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Part VI Federalism, Ch.34 The Passage Towards Economic Union in Australia’s Federation

Justin Gleeson

From: The Oxford Handbook of the Australian Constitution

Edited By: Cheryl Saunders, Adrienne Stone

From: Oxford Constitutions (http://oxcon.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 07 August 2020

This chapter explores the progress over the last 116 years in the adoption of the Australian Constitution towards the (unfinished) goal of achieving the fullest possible economic union. It first outlines theoretical concepts that underlie ‘economic union’ within a federation and describes the rather limited form of a negative economic union reflected in the express terms of the new Constitution. The key moves to strengthen Australia's negative economic union over the last 116 years are then considered. The chapter next extends this exercise to the development of a functioning (but still incomplete) positive economic union. Lastly, this chapter concludes with a discussion of the increasing enmeshment of Australia's national economy with global markets, polities, and institutions.

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