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5 - Foreign Investment

from Part Two - The International Community

Published online by Cambridge University Press:  29 March 2024

By
H. W. Arndt
Edited by
Australian Institute of International Affairs ,
Gordon Greenwood  and
Norman Harper
Gordon Greenwood
Affiliation:
University of Queensland
Norman Harper
Affiliation:
University of Melbourne
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Summary

Australia has been a capital importing country almost continuously since 1788, Immigration and capital inflow, and the transfer to Australia of overseas business and technical knowledge associated with both, have been an important aspect of the building up of Australia’s economy and the development of its natural resources throughout Australian history. After a relatively low ebb during the depressed 1930s, both immigration and capital inflow revived after the second world war and played a major part in the two post-war decades of sustained rapid economic development.

Keywords

The international communityinternational affairsforeign investmentAustraliaAustralian foreign investmentAustralian foreign policyforeign policyworld affairs
Type
Chapter
Information
Australia in World Affairs 1966–1970 , pp. 145 - 159
Publisher: Cambridge University Press
First published in: 2024

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