Why Australia Prospered
Why Australia Prospered
The Shifting Sources of Economic Growth
By Ian W. McLeanThis 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.
GIFT WRAPPING
GIFT WRAPPING
Gift Wrapping available. Select the Gift Wrap option in your cart prior to checkout.
BOOK DETAILS
BOOK DETAILS
Format: Hardback
ISBN: 9780691154671
Publish/Release date:
Publisher: Princeton University Press
Number of pages: 304
Width (mm): 152
Height (mm): 235
Depth (mm):
Share this product
Reserve and collect
You are reserving this item at Harry Hartog Australian National University. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Bondi Junction. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Burnside Village. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Carindale. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Green Hills. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Kotara. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Macquarie. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Maroochydore. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Marrickville. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Miranda. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Narellan. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Penrith. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Tuggeranong. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Warringah. Reservations are held for 24 hours.
Reserve and collect
You are reserving this item at Harry Hartog Woden. Reservations are held for 24 hours.
Gift Vouchers and Curated Book Recommendations
-
Harry Hartog Gift Voucher
Regular price From $30.00 AUDRegular priceUnit price / per -
Bibliotonic For Youths
Regular price $75.00 AUDRegular priceUnit price / per -
Children's Book Subscription
Regular price From $110.00 AUDRegular priceUnit price / per -
Harry Hartog Book Subscription
Regular price From $138.00 AUDRegular priceUnit price / per -
Harry Hartog Cookbook Subscription
Regular price From $200.00 AUDRegular priceUnit price / per -
Bibliotonic For Adults
Regular price $150.00 AUDRegular priceUnit price / per
- Choosing a selection results in a full page refresh.
- Opens in a new window.