Why Australia Prospered: The Shifting Sources of Economic Growth
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Princeton, N.J.
Princeton University Press
2012
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| Schriftenreihe: | The Princeton Economic History of the Western World
|
| Schlagworte: | |
| Online-Zugang: | Volltext Volltext |
| Beschreibung: | Biographical note: McLeanIan W.: Ian W. McLean is currently a visiting research fellow in economics at the University of Adelaide, where he taught for many years. He is the coeditor of "The Australian Economy in the Long Run" Main description: 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. 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 |
| Beschreibung: | 1 Online-Ressource (312 S.) |
| ISBN: | 9781400845439 |
| DOI: | 10.1515/9781400845439 |
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| spelling | McLean, Ian W. Verfasser aut Why Australia Prospered The Shifting Sources of Economic Growth Princeton, N.J. Princeton University Press 2012 1 Online-Ressource (312 S.) txt rdacontent c rdamedia cr rdacarrier The Princeton Economic History of the Western World Biographical note: McLeanIan W.: Ian W. McLean is currently a visiting research fellow in economics at the University of Adelaide, where he taught for many years. He is the coeditor of "The Australian Economy in the Long Run" Main description: 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. 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 Geschichte gnd rswk-swf 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 (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 1\p DE-604 https://doi.org/10.1515/9781400845439 Verlag Volltext http://www.degruyter.com/search?f_0=isbnissn&q_0=9781400845439&searchTitles=true Verlag Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | McLean, Ian W. Why Australia Prospered The Shifting Sources of Economic Growth 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 |
| title_fullStr | Why Australia Prospered The Shifting Sources of Economic Growth |
| title_full_unstemmed | Why Australia Prospered The Shifting Sources of Economic Growth |
| 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 | 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 | Wirtschaftswachstum Wachstumspolitik Wirtschaftsentwicklung Wirtschaftspolitik Australien |
| url | https://doi.org/10.1515/9781400845439 http://www.degruyter.com/search?f_0=isbnissn&q_0=9781400845439&searchTitles=true |
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