This book presents a detailed picture of the evolutionary processes at work in water markets with a particular focus on theory and practice in Australia. Policymakers are striving to strike a balance between the pros and cons of a property rights/market based approach to the allocation of water...

"Job placement” has been the traditional goal of labour and employment policies, but this report argues otherwise. To stay competitive in a globalised economy, governments must also strive to enhance the skills of workers, increase their productivity and provide upward mobility to immigrants...

Biographical note: McLeanIan W.: Ian W. McLean is currently a visiting research fellow in economics at the University of Adelaide, where he taught for many years. He is the coeditor of "The Australian Economy in the Long Run".