Someone else’s boom but always our bust: Australia as a derivative economy, implications for regions
Article
Article Title | Someone else’s boom but always our bust: Australia as a derivative economy, implications for regions |
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ERA Journal ID | 123042 |
Article Category | Article |
Authors | Wilson, Bruce (Author), Hogan, Anthony (Author), Cuthill, Michael (Author), Baker, Douglas (Author), Buys, Laurie (Author) and Burton, Lorelle (Author) |
Journal Title | Regional Science Policy and Practice |
Journal Citation | 7 (2), pp. 75-87 |
Number of Pages | 13 |
Year | 2015 |
Place of Publication | United States |
ISSN | 1757-7802 |
Digital Object Identifier (DOI) | https://doi.org/10.1111/rsp3.12057 |
Web Address (URL) | http://onlinelibrary.wiley.com/doi/10.1111/rsp3.12057/full |
Abstract | This paper examines the socio-economic impact of mineral and agricultural resource extraction on local communities and explores policy options for addressing them. An emphasis on the marketization of services together with tight fiscal control has reinforced decline in many country communities in Australia and elsewhere. However, the introduction by the European Union of Regional Policy which emphasizes ‘smart specialization’ can enhance greatly the capacity of local people to generate decent livelihoods. For this to have real effect, the innovative state has to enable partnerships between communities, researchers and industry. For countries like Australia, this would be a substantive policy shift. |
Keywords | Regional policy; regional development; global value chains; smart specialization; local public economies |
ANZSRC Field of Research 2020 | 449999. Other human society not elsewhere classified |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Institution of Origin | University of Southern Queensland |
Byline Affiliations | Royal Melbourne Institute of Technology (RMIT) |
University of Canberra | |
Institute for Resilient Regions | |
Queensland University of Technology |
https://research.usq.edu.au/item/q3432/someone-else-s-boom-but-always-our-bust-australia-as-a-derivative-economy-implications-for-regions
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