Jump to ContentJump to Main Navigation
Why Australia ProsperedThe Shifting Sources of Economic Growth$
Users without a subscription are not able to see the full content.

Ian W. McLean

Print publication date: 2012

Print ISBN-13: 9780691154671

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691154671.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 27 June 2022

Squatting, Colonial Autocracy, and Imperial Policies

Squatting, Colonial Autocracy, and Imperial Policies

(p.57) Chapter 4 Squatting, Colonial Autocracy, and Imperial Policies
Why Australia Prospered

Ian W. McLean

Princeton University Press

This chapter explores how the British military, convict workforce, and British government financial outlays laid the early foundations of a tiny local economy at the outer margins of a vast imperial project. From the 1820s, Australia's prosperity rested, initially, on the productivity of its labor force—convicts, emancipists, and free immigrants—and the occupation and exploratory utilization of a large area of natural grassland primarily for the production and export of wool. This geographical settlement and pastoral development occurred in a rapidly evolving institutional setting. Both in the economic and political spheres, institutional innovation and adaptation appears successfully to have underpinned the attainment of quite high incomes per capita even before the discovery of gold.

Keywords:   Australia, labor force, free immigrants, British government, financial outlays, prosperity, pastoral development, institutional innovation

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.