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Monday, 10 May 2010
Why Australia Prospered
Author: Ian W. McLean Edition: Publisher: Princeton University Press Binding: Hardcover ISBN: 0691154678 Price: You Save: 30%
Why Australia Prospered: The Shifting Sources of Economic Growth (Princeton Economic History of the Western World)
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 review. 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 modernizationRead full reviews of why australia prospered - ian w. mclean (hardcover).
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Powered by Frooition Pro Click here to view full size. Full Size Image Click to close full size. Why Australia Prospered - Book NEW Author(s): Ian W. McLean Format: Hardcover # Pages: 281 ISBN-13: 9780691154671 Published: 11/11/2012 Language: English Weight: 1.30 pounds Brand new book. About Us Payment Shipping Customer Service FAQs Welcome to MovieMars All items are Brand New. We offer unbeatable prices, quick shipping times and a wide selection second to none. Purchases come with a 30-day Sat
author ian w mclean format hardback language english publication year 11 11 2012 series princeton economic history of the western world subject management business economics industry subject 2 economics professional general why australia prospered the shifting sources of economic growth princeton economic history of the western world ian w mclean title 9780691154671 why australia prospered the shifting sources of economic growth isbn 10 0691154678 isbn 13 9780691154671 author ian w mclean publis
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Why Australia Prospered : Hardback : Princeton University Press : 9780691154671 : 0691154678 : 11 Nov 2012 : Offers a 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. This title argues that Australia's remarkable prosperity across nearly two centuries was reached and maintained by several shifting factors.
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.
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