Inclusive Growth In Australia
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Author | : Ian W. McLean |
Publisher | : Princeton University Press |
Total Pages | : 300 |
Release | : 2016-05-24 |
Genre | : Business & Economics |
ISBN | : 0691171335 |
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.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 102 |
Release | : 2019-04-24 |
Genre | : |
ISBN | : 9264573712 |
The potential role of social protection in the development process has received heightened recognition in recent years, yet making a strong investment case for social protection remains particularly challenging in many emerging and developing countries. This report challenges us to think deeply about the economic rationale for social protection investments through an inclusive development lens. It helps us understand the links between social protection, growth and inequality; how to measure those links empirically; social protection’s impact on inclusive growth; and how to build a more solid economic case for greater social protection investments.
Author | : John Buchanan |
Publisher | : Routledge |
Total Pages | : 317 |
Release | : 2020-07-16 |
Genre | : Health & Fitness |
ISBN | : 100024993X |
Inclusive Growth in Australia overturns two decades of assumptions that social policy is wasteful and a source of dependency. It reflects a global resurgence of the understanding that an active and effective social policy regime is vital not only for a flourishing society, but also for a strong economy. It explains this new paradigm of inclusive growth and shows how it can be implemented in Australia. Inclusive growth dismantles the idea that social development will automatically trickle down from untrammelled market based growth. Rather, growth must be managed so that it is employment centred, broad based across sectors and with a social security system promoting sustainability and equality of opportunity. The editors argue that productivity is 'nearly everything' when it comes to raising living standards. So while social policies will be about goals other than the economy, they must demonstrate their compatibility with an economic growth strategy. With contributions from leading national and international experts in the field including Marian Baird, Grant Belchamber, Gerald Burke, Saul Eslake, Roy Green and Peter Whiteford, Inclusive Growth in Australia shows that 'welfare state' spending is as much an economic investment as a measure of social protection. Written for policy makers, industry and NGOs as well as students, Inclusive Growth in Australia locates Australian economic and social policy within the most important emergent themes shaping international debate.
Author | : Simon Ville |
Publisher | : Cambridge University Press |
Total Pages | : 710 |
Release | : 2014-10-08 |
Genre | : Business & Economics |
ISBN | : 1316194485 |
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.
Author | : Jonathan D. Ostry |
Publisher | : Columbia University Press |
Total Pages | : 182 |
Release | : 2019-01-08 |
Genre | : Business & Economics |
ISBN | : 0231527616 |
Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.
Author | : John Buchanan |
Publisher | : Routledge |
Total Pages | : 248 |
Release | : 2020-07-16 |
Genre | : Social Science |
ISBN | : 1000257533 |
Inclusive Growth in Australia overturns two decades of assumptions that social policy is wasteful and a source of dependency. It reflects a global resurgence of the understanding that an active and effective social policy regime is vital not only for a flourishing society, but also for a strong economy. It explains this new paradigm of inclusive growth and shows how it can be implemented in Australia. Inclusive growth dismantles the idea that social development will automatically trickle down from untrammelled market based growth. Rather, growth must be managed so that it is employment centred, broad based across sectors and with a social security system promoting sustainability and equality of opportunity. The editors argue that productivity is 'nearly everything' when it comes to raising living standards. So while social policies will be about goals other than the economy, they must demonstrate their compatibility with an economic growth strategy. With contributions from leading national and international experts in the field including Marian Baird, Grant Belchamber, Gerald Burke, Saul Eslake, Roy Green and Peter Whiteford, Inclusive Growth in Australia shows that 'welfare state' spending is as much an economic investment as a measure of social protection. Written for policy makers, industry and NGOs as well as students, Inclusive Growth in Australia locates Australian economic and social policy within the most important emergent themes shaping international debate.
Author | : |
Publisher | : |
Total Pages | : |
Release | : 2021 |
Genre | : |
ISBN | : 9789264535565 |
Author | : Commission on Growth and Development |
Publisher | : World Bank Publications |
Total Pages | : 198 |
Release | : 2008-07-23 |
Genre | : Business & Economics |
ISBN | : 0821374923 |
The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 247 |
Release | : 2020-03-09 |
Genre | : |
ISBN | : 9264728449 |
How’s Life? charts whether life is getting better for people in 37 OECD countries and 4 partner countries. This fifth edition presents the latest evidence from an updated set of over 80 indicators, covering current well-being outcomes, inequalities, and resources for future well-being.
Author | : Rupert Maclean |
Publisher | : Springer |
Total Pages | : 212 |
Release | : 2017-11-19 |
Genre | : Business & Economics |
ISBN | : 9811065594 |
This book presents an overview of the main research findings and case studies concerning education and skills for inclusive growth, green jobs and the greening of economies. Focusing on India, Indonesia, Sri Lanka and Viet Nam, it discusses government and business sector responses to these issues and how Technical and Vocational Education and Training (TVET) systems and institutions are addressing both the renewal of curricula in the context of green growth dynamics, and patterns of training and skills development to meet demands. In addition, the book examines cross-country issues, concerns and prospects regarding education and skills for inclusive growth and green jobs for the four countries. These include critical themes and issues in the selected industry sectors triggering a demand for green jobs in the region; how industry is responding to those demands; areas impeding the transition from traditional to green practices; the importance of skills development; the role of TVET in addressing industry needs; and reasons for the slow response of TVET to green skills.While other studies conducted in Asia – and internationally - on the same topic have largely relied on secondary sources, this study conducted by the Asian Development Bank and the Education University of Hong Kong (ADB-EdUHK) is unique in that the findings, conclusions and recommendations reported on are based on primary data. As part of the study, TVET providers, business enterprises, policy makers and practitioners were surveyed using questionnaires and face-to-face interviews. In addition, workshops were held in each of the four countries to ascertain the views of key stakeholders in government, nongovernment organisations, members of the international development community, TVET providers and members of the business sector.The book also provides summaries of the case studies undertaken for India, Indonesia, Sri Lanka and Viet Nam.