The continent was planned as a giant prison where criminals were exiled. At the end of the eighteenth century, the most apparent future for this country was a huge ghetto with a poor, miserable population, where everyone was engaged in crime. However, the exact opposite happened; not only did Australia become one of the wealthiest countries in the world, ranking 11th in terms of GDP per capita as of 2022, but it also created the most unfavorable conditions for corruption opportunities.
We tell the story of one of the most prosperous countries in the world.
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00:00 Introduction
02:36 Establishment of the colony
04:45 Justice for convicts
06:00 Australia and the rule of law
07:35 The evolution of residents' rights
09:23 Rum - a measure of value
11:58 Ex-convicts and the struggle for political rights
14:24 Democracy Index. Australia's place
15:32 Creation of the national currency
16:37 The Korean War and sheep farming in Australia
19:22 Agriculture
23:00 Index of economic freedom
23:40 Mining and quarrying
24:28 GDP structure
26:25 Human capital development
27:52 Migration policy
30:34 Export of educational services
31:36 Healthcare system
33:19 Pension system
38:37 Tourism
40:04 Housing in Australia
41:49 Life of indigenous peoples
44:31 Dependence on China's exports/imports
46:02 Support for Ukraine during the war
#economy #australia #history