Why Australia Prospered: The Shifting Sources of Economic Growth

Ian W. McLean explores the intricate tapestry of Australia’s economic growth, providing a detailed analysis of the myriad factors that contributed to the country reaching unprecedented living standards. He delves into historical trends, examining how resources, innovation, and policy decisions shaped Australia’s unique economic landscape over the years. By tracing the evolution of its economy, McLean illuminates the shifting sources of wealth and prosperity that have defined the nation.

Through a thorough examination of Australia's economic history, the narrative emphasizes the interplay between external influences and domestic factors that propelled growth. The text not only showcases Australia's significant milestones but also highlights the challenges faced along the way. McLean's insightful analysis serves as a vital resource for understanding the broader implications of economic shifts, making it relevant for historians, economists, and anyone interested in the foundations of prosperity in the modern world.