Why Australia Prospered: The Shifting Sources of Economic Growth
Language: English
Published by Princeton University Press, 2012
Series: Book 26 of 58 - The Princeton Economic History of the Western World
- Hardcover
- Used
Seller: Barclay Books, York, WA, AustraliaBarclay Books
AbeBooks seller since October 22, 2015
Condition: Used
£ 24.43
Quantity: 1 available
Add to basketItem description from seller
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. 2013. First edition, first printing. A near fine copy only marked by a previous owners name sticker to the front free endpaper. The d/w is fine.…
Seller Inventory # 12390567
- Title
- Why Australia Prospered: The Shifting Sources of Economic Growth
- Author
- Ian W. McLean
- Publisher
- Princeton University Press
- Publication year
- 2012
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0691154678
- ISBN 13
- 9780691154671
- Edition
- 1211.
- Dimensions
- 229mm X 152mm X 25mm
- Series
- Book 26 of 58: The 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 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.
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Barclay Books
York, WA, Australia
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Barclay Books is a new,used and rare book store situated in the beautiful historic town of York, Western Australia. York is Western Australia's oldest inland town and being only 100km from Perth it is popular with tourists for it's charming period buildings and scenic Avon Valley setting. We are long time book collectors ourselves and understand the needs of collectors in regards to accurate book descriptions. We welcome any enquiry regarding our stock prior to purchase. Our opening hours are usually 9am - 5pm Thurs to Sun and Public Holidays or by appointment.…
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