This paper examines Australia's scheme of unemployment protection and makes some comparisons with unemployment protection in the United States of America. A major concern of the paper is to understand the differences in unemployment duration between these two economies. Policies followed in the United States intended to reduce duration are reviewed for possible applicability in Australia.
On November 17, 2000, President Bill Clinton begins a four-day state visit to the Socialist Republic of Vietnam, the first visit ever by an American president to the unified country of Vietnam. He will be accompanied by Mrs. Clinton, daughter Chelsea, and several cabinet secretaries, most likely state, commerce, health and human services, veterans affairs, and the United States Trade Representative (USTR). A congressional delegation is also planned.
Topic:
International Relations, Foreign Policy, Democratization, Economics, Human Rights, and Politics
Political Geography:
United States, America, Vietnam, and Southeast Asia
What started in the summer of 1997 as a regional economic and financial crisis in East and Southeast Asia had developed into a global financial crisis within the span of a year. This crisis followed the crisis in the European Monetary System in 1992–3 and the Mexican peso crisis in 1994–5. However, unlike the previous two crises, the scale and depth of the Asian crisis surprised everyone. One obvious reason for this is East and Southeast Asia's track record of economic success. Since the 1960s, no other group of countries in the world has produced more rapid economic growth or such a dramatic reduction in poverty. Given so many years of sustained economic performance the obvious question is: how could events in Asia unfold as they did?