It does seem, however, that the market is much more prepared to give the Australian economy the benefit of the doubt than it formerly was. To return to my earlier theme, I think that is because the totality of policies in Australia are now judged much more favourably than they were in earlier years. Virtue does seem to have its own rewards.
BIS Review 58/1999  8  Graph 8  Net Foreign Debt Per cent of GDP  %  %  40  40  30  30  20  20  10  10  0  1983  1986  Graph 9  1989  1992  1995  1998  0  Net Debt Servicing Per cent of exports  %  %  20  20  15  15  10  10  5  5  0  1983  1986  1989  9  1992  1995  1998  0  BIS Review 58/1999