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Australia Economy
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Book Synopsis Why Australia Prospered by : Ian W. McLean
Download or read book Why Australia Prospered written by Ian W. McLean and published by Princeton University Press. This book was released on 2016-05-24 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Australian Services Trade in the Global Economy by : OECD
Download or read book Australian Services Trade in the Global Economy written by OECD and published by OECD Publishing. This book was released on 2018-10-23 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an in depth analysis of the contribution of services to the Australian economy, the regulatory environment of the services sector and its performance in an international context. The analysis highlights the importance of co-ordinated domestic policy action, priorities for ...
Book Synopsis The Cambridge Economic History of Australia by : Simon Ville
Download or read book The Cambridge Economic History of Australia written by Simon Ville and published by Cambridge University Press. This book was released on 2014-10-08 with total page 710 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Australia's Competitiveness by : Michael J. Enright
Download or read book Australia's Competitiveness written by Michael J. Enright and published by John Wiley & Sons. This book was released on 2016-03-15 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this in-depth overview of Australia's economy, Michael Enright and Richard Petty — leading scholars on international competition—look at the data behind the news reports to offer a complete view of Australia's stable and wealthy economy. The book compares Australia with other similarly sized OECD economies as well as other Asia-Pacific economies and looks at fifteen international sources of data on competitiveness. It features a large-scale survey on Australian companies and offers deep insight on the country's future in terms of economics and economic policy. Revealing an honest assessment of Australia's true position in the world, the book looks at how Australian businesses see themselves and offers policy positions for government and firms to make the most of Australia's unique global economic position. Backed by CPA Australia, one of the world's largest accounting bodies Written by two global authorities on economic competitiveness Captures the thinking of more than 6,000 business leaders both within and outside of Australia Explains how Australia has weathered the global recession and looks at Australia's relationship with China For business leaders and policy makers in need of an in-depth look at the current and future state of Australia's economy, this book offers valuable and comprehensive information.
Book Synopsis The Australian Economy in the Long Run by : Rodney Maddock
Download or read book The Australian Economy in the Long Run written by Rodney Maddock and published by CUP Archive. This book was released on 1987-11-12 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Australia in the Global Economy by : Barrie Dyster
Download or read book Australia in the Global Economy written by Barrie Dyster and published by Cambridge University Press. This book was released on 2012-09-13 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the evolution of Australia's position in the global economy from the start of the twentieth century through to today.
Download or read book Australia Economy written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-06 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Australia Economy At the same time, Australia is a highly developed nation that has a dynamic economy. At the end of the year 2023, Australia's national economy was the fourteenth largest in terms of nominal GDP, the nineteenth largest in terms of PPP-adjusted GDP, and the twenty-first largest exporter of goods and the twenty-fourth largest importer of products. With the financial quarter that ended in March 2017, Australia established a new record for the longest continuous run of GDP growth in the developed world without interruption. Twenty-six years had passed since the nation had experienced a technical recession, and it was the 103rd quarter of that year. This nation's gross domestic product was expected to be 1.98 trillion dollars as of June 2021. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Economy of Australia Chapter 2: Economy of Canada Chapter 3: Economy of Chile Chapter 4: Economy of Estonia Chapter 5: Economy of Greece Chapter 6: Economy of Indonesia Chapter 7: Economy of Kazakhstan Chapter 8: Economy of Nicaragua Chapter 9: Economy of Russia Chapter 10: Economy of South Korea Chapter 11: Economy of South Africa Chapter 12: Economy of Switzerland Chapter 13: Economy of Tanzania Chapter 14: Economy of the United Kingdom Chapter 15: Economy of the United States Chapter 16: Economy of Singapore Chapter 17: Economy of France Chapter 18: Comparison of Canadian and American economies Chapter 19: Economy of India Chapter 20: Economy of the Republic of Ireland Chapter 21: National fiscal policy response to the Great Recession (II) Answering the public top questions about australia economy. (III) Real world examples for the usage of australia economy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Australia Economy.
Book Synopsis Australia's Economy in Its International Context, Volume 2: 1956–2012 by : Kym Anderson
Download or read book Australia's Economy in Its International Context, Volume 2: 1956–2012 written by Kym Anderson and published by University of Adelaide Press. This book was released on 2012 with total page 711 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume collection brings together the first 56 Joseph Fisher Lectures in economics and commerce, presented at the Adelaide University every other year since 1904. Funds for the Lectures, together with a medal for the top accounting student each year, were kindly provided by a £1,000 endowment to the University by the prominent Adelaide businessman Joseph Fisher in 1903. The Lectures address a wide range of Australian economic issues, in addition to some international economic issues of national significance. They have stood the test of time extremely well, while also providing a reminder of the events and concerns that were prominent at different times during the past century.
Book Synopsis Australia in the International Economy by : Barrie Dyster
Download or read book Australia in the International Economy written by Barrie Dyster and published by CUP Archive. This book was released on 1990-08-31 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors trace the relationship between Australia's economic well being and the international economy from the late nineteenth-century onwards. This book fills the need for an introductory text in this area for undergraduate students of economics, politics and history and for the general reader who wishes to understand how the Australian economy operates.
Book Synopsis Reshaping Australia's Economy by : John Nieuwenhuysen
Download or read book Reshaping Australia's Economy written by John Nieuwenhuysen and published by Cambridge University Press. This book was released on 2001-12-12 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws together analysts to contribute to a major assessment and 'audit' of the Australian economy.
Book Synopsis Australia's Cash Economy: A Troubling Issue for Policymakers by : Christopher Bajada
Download or read book Australia's Cash Economy: A Troubling Issue for Policymakers written by Christopher Bajada and published by Routledge. This book was released on 2017-11-22 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002: Very little is known on the Australian underground economy. Only speculation has offered estimates of its size - around ten per cent of GDP. This book provides comprehensive research on the topic for Australia, including the suggestion that the underground economy exhibits strong fluctuations. The text has three central objectives: to understand why a suspiciously large amount of currency remains outstanding and cannot be explained by legitimate transactions alone. Secondly, to examine factors that motivate individuals to participate in the underground economy and the consequences they may have on the business cycle, on the quality of the National Accounts and on taxation revenue. And finally, to examine whether households or businesses are contributing most to the underground economy and whether the new tax system, introduced in July 2000, will have any impact on underground activities in Australia.
Book Synopsis Australian Economy and Neo-liberalism by : Celal Bayari
Download or read book Australian Economy and Neo-liberalism written by Celal Bayari and published by LIT Verlag Münster. This book was released on 2012 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia's economy has long been typified by neo-liberal governance, foreign investment dependence, exports dominated by grains, resources and energy, and an industrial structure in which foreign multinational enterprises play the leading role. These factors have not always contributed to stable growth and a strong manufacturing sector. Further, they have not always led to the best outcomes for Australia in its integration into the regional and global patterns. These themes form the focus of this book, which presents an analysis of Australia's economic orthodoxy and its effects. (Series: Global Cultural and Economic Research - Vol. 10)
Book Synopsis Developing and understanding of Australia's economy over the last two years by : John Mutunga
Download or read book Developing and understanding of Australia's economy over the last two years written by John Mutunga and published by GRIN Verlag. This book was released on 2014-02-28 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2012 in the subject Economics - Case Scenarios, grade: B, University of Leeds, language: English, abstract: The economic condition of a country is determined by both the factors that are out of the managing capacity of its governing body and directly implemented macroeconomic policy. The main purpose of this study is to assess and describe current economic situation of Australia and the macroeconomic strategies implemented by the government to endeavour and uphold a level of sustainable development. This study reveals that the Reserve Bank Australia’s (RBA) wants to maintain the present currency rate at 4.5%. The study also delineates the present relative steadiness of the Australian economy and present macroeconomic position as motivating. Australia has reached a verge of using fiscal policy to alleviate the macroeconomic effects of the Global Financial Crisis. Since the debt of Australia is very small in comparison to the international standard, the country could well afford to do the job. “Even after several years of sizeable fiscal deficits, the net federal debt is still less than 10 per cent of GDP” (Weber 2012, p. 3). The essential characteristic of a well-organised fiscal system is its capability to guide and direct funds from depositors to borrowers. Banks and deposit takers offer this function, allowing deposits and granting the debt into investment markets. Offering this loan to borrowers, they function typically at longer maturities. In this process of effective financial intermediation, depositors and other borrowers should have a satisfactory degree of confidence that their money is safe.
Book Synopsis Economy of Australia by : Ivan Kushnir
Download or read book Economy of Australia written by Ivan Kushnir and published by Economy in Countries. This book was released on 2019-01-22 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book about the economy of Australia from the 1970s to the 2010s. Source data from UN Data.Size. In the 2010s, the gross domestic product of Australia was equal to 1.4 trillion US$ per year; the value of agriculture was 33.9 billion US$; the value of manufacturing was 91.9 billion US$. Since the share in the world is between 1% and 10%, the country is classified as a regional leader.Productivity. In the 2010s, the gross domestic product per capita was 61 105.1 US$; the agriculture per capita was 1 456.5 US$; the manufacturing per capita was 3 943.8 US$. Since the productivity is greater the average above average, the economy is classified as high developed.Growth. In the 2010s, the growth of GDP was 2.7%; the growth of agriculture was 2.3%; the growth of manufacturing was -1.4%.Structure. In the 2010s, the economy of Australia included: service (37.3%), industry (28.5%), trade (11.0%), construction (8.5%), transportation (8.2%), and agriculture (6.5%).External relations. In the 2010s, the import was 2.3% higher than the export, the net import was equal to 0.49% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.
Book Synopsis An Economy is Not a Society by : Dennis Glover
Download or read book An Economy is Not a Society written by Dennis Glover and published by Black Inc.. This book was released on 2015-08-01 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: In modern Australia, productivity is all that matters, our leaders tell us. Economic growth above all else. But is this really what we, the people, want? Does it make our lives and our communities better? If the high priests of economics want the credit for Australia’s economic growth over the last three decades, they must also wear the blame for the social destruction that has accompanied it – the devastation of once prosperous industrial centres and the suburbs they sustained, as factories closed and workers were forced to abandon their trades. The social costs of this ‘economic modernisation’ have been immense, but today are virtually ignored. The fracturing of communities continues apace. An Economy Is Not a Society is a passionate and personal J’accuse against the people whose abandonment of moral policy making has ripped the guts out of Australia’s old industrial communities, robbed the country of manufacturing knowhow, reversed our national ethos of egalitarianism and broken the sense of common purpose that once existed between rulers and ruled. Those in power, Dennis Glover argues, must abandon the idea that a better society is purely about offering individuals more dollars in their pockets. What we desperately need is a conversation about the lives, working conditions, jobs and communities we want for ourselves and our families – and we need to choose a future that is designed to benefit all the Australian people, not just some. Dennis Glover is the son and brother of Dandenong factory workers. He grew up in Doveton before studying at Monash University and King’s College, Cambridge, where he was awarded a PhD in history. He has worked for two decades as an academic, newspaper columnist, political adviser and speechwriter to Labor leaders and senior ministers.
Book Synopsis Political Troglodytes and Economic Lunatics by : Dominic Kelly
Download or read book Political Troglodytes and Economic Lunatics written by Dominic Kelly and published by Black Inc.. This book was released on 2019-03-05 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political history at its best. This is the story of the hard right in Australia – of how Ray Evans and his boss at Western Mining Corporation, Hugh Morgan, became the pioneers of a new form of right-wing politics whose forceful reshaping of public debates transformed Australian politics. With a calm gaze, forensic detail and a dry wit, Dominic Kelly shows how they did it. Starting in the mid-1980s, Evans set up four small but potent organisations: the H.R. Nicholls Society (industrial relations), the Samuel Griffith Society (constitutional issues), the Lavoisier Group (climate change) and the Bennelong Society (Indigenous affairs). Their aim was to transform public debate on key issues. Morgan and Evans had an energy that bordered on fanaticism. They lobbied politicians and wrote op-eds. They were born intriguers and colourful rhetoricians, with a wide influence that famously included treasurer-to-be Peter Costello. It was Bob Hawke who called the H.R. Nicholls Society ‘political troglodytes and economic lunatics’; yet in their dogged pursuit of influence, the hard right made an impact. From successive backdowns on emissions targets to the rejection of the Uluru Statement from the Heart, the efforts of hard right conservatives continues to be felt today – not only on the right but across mainstream public policy. Political Troglodytes and Economic Lunatics is a compelling case study in how some very determined people can change a political culture.
Book Synopsis The Vulnerable Country by : Tom Conley
Download or read book The Vulnerable Country written by Tom Conley and published by UNSW Press. This book was released on 2009 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on Australia’s position within the global economy, this thorough reference presents a striking picture of the interaction between politics and economics. Beginning with historical analysis of this relationship, the study presents Australia’s origins as a convict settlement through its development of self-governing colonies to its ultimate development as a federation. Addressing such questions as How did Australia transform from a protected, insular country to an outwardly focused, globalized one? and Why, in the current economic climate, should Australia resist a return to its protectionist past?, this extensively researched account argues that now, more than ever, the state has a responsibility to promote diversification of trade while regulating economic activity and ensuring that the benefits of growth are spread as widely as possible.