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Forming a Colonial Economy - Australia 1810-1850 (Hardcover, New)
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Forming a Colonial Economy - Australia 1810-1850 (Hardcover, New)
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This broad-ranging 1995 book provides a comprehensive account of
the development of Australia's colonial economy before the gold
rushes. Noel Butlin's analysis of the developing economy includes
background discussion of eighteenth-century British social,
economic, and military history and a detailed demographic analysis
of the Australian population over a period of sixty years. He goes
on to explore the role of private investment in the economy and the
way in which dependence on the British public purse was replaced by
dependence on private British capital inflow. A key focus of the
book is the extent to which the Australian economy was independent
or externally driven, that is, the level of synergism between
Australia and Britain. Within this framework, Noel Butlin discusses
the central issues of human capital and funding and their impact on
the formation of the Australian economy. Forming a Colonial Economy
does for the period to the 1840s what Noel Butlin's previous
landmark economic histories have done for Australia from the 1860s
to the 1890s. It is an ambitious and imaginative book that marks
the culmination of a life's work.
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