Why Australia Prospered

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Release : 2016-05-24
Genre : Business & Economics
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Book Rating : 335/5 ( reviews)

Why Australia Prospered - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Why Australia Prospered write by Ian W. McLean. This book was released on 2016-05-24. Why Australia Prospered available in PDF, EPUB and Kindle. 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.

The Cambridge Economic History of Australia

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Release : 2014-10-08
Genre : Business & Economics
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Book Rating : 485/5 ( reviews)

The Cambridge Economic History of Australia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Cambridge Economic History of Australia write by Simon Ville. This book was released on 2014-10-08. The Cambridge Economic History of Australia available in PDF, EPUB and Kindle. Australia's economic history is the story of the transformation of an indigenous economy and a small convict settlement into a nation of nearly 23 million people with advanced economic, social and political structures. It is a history of vast lands with rich, exploitable resources, of adversity in war, and of prosperity and nation building. It is also a history of human behaviour and the institutions created to harness and govern human endeavour. This account provides a systematic and comprehensive treatment of the nation's economic foundations, growth, resilience and future, in an engaging, contemporary narrative. It examines key themes such as the centrality of land and its usage, the role of migrant human capital, the tension between development and the environment, and Australia's interaction with the international economy. Written by a team of eminent economic historians, The Cambridge Economic History of Australia is the definitive study of Australia's economic past and present.

Seize the Future

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Release : 2000
Genre : Business & Economics
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Book Rating : 059/5 ( reviews)

Seize the Future - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Seize the Future write by Alan Oxley. This book was released on 2000. Seize the Future available in PDF, EPUB and Kindle. A book about the emergence of a new global culture and why Australia is virtually purpose built to succeed in it.

Why Nations Fail

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Release : 2013-09-17
Genre : Business & Economics
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Book Rating : 227/5 ( reviews)

Why Nations Fail - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Why Nations Fail write by Daron Acemoglu. This book was released on 2013-09-17. Why Nations Fail available in PDF, EPUB and Kindle. Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Year Book Australia, 1988, No. 71

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Release : 1988
Genre : Australia
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Year Book Australia, 1988, No. 71 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Year Book Australia, 1988, No. 71 write by . This book was released on 1988. Year Book Australia, 1988, No. 71 available in PDF, EPUB and Kindle.