{"title":"The Mining Boom and What Comes Next","description":"","products":[{"product_id":"quarterly-essay-54-paperback","title":"Dragon's Tail; QE54 by Andrew Charlton","description":"\u003cp\u003eIn \u003cem\u003eDragon’s Tail\u003c\/em\u003e, Andrew Charlton explores the supercharged rise of China and considers Australia’s future as the Chinese dragon stirs and shifts.\u003c\/p\u003e\r\n\r\n\u003cp\u003eChina’s rise has been perhaps the most significant economic event in two centuries, occurring 100 times more quickly and on a scale 1000 times larger than Britain’s Industrial Revolution. Since 2000, Australia has been an essential part of this transformation, providing the raw materials to feed China’s frantic manufacture of steel vertebrae for everything from cars and trucks to railways, apartments and office towers. China’s appetite for resources has made us richer than ever before, but it has also drained the competitiveness from many parts of our economy, leaving us vulnerable.\u003c\/p\u003e\r\n\r\n\u003cp\u003eIn \u003cem\u003eDragon’s Tail\u003c\/em\u003e, Andrew Charlton shows that China’s growth model is now reaching its limit, and the world’s most populous economy faces a challenging transition. Whether China crashes, or crashes through, this will have dramatic implications for Australia, slowing the demand for our resources and forcing us to reassess the foundations of our wealth. Charlton looks at ways to revitalise the Australian economy and secure our prosperity in a changing world.\u003c\/p\u003e\r\n\r\n\u003cp\u003e \u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCorrespondence discussing Quarterly Essay 54, \u003cem\u003eDragon's Tail\u003c\/em\u003e:\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003ca href=\"https:\/\/www.quarterlyessay.com.au\/correspondence\/correspondence-john-edwards\"\u003eJohn Edwards\u003c\/a\u003e\u003c\/li\u003e\r\n\t\u003cli\u003e\n\u003ca href=\"https:\/\/www.quarterlyessay.com.au\/correspondence\/correspondence-max-corden\"\u003eMax Corden\u003c\/a\u003e \u003c\/li\u003e\r\n\t\u003cli\u003e\u003ca href=\"https:\/\/www.quarterlyessay.com.au\/correspondence\/correspondence-michael-cooney-0\"\u003eMichael Cooney\u003c\/a\u003e\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n","brand":"QE","offers":[{"title":"Default Title","offer_id":39460767170695,"sku":"9781863956567","price":29.99,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0313\/7211\/6103\/products\/qe54_32946681-a45b-4dd1-b869-079f0af81f79.jpg?v=1625796704"},{"product_id":"quarterly-essay-61-paperback","title":"Balancing Act; QE61 by George Megalogenis","description":"\u003cp class=\"body\" style=\"margin-bottom: 0.5em;\"\u003eIn this urgent essay, George Megalogenis argues that Australia risks becoming globalisation’s next and most unnecessary victim. The next shock, whenever it comes, will find us with our economic guard down, and a political system that has shredded its authority.\u003c\/p\u003e\r\n\r\n\u003cp\u003eMegalogenis outlines the challenge for Malcolm Turnbull and his government. Our tax system is unfair and we have failed to invest in infrastructure and education. Both sides of politics are clinging defensively to an old model because it tells them a reassuring story of Australian success. But that model has been exhausted by capitalism’s extended crisis and the end of the mining boom. Trusting to the market has left us with gridlocked cities, growing inequality and a corporate sector that feels no obligation to pay tax. It is time to redraw the line between market and state.\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eBalancing Act \u003c\/em\u003eis a passionate look at the politics of change and renewal, and a bold call for active government. It took World War II to provide the energy and focus for the reconstruction that laid the foundation for modern Australia. \u003c\/p\u003e\r\n\r\n\u003cp\u003eWill it take another crisis to prompt a new reconstruction?\u003c\/p\u003e\r\n\r\n\u003cp\u003e \u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eCorrespondence discussing Quarterly Essay 61, \u003cem\u003eBalancing Act\u003c\/em\u003e:\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003ca href=\"https:\/\/www.quarterlyessay.com.au\/correspondence\/correspondence-clare-oneil\"\u003eClare O’Neil\u003c\/a\u003e\u003c\/li\u003e\r\n\t\u003cli\u003e\u003ca href=\"https:\/\/www.quarterlyessay.com.au\/correspondence\/correspondence-andrew-charlton-jim-chalmers\"\u003eAndrew Charlton \u0026amp; Jim Chalmers\u003c\/a\u003e\u003c\/li\u003e\r\n\t\u003cli\u003e\u003ca href=\"https:\/\/www.quarterlyessay.com.au\/correspondence\/correspondence-tom-bentley-jonathan-west\"\u003eTom Bentley \u0026amp; Jonathan West\u003c\/a\u003e\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n","brand":"QE","offers":[{"title":"Default Title","offer_id":39460767531143,"sku":"POD-9781863958110","price":29.99,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0313\/7211\/6103\/products\/qe61_34405ac7-93e5-4569-9ffe-c0e3a3f55164.jpg?v=1625796734"},{"product_id":"too-much-luck-the-mining-boom-and-australias-futurepaperback","title":"Too Much Luck by Paul Cleary","description":"\u003cp\u003eWe think we are the lucky country, but what we really have is dumb luck—a lot of luck without the planning or strategy to make sure our good fortune lasts.'—Paul Cleary\u003cbr\u003e\n In  Too Much Luck , Paul Cleary shows that the resources boom, which seems like a blessing, has the potential to become a curse – unless our governments take urgent action.\u003cbr\u003e\n Today, under-taxed and under-regulated multinational companies make a tidy profit by selling off our non-renewable resources. As the mining boom accelerates, it will drive the dollar sky-high, forcing up the cost of doing business for everybody. Industries such as tourism and education—industries that, unlike mining, involve many jobs—will fade away. But what happens if commodity prices suddenly collapse, as they did with the GFC in 2008; or worse, when the resources run out?\u003cbr\u003e\n Many countries before us have been caught by the resources trap: a heady period of boom and growth, followed by a painful bust. Paul Cleary maps out the pitfalls, considers what has worked overseas, and suggests a better way forward.\u003c\/p\u003e","brand":"Black Inc.","offers":[{"title":"Default Title","offer_id":39619601105031,"sku":"9781863955379-POD","price":34.99,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0313\/7211\/6103\/products\/cover_64.jpg?v=1636511030"},{"product_id":"dog-days-australia-after-the-boom","title":"Dog Days by Ross Garnaut","description":"\u003cmeta charset=\"utf-8\"\u003e\n\u003cp data-mce-fragment=\"1\"\u003eA blueprint for the nation after the boom.\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eAustralians have just lived through a period of exceptional prosperity, but, says influential economist Ross Garnaut, the Dog Days are on their way. Are we ready for the challenges ahead?\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eIn\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003cem data-mce-fragment=\"1\"\u003eDog Days\u003c\/em\u003e, Garnaut explains how we got here, what we can expect next and the tough choices we need to make to survive the new economic conditions. Are we clever enough – and our leaders courageous enough – to change what needs to be changed and preserve a fair and prosperous Australia?\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eThis is a book about the future by a leading adviser to government and business, someone with a proven record of seeing where the nation is going. Both forecast and analysis, it heralds a new era for Australia after the boom.\u003c\/p\u003e","brand":"Black Inc.","offers":[{"title":"Default Title","offer_id":39626595074183,"sku":"POD-9781863956222","price":29.99,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0313\/7211\/6103\/products\/9781922231178_FC.jpg?v=1636454904"}],"url":"https:\/\/shop.schwartzbooks.com.au\/collections\/the-mining-boom-and-what-comes-next.oembed","provider":"Schwartz Books","version":"1.0","type":"link"}