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. 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? 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.
Already own this item? Sell Yours and earn some cash.
It's fast and free to list! (Learn More.)
Reviews
Review this Product
Webmasters, Bloggers & Website Owners
You can earn a 5% commission by selling Too Much Luck: The Mining Boom and Australia's Future paperback book on your website. It's easy to get started - we will give you example code. After you're set-up, your website can earn you money while you work, play or even sleep!
Authors/Publishers
Are you the Author/Publisher? Improve sales by submitting additional information on this title.
This item ships from and is sold by Fishpond World Ltd.