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Chapter 7 Australia, New Zealand, and the Pacific Islands

In: The Asian Economy and Asian Money

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  • M. Dutta

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.

Suggested Citation

  • M. Dutta, 2009. "Chapter 7 Australia, New Zealand, and the Pacific Islands," Contributions to Economic Analysis, in: The Asian Economy and Asian Money, pages 235-249, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:ceazzz:s0573-8555(2009)0000287011
    DOI: 10.1108/S0573-8555(2009)0000287011
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