October 30, 2005

IT'S 2005, A SPECIAL RELATIONSHIP CAN BE A THREESOME:

If you want to succeed, follow us Down Under (Lynton Crosby, 29/10/2005, Daily Telegraph)

For so long simply seen as an adventure playground for gap year students or a breeding ground for sportsmen, Australia has now graduated into the world of big players.

Proof? Well, I won't rely on the fact that Australian troops are in Iraq and Afghanistan. I won't brag about our free trade agreements with the US, New Zealand, Thailand and Singapore. Nor even our progress on negotiating a free trade agreement with China - already a market for many Australian products. [...]

The Australian economy is now in the 15th year of the longest economic expansion in 50 years - perhaps, according to John Howard, the Prime Minister, "the longest since the gold rushes of the 19th century". Today this continent, much of it desert, ranks 53rd in terms of world population, but is the world's 13th largest economy; eighth in the world in income per head from 18th two decades ago. [...]

John Howard (and to be fair, in some areas such as currency deregulation, his predecessor Bob Hawke) practised what he preached: the foundation of a nation's success is economic growth, and that growth is rooted in economic stability, free trade and rewarding hard work and investment.


The experiences of the three great states of the Anglosphere suggest that the Third Way works brilliantly.

Posted by Orrin Judd at October 30, 2005 10:29 AM
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