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Asia Sentinel
The Lucky Country's Luck About to Run Out?

The Lucky Country's Luck About to Run Out?

Our Correspondent
Feb 23, 2011
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Asia Sentinel
Asia Sentinel
The Lucky Country's Luck About to Run Out?
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"The poor white trash of Asia." It is some 30 years since a typically arrogant Lee Kuan Yew wrote off Australians with these derisory words.

It has been nearly three decades of developments which have seen Australia confound such critics: The major economic reforms of the 1980s that opened up the economy and undermined old businesses and union power cent…

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