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Books > History > History of specific subjects > Economic history
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The Vulnerable Country - Australia and the Global Economy (Paperback)
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The Vulnerable Country - Australia and the Global Economy (Paperback)
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Australia was born vulnerable. From its beginnings as a precarious
convict settlement on the 'other side of the world', through the
development of self-governing colonies, to Federation and beyond,
recognising and dealing with vulnerability led Australians to
embrace an insular attitude to the outside world, which in turn
translated into state control over the economy and highly
protectionist policies. So how did Australia transform from a
protected, insular country to an outwardly focused, globalised one?
And why, in the current economic climate, should Australia resist a
return to its protectionist past? The Vulnerable Country begins
with historical analysis of the interaction between politics and
economics, covers the credit crunch of 2007 and culminates with the
current global financial crisis. Tom Conley 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.
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