Why Australia Prospered

Why Australia Prospered
Author: Ian W. McLean
Publisher: Princeton University Press
Total Pages: 300
Release: 2016-05-24
Genre: Business & Economics
ISBN: 0691171335

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This book is the first comprehensive account of how Australia attained the world's highest living standards within a few decades of European settlement, and how the nation has sustained an enviable level of income to the present. Why Australia Prospered is a fascinating historical examination of how Australia cultivated and sustained economic growth and success. Beginning with the Aboriginal economy at the end of the eighteenth century, Ian McLean argues that Australia's remarkable prosperity across nearly two centuries was reached and maintained by several shifting factors. These included imperial policies, favorable demographic characteristics, natural resource abundance, institutional adaptability and innovation, and growth-enhancing policy responses to major economic shocks, such as war, depression, and resource discoveries. Natural resource abundance in Australia played a prominent role in some periods and faded during others, but overall, and contrary to the conventional view of economists, it was a blessing rather than a curse. McLean shows that Australia's location was not a hindrance when the international economy was centered in the North Atlantic, and became a positive influence following Asia's modernization. Participation in the world trading system, when it flourished, brought significant benefits, and during the interwar period when it did not, Australia's protection of domestic manufacturing did not significantly stall growth. McLean also considers how the country's notorious origins as a convict settlement positively influenced early productivity levels, and how British imperial policies enhanced prosperity during the colonial period. He looks at Australia's recent resource-based prosperity in historical perspective, and reveals striking elements of continuity that have underpinned the evolution of the country's economy since the nineteenth century.

Australia in the International Economy

Australia in the International Economy
Author: Barrie Dyster
Publisher: CUP Archive
Total Pages: 388
Release: 1990-08-31
Genre: Business & Economics
ISBN: 9780521336895

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The authors trace the relationship between Australia's economic well being and the international economy from the late nineteenth-century onwards. This book fills the need for an introductory text in this area for undergraduate students of economics, politics and history and for the general reader who wishes to understand how the Australian economy operates.

Australia in the Global Economy

Australia in the Global Economy
Author: Barrie Dyster
Publisher: Cambridge University Press
Total Pages: 445
Release: 2012-09-13
Genre: Business & Economics
ISBN: 1107683831

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Explores the evolution of Australia's position in the global economy from the start of the twentieth century through to today.

The Vulnerable Country

The Vulnerable Country
Author: Tom Conley
Publisher: UNSW Press
Total Pages: 325
Release: 2009
Genre: Business & Economics
ISBN: 1742230121

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Focusing on Australia’s position within the global economy, this thorough reference presents a striking picture of the interaction between politics and economics. Beginning with historical analysis of this relationship, the study presents Australia’s origins as a convict settlement through its development of self-governing colonies to its ultimate development as a federation. Addressing such questions as How did Australia transform from a protected, insular country to an outwardly focused, globalized one? and Why, in the current economic climate, should Australia resist a return to its protectionist past?, this extensively researched account argues that now, more than ever, the state has a responsibility to promote diversification of trade while regulating economic activity and ensuring that the benefits of growth are spread as widely as possible.

Australia's Economy in Its International Context, Volume 2: 1956–2012

Australia's Economy in Its International Context, Volume 2: 1956–2012
Author: Kym Anderson
Publisher: University of Adelaide Press
Total Pages: 711
Release: 2012
Genre: Business & Economics
ISBN: 1922064432

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This two-volume collection brings together the first 56 Joseph Fisher Lectures in economics and commerce, presented at the Adelaide University every other year since 1904. Funds for the Lectures, together with a medal for the top accounting student each year, were kindly provided by a £1,000 endowment to the University by the prominent Adelaide businessman Joseph Fisher in 1903. The Lectures address a wide range of Australian economic issues, in addition to some international economic issues of national significance. They have stood the test of time extremely well, while also providing a reminder of the events and concerns that were prominent at different times during the past century.

Australian Services Trade in the Global Economy

Australian Services Trade in the Global Economy
Author: OECD
Publisher: OECD Publishing
Total Pages: 185
Release: 2018-10-23
Genre:
ISBN: 926430391X

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This book presents an in depth analysis of the contribution of services to the Australian economy, the regulatory environment of the services sector and its performance in an international context. The analysis highlights the importance of co-ordinated domestic policy action, priorities for ...

Australia's Economy in Its International Context: Volume 1: 1904-1954

Australia's Economy in Its International Context: Volume 1: 1904-1954
Author: Kym Anderson
Publisher: University of Adelaide Press
Total Pages: 760
Release: 2009
Genre: Business & Economics
ISBN: 098067235X

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This two-volume collection brings together the first 53 Joseph Fisher Lectures in economics and commerce, presented at the Adelaide University every other year since 1904. Funds for the Lectures, together with a medal for the top accounting student each year, were kindly provided by a £1,000 endowment to the University by the prominent Adelaide businessman Joseph Fisher in 1903. The Lectures adress a wide range of Australian economic issues, in addition to some international economic issues of national significance. They have stood the test of time extremely well, while also providing a reminder of the events and concerns that were prominent at different times during the past century.

Australia's Competitiveness

Australia's Competitiveness
Author: Michael J. Enright
Publisher: John Wiley & Sons
Total Pages: 320
Release: 2016-03-15
Genre: Business & Economics
ISBN: 1118497376

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In this in-depth overview of Australia's economy, Michael Enright and Richard Petty — leading scholars on international competition—look at the data behind the news reports to offer a complete view of Australia's stable and wealthy economy. The book compares Australia with other similarly sized OECD economies as well as other Asia-Pacific economies and looks at fifteen international sources of data on competitiveness. It features a large-scale survey on Australian companies and offers deep insight on the country's future in terms of economics and economic policy. Revealing an honest assessment of Australia's true position in the world, the book looks at how Australian businesses see themselves and offers policy positions for government and firms to make the most of Australia's unique global economic position. Backed by CPA Australia, one of the world's largest accounting bodies Written by two global authorities on economic competitiveness Captures the thinking of more than 6,000 business leaders both within and outside of Australia Explains how Australia has weathered the global recession and looks at Australia's relationship with China For business leaders and policy makers in need of an in-depth look at the current and future state of Australia's economy, this book offers valuable and comprehensive information.

The Cambridge Economic History of Australia

The Cambridge Economic History of Australia
Author: Simon Ville
Publisher: Cambridge University Press
Total Pages: 710
Release: 2014-10-08
Genre: Business & Economics
ISBN: 1316194485

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Australia's economic history is the story of the transformation of an indigenous economy and a small convict settlement into a nation of nearly 23 million people with advanced economic, social and political structures. It is a history of vast lands with rich, exploitable resources, of adversity in war, and of prosperity and nation building. It is also a history of human behaviour and the institutions created to harness and govern human endeavour. This account provides a systematic and comprehensive treatment of the nation's economic foundations, growth, resilience and future, in an engaging, contemporary narrative. It examines key themes such as the centrality of land and its usage, the role of migrant human capital, the tension between development and the environment, and Australia's interaction with the international economy. Written by a team of eminent economic historians, The Cambridge Economic History of Australia is the definitive study of Australia's economic past and present.