Why Australia prospered: the shifting sources of economic growth
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Princeton, NJ [u.a.]
Princeton Univ. Press
2013
|
| Schriftenreihe: | The Princeton economic history of the Western world
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | XIV, 281 S. graph. Darst., Kt. |
| ISBN: | 9780691154671 |
Internformat
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Datensatz im Suchindex
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| adam_text | Titel: Why Australia prospered
Autor: McLean, Ian W
Jahr: 2013
Contents
List of Figures ix
List of Tables xi
Preface and Acknowledgments xiii
Map xvi
chapter 1 Introduction: Weaving Analysis and Narrative 1
chapter 2 What Is to Be Explained, and How 11
Comparative Levels of GDP Per Capita 11
Booms, Busts, and Stagnation in Domestic Prosperity 15
Other Indicators of Economic Prosperity 19
From Evidence to Analysis 25
Extensive Growth and Factor Accumulation 27
Growth Theory and Australian Economic Historiography 29
Recent Themes in Growth Economics 32
chapter 3 Origins: An Economy Built from Scratch? 37
The Pre-1788 Economy of the Aborigines 38
The Aboriginal Contribution to the Post-1788 Economy 42
The Convict Economy and Its Peculiar Labor Market 44
Further Features of the Economy Relevant to Later Prosperity 50
British Subsidies and Australian Living Standards 53
chapter 4 Squatting, Colonial Autocracy, and Imperial Policies 57
Why the Wool Industry Was So Efficient 58
Evolution of Political Institutions: From Autocracy to Responsible
Government 63
The Labor Market: Ending Transportation, Preventing Coolie
Immigration 67
Thwarting the Squatters: Land Policies to 1847 69
Other Determinants of Early Colonial Prosperity 73
The Argentine Road Not Taken 76
chapter 5 Becoming Very Rich 80
The Economic Effects of Gold: Avoiding the Resource Curse 84
Sustaining Economic Prosperity Following the Rushes 90
vi • Contents
Consolidating Democracy and Resolving the Squatter-Selector
Conflict 96
Openness and Growth 100
Rural Productivity and Its Sources 108
chapter 6 Depression, Drought, and Federation 113
Explaining Relative Incomes 113
Eating the Seed Corn? 116
Boom, Bubble, and Bust: A Classic Debt Crisis 119
Why Was Recovery So Slow? Comparison with Other Settler
Economies 125
Tropics, Crops, and Melanesians: Another Road Not Taken 132
Economic Effects of Federation 135
Accounting for the Loss of the Top Spot in Income Per Capita 139
chapter 7 A Succession of Negative Shocks 144
Why Was the Economic Impact of World War I So Severe? 147
Why No Return to Normalcy? 148
Pursuing Rural Development—A Field of Dreams? 154
Growth in Other Settler Economies 157
Debt Crisis, Then Depression—Policy Responses and Constraints 160
Imperial Economic Links—Declining Net Benefits 165
Could the Post-1960 Mineral Boom Have Occurred Earlier? 170
The Debate over Stagnant Living Standards 173
chapter 8 The Pacific War and the Second Golden Age 176
Why the Pacific War Fostered Domestic Growth 177
The Golden Age Was Not Uniquely Australian 183
Export Growth, Factor Inflows, and the Korean War Wool Boom 186
Macroeconomic Theory and Policies—What Role? 191
Location Advantage: Asian Industrialization and Changing Trade
Partners 193
High Tide for Australian Industrialization 196
Underinvestment in Human Capital? 199
The Debate over Postwar Growth Performance 205
chapter 9 Shocks, Policy Shifts, and Another Long Boom 210
Why Did the Postwar Economic Boom End? 212
The Reemergence of a Booming Mining Sector 215
Macroeconomic Management in the 1970s 217
Economic Policy Shifts in the 1980s 219
Reevaluations 224
The Quarry Economy: The Return of Resources-Based Prosperity 228
The Contribution of Economic Reforms to Productivity 235
Contents • vii
Sustaining Prosperity through Boom and Bubble—A Historical
Perspective 241
chapter 10 The Shifting Bases of Prosperity 246
Appendix Note on Statistics and Sources 257
References 259
Index 277
|
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| spelling | McLean, Ian W. Verfasser (DE-588)130055433 aut Why Australia prospered the shifting sources of economic growth Ian W. McLean Princeton, NJ [u.a.] Princeton Univ. Press 2013 XIV, 281 S. graph. Darst., Kt. txt rdacontent n rdamedia nc rdacarrier The Princeton economic history of the Western world Includes bibliographical references and index Geschichte gnd rswk-swf Wirtschaftsentwicklung Wirtschaftspolitik Economic development Australia Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Wachstumspolitik (DE-588)4124417-5 gnd rswk-swf Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Australien Australia Economic policy 21st century Australien (DE-588)4003900-6 gnd rswk-swf Australien (DE-588)4003900-6 g Wirtschaftsentwicklung (DE-588)4066438-7 s Wirtschaftswachstum (DE-588)4066527-6 s Wirtschaftspolitik (DE-588)4066493-4 s Wachstumspolitik (DE-588)4124417-5 s Geschichte z DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025735537&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | McLean, Ian W. Why Australia prospered the shifting sources of economic growth Wirtschaftsentwicklung Wirtschaftspolitik Economic development Australia Wirtschaftswachstum (DE-588)4066527-6 gnd Wachstumspolitik (DE-588)4124417-5 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd |
| subject_GND | (DE-588)4066527-6 (DE-588)4124417-5 (DE-588)4066438-7 (DE-588)4066493-4 (DE-588)4003900-6 |
| title | Why Australia prospered the shifting sources of economic growth |
| title_auth | Why Australia prospered the shifting sources of economic growth |
| title_exact_search | Why Australia prospered the shifting sources of economic growth |
| title_full | Why Australia prospered the shifting sources of economic growth Ian W. McLean |
| title_fullStr | Why Australia prospered the shifting sources of economic growth Ian W. McLean |
| title_full_unstemmed | Why Australia prospered the shifting sources of economic growth Ian W. McLean |
| title_short | Why Australia prospered |
| title_sort | why australia prospered the shifting sources of economic growth |
| title_sub | the shifting sources of economic growth |
| topic | Wirtschaftsentwicklung Wirtschaftspolitik Economic development Australia Wirtschaftswachstum (DE-588)4066527-6 gnd Wachstumspolitik (DE-588)4124417-5 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd |
| topic_facet | Wirtschaftsentwicklung Wirtschaftspolitik Economic development Australia Wirtschaftswachstum Wachstumspolitik Australien Australia Economic policy 21st century |
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