Thursday, March 14, 2019
Economic Factors have been of dominant concern in Australian Foreign Po
ECONOMIC FACTORS HAVE BEEN THE DOMINANT CONCERN IN AUSTRALIAN remote POLICY OVER THE PAST 25 YEARS.During the past 25 years, Australian abroad Policy has consisted of a residual between stinting and shelter priorities. No disposal can afford to focalise on atomic number 53 to the detriment of the other. During the Hawke and Keating era (1983-1996), economic factors were of significant importance as we were in a percentage that was growing rapidly, faster than any other region in the world. Although having said this, it can be argued that thither were exceptions whereby security initiatives were of passable concern to the government. In the current day (Howard era), it is possible to view that there is a higher emphasis on security initiatives than ever onwards due to being situated in a heavily vapourific region (Arc of Instability). Having said this, there once again has been emphasis on the economic growth and prosperity of our nation at the same time, via the exerci se of Trade Agreements and other forms of economic policy. This indicates that although there have been concern on economic factors in the past 25 years in congener to Australian Foreign Policy (AFP) decisions, there has also been a equilibrise emphasis on security factors during this period.There is no doubt that during the Hawke/Keating era (83-96) economicpriorities received significant emphasis in Australian Foreign Policy decisions. To promote the economic growth and increase of trade in the Asia peaceful Region, the Hawke government embarked on a period of enmeshment within the region. Keating proposed this enmeshment with close Tiger Economies by co-founding the APEC (Asia Pacific Economic Corporation), in 1989. Focused on facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region, it was seen as being all important(p) to maintain healthy intertheme diplomatic relations within the Asia - Pacific region. This was largely due to the strength ening employment blocks such as the EU (European Union) and NAFTA (North America Free Trade Agreement). These trading blocks exclusively stipulated that major trading was being transacted via these member economies and was ruling Australia out of many valuable market places. This strengthen that Australia must turn towards its own region for the concentration of developing itself as a strong economy and therefore founded the APEC organization under it... ...ing economic growth in the Asia Pacific Region, whilst also maintaining a fair market for the trade of agricultural goods. On the other hand particular snap was also placed on the national security interests on Australia with the fellowship in the 1991 Gulf War, in an attempt to strengthen our military ties with the ground forces and also strengthen ties via the ANZUS Treaty. However it can also be seen during the Howard era that Foreign Policy focus was primarily on a balance between security and economic objectives via t he implementation of the Helpem Fren initiative in the Solomon Islands and raise Cooperation Program in Papua New Guinea, there were also factors that determined a focus on security initiatives along with this economic focus. This was through Australias participation in the Gulf War to improve our military affinity and insurance policy with the USA. Economic factors that were also in the Australian government interests for the nation, was the bilateral free trade agreement with the USA. After evaluating both of these national parties and eras it can concluded that no government can afford to focus on one area of foreign policy to the detriment of the other.
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