Was the First World War Disturbing or Reinforcing of Australia's Economic Model?

William Coleman ()

No 34, CEH Discussion Papers from Centre for Economic History, Research School of Economics, Australian National University

Abstract: The paper argues there is little evidence that the First World War quickened the currents of development of the Australian economy of twentieth century. It instead suggests the War was reinforcing of the Deakinite model of economic management that already been established in Australia by the outbreak of War. It did so by enlarging the tenet of æprotection plus preferenceÆ that had been inscribed in the pre-War policy consensus; by strengthening the revenue and legal authority of the central state basic to the Deakinite framework of economic governance; and by assimilating rural interests into the terms of that framework.

Keywords: World War One; imperial preference; Australian settlement; agrarianism (search for similar items in EconPapers)
JEL-codes: N1 N4 N7 (search for similar items in EconPapers)
Date: 2015-03
New Economics Papers: this item is included in nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:auu:hpaper:034

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