After World War II, Australia emerged as a significant global player due to its increased economic growth, driven by post-war reconstruction and the demand for raw materials, as well as its strategic partnerships, especially with the United States in the context of the Cold War. Additionally, Australia sought to assert its influence in the Asia-Pacific region through involvement in international organizations and initiatives, promoting stability and economic cooperation.
"Austraila after world war two emerged as new global player" how so? Please explain it in two sentences.
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