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The traditional recounting of early Australian Economic History is that Britain decided to settle the continent for ‘strategic’ advantages and as a source of raw materials for its industry, and as an outlet for its trading and the transfer of resources (a takeover) by the new economic managers. The official intention of settling the colony was for peaceful & co-operative economic development of the new land, beneficial to British traditional interests and not intended to undermine or engage in war with the native population, and to share what food resources were naturally available. The gulf between the two societies was too large to be bridged and the British settlement succeeded while the ancient society was destroyed. The destruction of traditional Aboriginal society was recognized by depopulation from an accepted population of about 1 million in 1788 to 250,000 by 1848 whilst an estimated 50% of Aboriginal resources were absorbed by white settlers between 1788 and 1809 The extent and content of British Colonial Investment is discussed as are topics such as the role of Immigration and Foreign Investment, the reasons for the colony, and the highlights of the British rule in the economy and the colonial economic experiment undertaken by Macquarie.
Australia's economic history is the story of the transformation of an indigenous economy and a small convict settlement into a nation of nearly 23 million people with advanced economic, social and political structures. It is a history of vast lands with rich, exploitable resources, of adversity in war, and of prosperity and nation building. It is also a history of human behaviour and the institutions created to harness and govern human endeavour. This account provides a systematic and comprehensive treatment of the nation's economic foundations, growth, resilience and future, in an engaging, contemporary narrative. It examines key themes such as the centrality of land and its usage, the role of migrant human capital, the tension between development and the environment, and Australia's interaction with the international economy. Written by a team of eminent economic historians, The Cambridge Economic History of Australia is the definitive study of Australia's economic past and present.
This series explains the many important aspects of the colonial Economy of N.S.W. between 1788 and 1835. This present volume sets down over 14 essays on aspects of the colonial economy, ranging from a short review of the Van Diemen's Land Company - the second land grant coy in Australia - the AAC being the first, to a study of the writings of Professor Noel Butlin and the factors of economic growth in those important first 30 years of the colony and settlement in NSW. Some notable essays include an understanding of the Macquarie years that set a standard for economic development that became hard to follow. The many statutes enacted by Westminster Parliament in establishing the colony are examined as is the rise of the pastoralist and squatter in the colony. These entire special features of the economy helped set up the economic drivers that created such a successful economy.
As a world economy emerged from the 16th-17th centuries onwards, a global cashless payment system arose. This had its base in Europe, first in Italy, then in the rising regions of the north-west, with Amsterdam and then London as the central financial market. The mutual quotation of exchange rates, which provide the data tabulated and analysed here, mark the integration into a global network of all areas with significant economic potential. The primary aim of this book is to provide a compact account of the exchange rates in all these financial markets, from the late 16th century up to the First World War. This makes possible an instant conversion between the major world currencies at nearly any date within that period, while the important introduction provides the explanation and context of developments. The present handbook therefore serves as an invaluable resource for those concerned with all aspects of commercial and financial history.
Any economic history written in the 21st century of colonial Australia, will highlight the economic gains made by Governor Macquarie, especially in the broad planning approach to efficiently and effectively use convict labour for economic improvement in the colony. Whilst Macquarie tried to make the colony safe and attractive to investors and entrepreneurs, he used the various Government business enterprises, such as the Lumber and Timber Yards, the Stone Quarry and the naval yard, to supplement the gains already accomplished by the Government Farms and the Government Store (the Commissariat) to underpin outstanding economic growth and impressive GDP in the colonial economy. The various aspects of the colonial economy make interesting reading not to mention the comparison of the Aboriginal economy of 1788 with the white economy. The study is a different approach to the colonial economy and is the first of an impressive series of studies of each of the aspects of the economy between 1788 and 1835.
Colonial Childhoods is about the politics of childhood in India between the 1860s and the 1930s. It examines not only the redefinition of the 'child' in the cultural and intellectual climate of colonialism, but also the uses of the child, the parent and the family in colonizing and nationalizing projects. It investigates also the complications of transporting metropolitan discourses of childhood, adulthood and expertise across the lines of race. Focused on reformatories and laws for juvenile delinquents, and boarding schools for aristocratic children, it illuminates a vital area of conflict and accommodation in a colonial society. A key addition to Anthem's South Asian series and also to the growing discipline of Childhood and Colonial Childhood studies.
This third volume of the Series on the Colonial Economy of NSW (1788-1835) researches the formation, operation and use of labour in the numerous Government Business Enterprises. This volume supplements the studies on the Colonial Economy and the other most important economic driver - the commissariat. The economic history of NSW and essentially that of early Australia is set out in this series.
This broad-ranging 1995 book provides a comprehensive account of the development of Australia's colonial economy before the gold rushes. Noel Butlin's analysis of the developing economy includes background discussion of eighteenth-century British social, economic, and military history and a detailed demographic analysis of the Australian population over a period of sixty years. He goes on to explore the role of private investment in the economy and the way in which dependence on the British public purse was replaced by dependence on private British capital inflow. A key focus of the book is the extent to which the Australian economy was independent or externally driven, that is, the level of synergism between Australia and Britain. Within this framework, Noel Butlin discusses the central issues of human capital and funding and their impact on the formation of the Australian economy. Forming a Colonial Economy does for the period to the 1840s what Noel Butlin's previous landmark economic histories have done for Australia from the 1860s to the 1890s. It is an ambitious and imaginative book that marks the culmination of a life's work.
The second last volume in this twelve volume set describes and interprets the work of Timothy A. Coghlan. His best known work was the four-volume set of his 1918 published work, "Labour and Industry in Australia", based on his 'massive experience and research as administrator,commissioner and statistician'. Far from being solely a history of workers and their rights and entitlements, and the growth of industries, his tremendous study is a fine economic history of the colonies of Australia between 1788 and 1901. The publisher's note to the first edition describes Coghlan as being born at Sydney in 1855 and educated at Cleveland Boys' School at Redfern, (Sydney) After working in various woolstores, he joined the NSW Public Works Department in 1873, and from 1886 to 1905 was the NSW. Government Statistician and Registrar of Friendly Societies in that colony. In his senior role, he supervised the censuses of 1891, 1900 and 1901. The 1900 census was supervised for the new Federal Government, following federation. "He was the author of a great many reports and studies arising from his seat on many commissions of inquiry".