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Why Australia Prospered: The Shifting Sources of Economic Growth by Ian W. McLean (Hardcover, 2012)

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Why Australia Prospered - The Shifting Sources ofAuthor: Ian W. Mclean.

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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.

Product Identifiers

Publisher
Princeton University Press
ISBN-13
9780691154671
eBay Product ID (ePID)
128941820

Product Key Features

Author
Ian W. Mclean
Publication Name
Why Australia Prospered: the Shifting Sources of Economic Growth
Format
Hardcover
Language
English
Subject
Economics, History
Publication Year
2012
Type
Textbook
Number of Pages
304 Pages

Dimensions

Item Height
235mm
Item Width
152mm
Item Weight
539g

Additional Product Features

Title_Author
Ian W. Mclean
Series Title
The Princeton Economic History of the Western World
Country/Region of Manufacture
United States

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Why Australia Prospered: The Shifting Sources of Economic Growth by Ian W. McLean (Hardcover, 2012)

All listings for this product

item 1 Why Australia Prospered - The Shifting Sources of

item 2 Why Australia Prospered: The Shifting Sources of Econom - HardBack NEW McLean, I

item 3 Why Australia Prospered: The Shifting Sources of Economic Growth by Ian W. McLea

item 4 Why Australia Prospered The Shifting Sources of Economic Growth 9780691154671

item 5 Why Australia Prospered: The Shifting Sources of Economic Growth

item 6 Why Australia Prospered: The Shifting Sources o, McLean^+

item 7 Why Australia Prospered : The Shifting Sources of Economic Growth, Hardcover ...

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best-selling in Adult Learning & University

Secrets Of Mental Math: The Mathemagician's Guide to Lightening Calculation and Amazing Maths Tricks by Arthur Benjamin, Michael Shermer (Paperback, 2006)

Never Split the Difference: Negotiating as if Your Life Depended on It by Chris Voss, Tahl Raz (Paperback, 2017)

Die with Zero: Getting All You Can from Your Money and Your Life by Bill Perkins (Paperback, 2021)

The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel (Paperback, 2020)

Code of Practice for In-service Inspection and Testing of Electrical Equipment by The Institution of Engineering and Technology (Paperback, 2020)

The Red Book: A Reader's Edition by C. G. Jung (Hardcover, 2012)

New Functional Skills Maths Level 2 - Study & Test Practice (for 2020 & beyond) by CGP Books (Paperback, 2015)

Save on Adult Learning & University

This Is Why You Dream: What your sleeping brain reveals about your waking life b

Zero to One: Notes on Start Ups, or How to Build the Future by Thiel, Peter The

The Concise Laws of Human Nature by Robert Greene Paperback, English

Zolpidem, zopiclone and driving in the elderly Use of zolpidem BOOK

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