As Asia's quarry: implications for Australia

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Title As Asia's quarry: implications for Australia
Author Liew, Leong H
Journal Name Australian Journal of International Affairs
Year Published 2012
Place of publication Australia
Publisher Routledge
Abstract The re-emergence of China in the new millennium has increased global demand for mineral resources, causing a return to the Australian vision of national prosperity tied to primary exports—this time minerals. Many analysts have questioned the wisdom of anchoring Australia's prosperity to being a quarry for Asia. The current mining boom has enabled Australia to postpone, but has not removed, the need to develop new industries to sustain a high standard of living in a future marked by global warming. Innovation is essential to the development of new industries that can contribute to a strong and sustainable economy, but cultivating innovation requires serious national commitment over the long term. This requires Australia to seriously reconsider education policy at all levels and to abandon what the author terms 'rational choice populism'—a culture of anti-intellectualism and an unequivocal belief in a form of market fundamentalism—that discourages the advanced level of investment in human capital required for innovation.
Peer Reviewed Yes
Published Yes
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Copyright Statement Copyright [year] Routledge. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
Volume 66
Issue Number 5
Page from 542
Page to 553
ISSN 1035-7718
Date Accessioned 2011-08-19
Language en_US
Faculty Griffith Business School
Subject Australian Government and Politics; Public Administration
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1

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