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Australia's Engagement with Asia, 1990–2010
Author(s) -
Leahy Anne,
Jensen Paul H.
Publication year - 2011
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/j.1467-8462.2011.00660.x
Subject(s) - vanguard , tourism , position (finance) , investment (military) , political science , index (typography) , geography , economy , economic growth , economics , archaeology , finance , politics , world wide web , computer science , law
Asia has emerged as an industrial powerhouse. Australia has a once‐in‐a‐generation opportunity to position itself at the vanguard of a significant change in the global economic architecture. In this article, we examine the dynamics of Australian–Asian relations using a unique multi‐indicator index of ‘engagement’ which incorporates components of trade, investment, education, tourism, research and business development, migration and humanitarian assistance. Our analysis suggests that engagement between Australia and Asia has grown at a much faster rate since 1990 than that between Australia and the rest of the world.