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AUSTRALIAN TRADE POLICY (3) answer(s).
 
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ID:   108144


Australia, trade policy and the global south: an odyssey over five decades? / Leaver, Richard   Journal Article
Leaver, Richard Journal Article
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Publication 2011.
Summary/Abstract Like many states in the Global South, the Australian economy relies heavily on the natural resource sector for a large proportion of its export earnings. Four decades ago, this basic similarity eventually induced Australian governments to become 'fellow travellers' with the G77 quest for a new international economic order. When that quest was put to rest by the rise of neo-liberalism, Australian governments then became fervent believers in free rather than managed trade; but in the contemporary era where neo-liberalism is now a dying policy creed, Australia's current resource boom begs the question of whether the time is now ripe for Canberra to reinvent this role. What the rationales might be for that 'back to the future' policy move is explored in the context of Australia's iron ore trade with China.
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2
ID:   140720


Australia's flawed approach to trade negotiations: and where do we sign? / Capling, Ann; Ravenhill, John   Article
Ravenhill, John Article
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Summary/Abstract Economists have warned for many years that preferential trade agreements (PTAs) will not necessarily increase economic welfare in Australia given the relatively small size of the economy and the country’s lack of negotiating coin. The Productivity Commission cautioned in its major report on PTAs that there seemed to be a mindset of ‘agreements for agreement’s sake’, in part because of fears of missing out on a bandwagon that has attracted Australia’s major trading partners. Political and security considerations have played an important role in shaping Australia’s approach to PTAs. When politics trumps economics in negotiations of PTAs there is a risk of a rush to premature agreement that produces sub-optimal outcomes, that undermines broader plurilateral and global negotiations, and that introduces new and undesirable distortions in trade and public policies. Various theoretical approaches to trade policymaking provide insights into why Australian governments have been willing to conclude these sub-optimal deals.
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3
ID:   082363


Preferential trade agreements and the future of Australian trad / Ravenhill, John   Journal Article
Ravenhill, John Journal Article
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Publication 2008.
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