Chapter 7 Australia, New Zealand, and the Pacific Islands

Abstract

Australia and New Zealand are two very special economies of the South Pacific. The settlers of these two economies came from Europe, mostly the UK. Indeed, both were colonies of the British Empire and Her Majesty, the Queen of England, continues to be the constitutional head of Australia and New Zealand. The original peoples of the two economies acceded to the authority of the European settlers. Some went on to complete an English education and earned places of official rank and accommodation under the new regime. It was only recently, on February 23, 2008, at the initiative of Prime Minister Kevin Rudd of Australia, that the Australian Parliament resolved to offer an official apology to the indigenous peoples of the land for their past suffering.

Citation

Dutta, M. (2009), "Chapter 7 Australia, New Zealand, and the Pacific Islands", Dutta, M. (Ed.) The Asian Economy and Asian Money (Contributions to Economic Analysis, Vol. 287), Emerald Group Publishing Limited, Leeds, pp. 235-249. https://doi.org/10.1108/S0573-8555(2009)0000287011