Why Australia Prospered: The Shifting Sources of Economic Growth

Why Australia Prospered: The Shifting Sources of Economic Growth

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Action & Adventure History Business & Economics
Format Paperback
Pages 300
Language English
Published May 24, 2016
Publisher Princeton University Press
Edition Reprint
ISBN-10 0691171335
ISBN-13 9780691171333
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Description

Ian W. McLean takes readers on a compelling journey through the economic history of Australia, delving into the factors that have contributed to the nation’s remarkable prosperity. He examines how shifting dynamics, from resource discovery to global market influences, have fundamentally shaped Australia's growth trajectory. The narrative highlights key historical moments and policies that transformed the country’s economy, offering insights into the interplay between local resources and international trends.

By weaving together an analysis of economic data with rich historical context, McLean presents a nuanced understanding of the challenges and opportunities Australia has faced. The book not only reveals the complexities of its economic development but also raises important questions about sustainability and future growth. As he explores the intricate layers of Australia's economic landscape, readers gain a deeper appreciation for how past decisions continue to impact the nation today.

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