Australian Economy and Neo-Liberalism

Australian economy has long been typified by neo-liberal governance, foreign investment dependence, exports dominated by grains, resources and energy, and an industrial structure in which foreign multinational enterprises play the leading role. These factors, in combination, have not always contributed to a stable growth and a strong manufacturing sector. Further, they have not always led to the best outcomes for Australia in its integration into the regional and global patterns. These themes form the focus of this book, which presents an analysis of the economic orthodoxy and its effects.

Dr. Celal Bayari, the author of Japanese Hybrid Factories in Australia (2011), is Research Fellow at Nagoya City University Graduate School of Economics.