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Economic development and Indigenous Australia: contestations over property, institutions and ideology

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  • Altman, Jon C.

Abstract

Economic development for remote Indigenous communities cannot be understood unless the relative importance of customary activity, potentially enhanced by native title legal rights in resources, is recognised. The present article uses a three‐sector hybrid economy framework, rather than the usual two‐sector private (or market) and public (or state) model to more accurately depict the Indigenous economy. Examples are provided of the actual and potential significance of the customary sector of the hybrid economy. Focusing on the concepts of property and institutions, it is demonstrated that significant local, regional, and national benefits are generated by the Indigenous hybrid economy. A role is foreshadowed for resource economists and the New Institutional Economics in quantifying these benefits, including positive externalities, so that they might be more actively supported by the state.

Suggested Citation

  • Altman, Jon C., 2004. "Economic development and Indigenous Australia: contestations over property, institutions and ideology," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(3), pages 1-22.
    • Handle: RePEc:ags:aareaj:117981
    DOI: 10.22004/ag.econ.117981
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    References listed on IDEAS

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    1. Sen, Amartya, 2001. "Development as Freedom," OUP Catalogue, Oxford University Press, number 9780192893307, Decembrie.
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    5. Ron Duncan, 2003. "Agricultural and resource economics and economic development in Aboriginal communities," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(3), pages 307-324, September.
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    Cited by:

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    2. Wilman, Elizabeth A., 2013. "An economic model of aboriginal fire-stick farming," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 59(01), March.
    3. Venn, Tyron J. & Quiggin, John, 2007. "Accommodating indigenous cultural heritage values in resource assessment: Cape York Peninsula and the Murray-Darling Basin, Australia," Ecological Economics, Elsevier, vol. 61(2-3), pages 334-344, March.
    4. Chris McDonald & Ana I. Moreno-Monroy & Laura-Sofia Springare, 2019. "Indigenous economic development and well-being in a place-based context," OECD Regional Development Working Papers 2019/01, OECD Publishing.
    5. Murphy, Matthew & Danis, Wade M. & Mack, Johnny & Sayers, (Kekinusuqs) Judith, 2020. "From principles to action: Community-based entrepreneurship in the Toquaht Nation," Journal of Business Venturing, Elsevier, vol. 35(6).
    6. Alexandra Langford & Geoffrey Lawrence & Kiah Smith, 2021. "Financialization for Development? Asset Making on Indigenous Land in Remote Northern Australia," Development and Change, International Institute of Social Studies, vol. 52(3), pages 574-597, May.
    7. Julian Gorman & Diane Pearson & Penelope Wurm, 2020. "Old Ways, New Ways—Scaling Up from Customary Use of Plant Products to Commercial Harvest Taking a Multifunctional, Landscape Approach," Land, MDPI, vol. 9(5), pages 1-20, May.
    8. Tisdell, Clement A., 2005. "Resource Entitlements of Indigenous Minorities, Their Poverty and Conservation of Nature: Status of Australian Aborigines, Comparisons with India's Tribals, Theory and Changing Policies Globally," Economics, Ecology and Environment Working Papers 55061, University of Queensland, School of Economics.
    9. Chris McDonald, 2019. "Promoting Indigenous community economic development, entrepreneurship and SMEs in a rural context," OECD Regional Development Working Papers 2019/03, OECD Publishing.
    10. Chris McDonald & Lorena Figueiredo, 2022. "A Framework for Comparative Assessment of Indigenous Land Governance," Land, MDPI, vol. 11(6), pages 1-16, June.
    11. Venn, Tyron, 2005. "Commercial Forestry: An Economic Development Opportunity Consistent with the Property Rights of the Wik People to Natural Resources," Risk and Sustainable Management Group Working Papers 149845, University of Queensland, School of Economics.
    12. Vining, Aidan R. & Richards, John, 2016. "Indigenous economic development in Canada: Confronting principal-agent and principal–principal problems to reduce resource rent dissipation," Resources Policy, Elsevier, vol. 49(C), pages 358-367.
    13. Clement A. Tisdell, 2014. "Human Values and Biodiversity Conservation," Books, Edward Elgar Publishing, number 15295, March.
    14. Venn, Tyron J., 2007. "Economic implications of inalienable and communal native title: The case of Wik forestry in Australia," Ecological Economics, Elsevier, vol. 64(1), pages 131-142, October.
    15. van Gevelt, T. & Canales Holzeis, C. & George, F. & Zaman, T., 2017. "Indigenous community preferences for electricity services: Evidence from a choice experiment in Sarawak, Malaysia," Energy Policy, Elsevier, vol. 108(C), pages 102-110.
    16. Kerstin Zander & Lisa Petheram & Stephen Garnett, 2013. "Stay or leave? Potential climate change adaptation strategies among Aboriginal people in coastal communities in northern Australia," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 67(2), pages 591-609, June.
    17. Jon Altman & Geoff Buchanan, 2006. "Measuring the ‘real’ indigenous economy in remote Australia using NATSISS 2002," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 9(1), pages 17-32, March.

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