Australia: In search of itself.

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  • Author(s): Button, J.
  • Source:
    TIME Magazine. 5/4/1992, Vol. 139 Issue 18, p56. 4p. 5 Color Photographs.
  • Additional Information
    • Subject Terms:
      AUSTRALIAN economy; ECONOMICS
    • Abstract:
      Speculates that with an unemployment rate exceeding ten percent, the downturn has deepened foreboding that after decades of easy living, the reckoning has arrived and Australia is being left behind economically. Level of apprehension; Inability to continue reliance on natural resources; Prime Minister Paul Keating's recipe for an Australia freed from ties with the monarchy; Background of economic problems; Reducing immigration; Reinventing industrial life; Asian link.