Shaping comparative advantage: the evolution of trade and industry policy in Australia

© 2016 Australian Political Studies Association. This paper provides an overview of Australia’s experience with trade and industry policy since Federation in light of the dilemmas facing a small, rich, remote, resource-based economy. It focuses on the attempt to diversify away from a dependence on t...

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Main Author: Fenna, Alan
Format: Journal Article
Published: Taylor and Francis 2016
Online Access:http://hdl.handle.net/20.500.11937/10586
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author Fenna, Alan
author_facet Fenna, Alan
author_sort Fenna, Alan
building Curtin Institutional Repository
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description © 2016 Australian Political Studies Association. This paper provides an overview of Australia’s experience with trade and industry policy since Federation in light of the dilemmas facing a small, rich, remote, resource-based economy. It focuses on the attempt to diversify away from a dependence on the export of primary products and to move beyond – while still also continuing to exploit – the country’s natural comparative advantage. It examines the rise and decline, purpose and effects, of protectionism; moments of experimentation with interventionist industry policy; and effects of the mining boom. In doing so, it considers Australia’s particular economic circumstances and factor endowments in light of competing notions of comparative advantage and the appropriate role of government in promoting economic development and competitiveness.
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spelling curtin-20.500.11937-105862020-07-22T04:54:43Z Shaping comparative advantage: the evolution of trade and industry policy in Australia Fenna, Alan © 2016 Australian Political Studies Association. This paper provides an overview of Australia’s experience with trade and industry policy since Federation in light of the dilemmas facing a small, rich, remote, resource-based economy. It focuses on the attempt to diversify away from a dependence on the export of primary products and to move beyond – while still also continuing to exploit – the country’s natural comparative advantage. It examines the rise and decline, purpose and effects, of protectionism; moments of experimentation with interventionist industry policy; and effects of the mining boom. In doing so, it considers Australia’s particular economic circumstances and factor endowments in light of competing notions of comparative advantage and the appropriate role of government in promoting economic development and competitiveness. 2016 Journal Article http://hdl.handle.net/20.500.11937/10586 10.1080/10361146.2016.1239565 Taylor and Francis restricted
spellingShingle Fenna, Alan
Shaping comparative advantage: the evolution of trade and industry policy in Australia
title Shaping comparative advantage: the evolution of trade and industry policy in Australia
title_full Shaping comparative advantage: the evolution of trade and industry policy in Australia
title_fullStr Shaping comparative advantage: the evolution of trade and industry policy in Australia
title_full_unstemmed Shaping comparative advantage: the evolution of trade and industry policy in Australia
title_short Shaping comparative advantage: the evolution of trade and industry policy in Australia
title_sort shaping comparative advantage: the evolution of trade and industry policy in australia
url http://hdl.handle.net/20.500.11937/10586