Export-Led Growth and Dutch Disease: A Case Study of Australia and its Regions

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Author(s)
Primary Supervisor
Selvanathan, Saroja
Naranpanawa, Athula
Other Supervisors
Chai, Andreas
Year published
2015
Metadata
Show full item recordAbstract
The Australian economy has enjoyed several mining booms over the past few decades. As an export-orientated economy, Australia has experienced several mining booms since the 1960s, including one in the early 1980s and, most notably, the unprecedented boom of the 2000s. This latest mining boom began in the early 2000 when the demand for natural resources such as coal and iron ore soared in response to increasing demand in Asia, particularly China. This unprecedented demand has contributed to Australia’s robust economic performance over the past decade, especially during the Global Financial Crisis. However, the 2000s ...
View more >The Australian economy has enjoyed several mining booms over the past few decades. As an export-orientated economy, Australia has experienced several mining booms since the 1960s, including one in the early 1980s and, most notably, the unprecedented boom of the 2000s. This latest mining boom began in the early 2000 when the demand for natural resources such as coal and iron ore soared in response to increasing demand in Asia, particularly China. This unprecedented demand has contributed to Australia’s robust economic performance over the past decade, especially during the Global Financial Crisis. However, the 2000s boom may have also had some detrimental effects on other tradable sectors of the Australian economy, such as agriculture and manufacturing. Moreover, from a regional (intra-country) perspective, the economic benefits and costs of the mining boom are not identically distributed across the country. While only certain regions benefited from the growth in minerals and resources exports, the cost of the mining boom appear to be much more widespread.
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View more >The Australian economy has enjoyed several mining booms over the past few decades. As an export-orientated economy, Australia has experienced several mining booms since the 1960s, including one in the early 1980s and, most notably, the unprecedented boom of the 2000s. This latest mining boom began in the early 2000 when the demand for natural resources such as coal and iron ore soared in response to increasing demand in Asia, particularly China. This unprecedented demand has contributed to Australia’s robust economic performance over the past decade, especially during the Global Financial Crisis. However, the 2000s boom may have also had some detrimental effects on other tradable sectors of the Australian economy, such as agriculture and manufacturing. Moreover, from a regional (intra-country) perspective, the economic benefits and costs of the mining boom are not identically distributed across the country. While only certain regions benefited from the growth in minerals and resources exports, the cost of the mining boom appear to be much more widespread.
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Thesis Type
Thesis (PhD Doctorate)
Degree Program
Doctor of Philosophy (PhD)
School
Griffith Business School
Copyright Statement
The author owns the copyright in this thesis, unless stated otherwise.
Item Access Status
Public
Subject
Mining boom, Australia
Dutch disease, Australia
Australian economic policy
Australian economic conditions
Export-oriented economy