperity over time and the consequent lost opportunities for social and environmental improvements, income redistribution, and structural adjustment policies to mitigate the adverse effects of disruptive change. Explanatory publications suitable for general public assimilation that support the above messages should be provided online. An example might be a series of papers similar to those produced by the Economic Planning Advisory Council (EPAC) in the microeconomic reform period of the 1980s and 90s, updated to reflect current circumstances. The Productivity Commission would be the appropriate vehicle for the establishment and progression of this initiative. Regards, Les Godfrey
sub002-productivity-review.docx