Australia's Promise-the Next Golden State

28 May 2011 | In Business & Finance | The Economist 28 May 2011 issue
Australia's Promise-the Next Golden State With a bit of self-belief, Australia could become a model nation

Imagine a country of about 25m people, democratic, tolerant, welcoming to immigrants, socially harmoniuos, politically stable and economically successful; good beaches too. It sounds like California 30 years ago, but it is not: it is Australia today. Yet Australia could become a sort of California-and perhaps a still more successful version of the Golden State.


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