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No Worries?
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 399 no. 8735 (May 2011)
,
page 3-5.
Topik:
Social Conditions & Trends
;
Politics
;
Government
;
Economic Policy
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.66
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Happy the country that never makes the front pages of foreign newspapers. Australia is one such. Only a dozen economies are bigger, and only six nations are richer--of which Switzerland alone has even a third as many people. Australia is rich, tranquil and mostly overlooked, yet it has a story to tell. Its current prosperity was far from inevitable.Twenty-five years ago Paul Keating, the country's treasurer (finance minister), declared that if Australia failed to reform it would become a banana republic. Barely five years later, after a nasty recession, the country began a period of uninterrupted economic expansion matched by no other rich country. It continues to this day. This special report will explain how this has come about and ask whether it can last. It would be asking a bit much to expect Australians to weave a new national myth around a suburban life involving barbecues, SSB (semillon sauvignon blanc), heroes driving Holden utes (General Motors utility vehicles) and characters from "Neighbours", a sunshine soap. Nonetheless, this era of prosperity and self-confidence should be a good time for Australians to take stock and confront any problems. On the face of it, their troubles are few: in 20 years of radical change all the obvious economic issues have been dealt with. Things are good, and the beach beckons. Certainly, the politicians seem unworried. Though they talk of reform, they spend most of their time scrapping about issues like climate change. A slight whiff of complacency pervades the groves of the capital, Canberra. That in itself should be a warning.
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