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Why Australia Prospered - The Shifting Sources of
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eBay item number:375287811595
Item specifics
- Condition
- Book Title
- Why Australia Prospered - The Shifting Sources of
- ISBN
- 9780691154671
- Publication Year
- 2012
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- Why Australia Prospered: the Shifting Sources of Economic Growth
- Item Height
- 235mm
- Publisher
- Princeton University Press
- Item Width
- 152mm
- Subject
- Economics, History
- Item Weight
- 539g
- Number of Pages
- 304 Pages
About this product
Product Information
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
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
Series Title
The Princeton Economic History of the Western World
Country/Region of Manufacture
United States
Item description from the seller
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Angela Gillett
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