Get Your Free Audiobook

Listen with a free trial

1 credit a month to use on any title, yours to keep (you’ll use your first credit on this title).
Stream or download thousands of included titles.
Access to exclusive deals and discounts.
$16.45 a month after 30 day trial. Cancel anytime.
Buy Now for $32.17

Buy Now for $32.17

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions Of Use and Privacy Notice and authorise Audible to charge your designated credit card or another available credit card on file.

Publisher's Summary

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. Beginning with the Aboriginal economy at the end of the 18th 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 19th century.

©2013 Princeton University Press (P)2012 Audible, Inc.

What listeners say about Why Australia Prospered

Average Customer Ratings
Overall
  • 4.5 out of 5 stars
  • 5 Stars
    8
  • 4 Stars
    4
  • 3 Stars
    2
  • 2 Stars
    1
  • 1 Stars
    0
Performance
  • 3.5 out of 5 stars
  • 5 Stars
    4
  • 4 Stars
    2
  • 3 Stars
    3
  • 2 Stars
    0
  • 1 Stars
    2
Story
  • 4.5 out of 5 stars
  • 5 Stars
    6
  • 4 Stars
    4
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    4 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    5 out of 5 stars

excellent content. bad narration

The narrator often sounds like he has finished a sentencewhen in fact there is more to go. imagine that every comma was replaced by a full stop and you're some way to understanding how this guy reads this book. It sounds at times like a robot is reading who has no understanding of what the words they're saying actually mean. You kind of get used to it after a while and some parts feel better than others,. but i feel like I missed a lot of the content because of the strange way in whixh it was read.

2 people found this helpful

  • Overall
    4 out of 5 stars

good analysis, needed tighter editing

good analysis of the history of Australia's economy. however at times I felt the explanation was repetitive.

  • Overall
    2 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    4 out of 5 stars

Terrible narration

As all the other reviewers have commented, this has really terrible narration.
The biggest problem is that the narrator either hasn't read the script before recording it, or the script has been formatted in some strange way. The result is that he puts in full stops. When the sentences are meant to go on. Further. Anyway, he ends up emphasising and pausing on a word in the middle of a sentence that doesn't have any particular significance and then picks up again. It is very hard to follow.
Also, the narrator is American when this is an Australian story with a few references that the author and most Australians would get but the narrator doesn't seem to be aware of (again through his strange emphasis). Also, he pronounces Melbourne and Brisbane the way they are spelt, not the way we actually say them, and this lack of familiarity with Australia really undermines his authority to speak about our history.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Mike
  • Mike
  • 30-04-2021

SKIP TO CHAPTER 3

This is a very good book, the first two chapters in the Audible menu are terrible. Skip them, I think they are why this is getting bad reviews. The book is very interesting and covers the whole of Australian history. From the economics of convict labour, to the political and social dominance of the aristocracy of land squatters. To the Victoria gold rush and it’s massive unrest and cultural changes to Australia. Then to the Panic of 1890 (then called the Great Depression) brought about by an Aussie debt crisis. To WW1 and WW2 and the diverse impact those wars had on the economy, to the rise of Asia and the modern Australian open resource economy. This is an excellent book to learn about Australia and after the first few awful chapters it gets very good. I especially liked learn about the Australian economic integration with the British Empire and the economics of colonialism in Australia. Read this book to learn about Australia and you won’t be disappointed.

1 person found this helpful

In the spirit of reconciliation, Audible Australia acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.