A small segment from chapter 19 of paul kellys book

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A small segment from Chapter 19 of Paul Kelly‟s book has been included here for you to study. Chapter 19 is entitled The 1980’s Boom (it is actually much lengthier, in total, in fact, than the small sample- extract provided herein). This study material will provide you with valuable insights into how deceptively easy it is for Governments to „get it wrong‟ in respect to economic policy. No one government is immune from this -it has been happening for many, many years. In fact, Kelly‟s analysis demonstrates that political leaders are as susceptible as anyone else (if not more so, perhaps) to the human emotional foibles of „greed‟, hubris, false pride, so -ca lled „spin - doctoring‟, self -glorification and excessive ego. This learning material also constitutes somewhat of a „history lesson‟, by virtue of its excellent descriptions of the over - heated „Boom‟ which occurred in this country during the late 19 80‟s. This excerpt from Kelly‟s work also describes the complex web of inter - relationships shared by other key contributing factors which give rise to cyclic excesses -for example, overseas economic events, and domestic irresponsible lending practices by financiers. A similar, smaller excerpt from Chapter 26 of the same book is also included within Reading No. 10.2 (only six pages out of this much lengthier total chapter have been included herein, as a representative edited „sampler‟ ). Chapter 26 is entitled Towards The Recession , and provides equally good learning material in respect to the massive „bust‟ which occurred in Australia during the period 1990 93, and the manner in which the Federal Government at the time allowed it to happen. Some students, on their own initiative and out of „pure interest‟, may like to consider pursuing further OPTIONAL, non-Exam- related studies from this excellent book by Paul Kelly - a full reading of Chapters 19 and 26 in their entirety would prove particularly fruitful for you. The full text reference is as follows : * Kelly, P. 1992 The End of Certainty - The Story of The 1980’s , published by Allen & Unwin Pty Ltd, 9 Atchison St Leonards NSW.
10.4 The Implications of Economic Cycles in the Commercial Property Management Process. The implications of Economic and Property Cycles for Property Managers and the commercial property management process are considerable. We really only have time to cover this sub-topic in a brief, summarised form. The coverage provided below constitutes the limits of what you need to know and understand for the purposes of this 200600 subject. We have already emphasised the importance of identifying current and estimated future cyclic trends and positioning, from the market analysis and research perspective. Economic and Property Cycle trends can come into play in the following Commercial Property Management and Asset Management activities at the micro-cosmic level : New Leasing Negotiations & Future Rent Reviews -TIMING in the Cycle.

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