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I'm not super knowledgeable about AU, but my gut impression is that it doesn't have much in the way of natural advantages. Yes, it's lowpop, but that's about i
by literalAardvark 2y ago
I'm not super knowledgeable about AU, but my gut impression is that it doesn't have much in the way of natural advantages.
Yes, it's lowpop, but that's about it.
Somewhat similar for CA, but CA is a lot better off than AU.
- avar 2y agoOut of those three, Australia's economy is proportionally the most reliant on natural resources. Its mining sector alone is a bit over 10% of overall GDP.
- literalAardvark 2y agoYeah but those don't exactly sustain a large, high HDI population. They bring money and wreck the environment, which gets less pushback in Australia because very few live in the mining areas.