TY - BOOK ID - 14275015 TI - Why Australia prospered : the shifting sources of economic growth PY - 2013 SN - 1283683563 1400845432 9781400845439 0691154678 0691171335 9781283683562 9780691154671 PB - Princeton, N.J. Princeton University Press DB - UniCat KW - Economic development KW - Economics. KW - Economic theory KW - Political economy KW - Development, Economic KW - Economic growth KW - Growth, Economic KW - Australia KW - New Holland KW - Osṭralyah KW - Usṭralyah KW - Australie KW - Avstralii︠a︡ KW - Nova Hollandia KW - Commonwealth of Australia KW - Australiese Gemenebes KW - أستراليا KW - Usturāliyā KW - كومنولث الأسترالي KW - Kūmunwālth al-Usturālī KW - Аўстралія KW - Aŭstralii︠a︡ KW - Australija KW - Австралийски съюз KW - Avstraliĭski sŭi︠u︡z KW - Австралийският съюз KW - Avstraliĭskii︠a︡t sŭi︠u︡z KW - Mancomunitat d'Austràlia KW - Awstralya KW - Komonwelt sa Awstralya KW - Australské společenství KW - Australien KW - Aŭstralio KW - Komunejo de Aŭstralio KW - Komunaĵo de Aŭstralio KW - Austraalia KW - Austraalia Ühendus KW - Αυστραλία KW - Aystralia KW - Κοινοπολιτεία της Αυστραλίας KW - Koinopoliteia tēs Aystralias KW - אוסטרליה KW - קהיליית אוסטרליה KW - Ḳehiliyat Osṭralyah KW - ʻAukekulelia KW - Ausztrália KW - Ausztrál Államszövetség KW - Ástralía KW - Samveldið Ástralía KW - Negara Persemakmuran Australia KW - Persemakmuran Australia KW - Austrālijas Savienība KW - Australijos Sandrauga KW - Австралија KW - Avstralija KW - Комонвелтот на Австралија KW - Komonveltot na Avstralija KW - Државна заедница Австралија KW - Državna zaednica Avstralija KW - Aostralia KW - Komanwel Australia KW - Awstralja KW - Ahitereiria KW - Whakaminenga o Ahitereiria KW - Австралия KW - Австралийский Союз KW - Avstraliĭskiĭ Soi︠u︡z KW - Mancomunidad de Australia KW - Awstralia KW - Cymanwlad Awstralia KW - Australian Government KW - Government of Australia KW - Economic policy KW - オーストラリア KW - Ōsutoraria KW - Economics KW - Statics and dynamics (Social sciences) KW - Development economics KW - Resource curse KW - Social sciences KW - Economic man KW - E-books KW - IMPERIALISM -- 325.9 KW - 19TH-20TH CENTURY -- 325.9 KW - AUSTRALIA -- 325.3 KW - PROSPERITY -- 325.3 KW - NATURAL RESOURCES -- 325.3 KW - GROWTH ENHANCING POLICY -- 325.3 KW - IMPERIALISM -- 325.3 KW - 19TH-20TH CENTURY -- 325.3 KW - GROWTH ENHANCING POLICY -- 325.9 KW - Австралийски съюз KW - Австралийският съюз KW - Австралийский Союз KW - Aboriginal economy. KW - Aboriginals. KW - Asian industrialization. KW - Australia. KW - Australian colonies. KW - Australian economy. KW - Australian history. KW - Britain. KW - British government. KW - China. KW - European settlement. KW - European settlers. KW - First World War. KW - GDP. KW - India. KW - Korean War. KW - Second World War. KW - agriculture. KW - ancient lineage. KW - capital flows. KW - civilian consumption. KW - domestic manufacturing. KW - domestic savings. KW - drought. KW - economic fortunes. KW - economic growth. KW - economic miracles. KW - economic prosperity. KW - energy sources. KW - farming. KW - financial outlays. KW - foreign investment. KW - free immigrants. KW - gold rushes. KW - growth economics. KW - import process. KW - income level. KW - industrialization. KW - institutional innovation. KW - international economic order. KW - labor force. KW - living standards. KW - manufacturing. KW - market-oriented approach. KW - mineral production. KW - mining. KW - modernization. KW - national prosperity. KW - pastoral development. KW - per capita income. KW - policy reforms. KW - political institutions. KW - poor countries. KW - postwar economic environment. KW - poverty. KW - productivity. KW - prosperity. KW - rich economies. KW - rich economy. KW - shifting basis. KW - war outbreak. KW - wool boom. KW - wool industry. KW - world depression. KW - world energy. KW - world trading system. KW - History of Oceania with Australia KW - anno 1800-1999 KW - anno 1700-1799 UR - https://www.unicat.be/uniCat?func=search&query=sysid:14275015 AB - 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. ER -