Book Chapter

The political economy of manufacturing protection in Australia

K Anderson, R Garnaut

The Political Economy of Manufacturing Protection: Experiences of ASEAN and Australia | Published : 2017

Abstract

Throughout the past half century manufacturing has been more heavily protected against import competition in Australia than in perhaps any other industrial country except New Zealand. Protection emerged as a political issue in Australia well before Federation in 1901. The discoveries of gold in the 1850s in the two most populous colonies, Victoria and New South Wales, caused the population of Australia to treble in less than a decade. The period from Federation to 1973 was one of periodic increases in protection from manufacturing import competition, while the decade since then has been one of protection cuts for most manufacturing industries. One of the strongest conclusions in neo-classica..

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