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Economics, Keynes once wrote, can be a ‘very dangerous science’. Sometimes, though, it can be moulded to further the common good though it might need a leap in mental outlook, a whole new zeitgeist to be able do do. This book is about a transformation in Australian economists’ thought and ideas during the interwar period. It focuses upon the interplay between economic ideas, players and policy sometimes in the public arena. In a decade marked by depression, recovery and international political turbulence Australian economists moved from a classical orthodox economic position to that of a cautious Keynesianism by 1939. We look at how a small collective of economists tried to influence policy-making in the nineteen-thirties. Economists felt obliged to seek changes to the parameters as economic conditions altered but, more importantly, as their insights about economic management changed. There are three related themes that underscore this book. Firstly, the professionalisation of Australian economics took a gigantic leap in this period, aided in part, by the adverse circumstances confronting the economy but also by the aspirations economists held for their discipline. A second theme relates to the rather unflattering reputation foisted upon interwar economists after 1945.

That transition underlies a third theme of this book, namely, how Australian economists were emboldened by Keynes’s General Theory to confidently push for greater management of economic activity. By 1939 Australian economists conceptualized from a new theoretic framework and from one which they advanced comment and policy advice. This book therefore will rehabilitate the works of Australian interwar economists, arguing that they not only had an enviable international reputation but also facilitated the acceptance of Keynes’s General Theory among policymakers before most of their counterparts elsewhere.

australia --- history --- economic conditions

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Politics and State Building in Solomon Islands examines a crisis moment in recent Solomon Islands history. Contributors examine what happened when unrest engulfed the capital of the small Melanesian country in the aftermath of the 2006 national elections, and consider what these events show about the Solomon Islands political system, the influence of Asian interests in business and politics, and why the crisis is best understood in the context of the country’s volatile blend of traditional and modern politics. Until the disturbances of April 2006 and subsequent deterioration in bilateral relations between Australia and Solomon Islands under the Sogavare government, experts had hailed the Regional Assistance Mission to Solomon Islands (RAMSI) as an unqualified success. Some saw it as a model for ‘cooperative intervention’ in ‘failing states’ worldwide. Following these developments success seems less certain and aspects of the RAMSI model appear flawed.

Using the case of Solomon Islands, this book raises fundamental questions about the nature of ‘cooperative intervention’ as a vehicle for state building, asking whether it should be construed as a mainly technical endeavour or whether it is unavoidably a political undertaking with political consequences. Providing a critical but balanced analysis, Politics and State Building in Solomon Islands has important implications for the wider debate about international state-building interventions in ‘failed’ and ‘failing’ states.

politics and government --- solomon islands --- economic conditions

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Aboriginal australian; Social conditions; Economic conditions

social conditions --- aboriginal australian --- economic conditions

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Japan’s Future in East Asia and the Pacific takes a ’big-picture‘ approach to Japan’s economic place in East Asia alongside that of China. It analyses Japan’s successes and experiments in trade policy as well as its failures in macro-economic policy. Japan’s diplomatic and economic integration strategies are also examined for their impact on East Asia and on Australia. The collection assesses China’s growth and dynamism and questions the nature of the competition for economic influence between Japan and China. Contributors to Japan’s Future in East Asia and the Pacific are all graduates of The Australian National University who are making their mark in the region as scholars and economists on East Asian and Pacific affairs.

economy --- east asia --- economic conditions --- free trade --- foreign economic conditions --- japan

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The Australian nation is a work in progress. So conclude the authors whose views are represented in this most recent offering in the ANZSOG monograph series, Australia Under Construction: Nation-building past, present and future. From its beginnings as a settler society through to present day concerns about ‘broadbanding the nation’, the nation-building narrative has resonated with Australians. The very idea of nation-building has both excited the popular imagination about what we might achieve as a society and a nation, and has occasioned despair about missed opportunities. The eleven authors contributing to this monograph reflect on these, and other themes from a variety of perspectives. They challenge our understanding of the term ‘nation-building’, reflect on its contemporary relevance as a framework for public policy and even re-appraise the contribution of past ‘iconic’ nation-building endeavours. To this subject the authors bring intelligence, wit and a healthy disdain for sacred cows. A stimulating read for anyone interested in the history, challenges and prospects of nation-building in Australia.

politics and government --- australia --- social conditions --- economic conditions