Too Much Luck: The Mining Boom and Australia's Future

Paul Cleary (Autor)

Buch | Softcover

160 Seiten

2011
Black Inc. (Verlag)
9781863955379 (ISBN)

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Shows that the resources boom, which seems like a blessing, has the potential to become a curse unless our governments take urgent action. This title maps out the pitfalls, considers what has worked overseas, and suggests a better way forward.

'We think we are the lucky country, but what we really have is dumb luck - a lot of luck without the planning or strategy to make sure our good fortune lasts.' - Paul Cleary In Too Much Luck, Paul Cleary shows that the resources boom, which seems like a blessing, has the potential to become a curse - unless our governments take urgent action. Today, under-taxed and under-regulated multinational companies make a tidy profit by selling off our non-renewable resources. As the mining boom accelerates, it will drive the dollar sky-high, forcing up the cost of doing business for everybody. Industries such as tourism and education - industries that, unlike mining, involve many jobs - will fade away. But what happens if commodity prices suddenly collapse, as they did with the GFC in 2008; or worse, when the resources run out? Many countries before us have been caught by the resources trap- a heady period of boom and growth, followed by a painful bust. Paul Cleary maps out the pitfalls, considers what has worked overseas, and suggests a better way forward.

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Erscheint lt. Verlag	2.8.2011
Verlagsort	Melbourne
Sprache	englisch
Maße	132 x 199 mm
Gewicht	185 g
Themenwelt	Sozialwissenschaften
	Technik ► Bergbau
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-13	9781863955379 / 9781863955379
Zustand	Neuware