Skip to main content Accessibility help
×
Hostname: page-component-cd9895bd7-p9bg8 Total loading time: 0 Render date: 2024-12-26T02:38:49.514Z Has data issue: false hasContentIssue false

9 - Structural adjustments in Australia and New Zealand

Published online by Cambridge University Press:  19 January 2010

Get access

Summary

As a group the textiles and clothing industries in Australia and New Zealand have a number of features in common with each other and with other advanced industrial countries. One is that they are heavily protected by government policies. Another is that they have been facing increasing competition from Asia's newly industrialized economies (NIEs) and more recently from the People's Republic of China. Despite high protection, they have been declining in relative terms as contributors to their national economies in terms of both output and employment. The Australian and New Zealand experiences provide interesting case studies because, notwithstanding these similarities, some other trends and behaviour within this group of industries differ markedly both between Australia and New Zealand and between these two countries and other advanced industrial economies.

The first section of this chapter looks at the patterns of trade and production specialization in Australia and New Zealand and compares these patterns with those in other advanced industrial countries. The second and third sections examine these two country cases in greater detail, while the fourth analyses these stylized facts in terms of an adaptation of a model, developed by Dixit and Grossman (1982), of intra-industry production and trade for goods-in-process. This model can be used to interpret the trends in the region in relation to trends in the global industry.

Patterns of trade and production specialization

Most advanced industrial countries are net importers of textiles and clothing commodities as a group and most developing countries are net exporters.

Type
Chapter
Information
The New Silk Roads
East Asia and World Textile Markets
, pp. 167 - 192
Publisher: Cambridge University Press
Print publication year: 1992

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×