Rapidly rising prices and falling real incomes are encouraging households to postpone purchases of durable goods such as home appliances and cars, a signal that often accompanies a slowdown in the business cycle. Expensive durables such as cars, furniture, refrigerators, stoves, televisions and computers are the most cyclically sensitive part of consumer spending and usually .
Ron May has spent more than 50 years working in and on Papua New Guinea, including 32 years at The Australian National University (ANU), where he was one of the forces behind the establishment of State, Society and Governance in Melanesia, now the Department of Pacific Affairs.
Le taux d'abstention témoigne d'un profond scepticisme à l'égard du système politique monde-diplomatique.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monde-diplomatique.fr Daily Mail and Mail on Sunday newspapers.