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• W2140212934 abstract "This paper examines the relationship between Australian-based agribusiness and the increasingly important markets of Asia. It assesses the merits of Australian government policy in general and toward the food sector in particular. It is suggested that Australian policymakers' faith in the ability of market forces to organize the domestic agribusiness sector so that 'Australian' interests might be advantaged is misplaced. More fundamentally, public policy in Australia fails to take account of the structure of international food production or the way corporate activities are organized in Asia. This case study sheds light on a number of important issues that have a salience beyond the Australian case. In particular, this paper raises questions about the public policy frameworks and theoretical models that characterize AngloAmerican approaches to engaging with Asia, and suggests that they generally continue to pay inadequate attention to the specificity of Asian production structures, business strategies or national policies. By world historical standards, Australia is a fortunate place. Blessed by natural resource wealth, and with a comparatively well-educated, wealthy and peaceful population, it has much to be thankful for. Australia’s position adjacent to the dynamic East Asian region might be expected to assure both its economic future and the maintenance of its attractive political and social traditions. Yet Australian policy makers face the sorts of difficulties when dealing with ‘Asia’ that confront all governments from the Anglo-American economies. The preferred path of market-driven economic development and integration that characterizes government policy in North America, Britain and the Australasian nations may be placing these countries and the local firms within them at a serious competitive disadvantage. In this paper we shall examine the efficacy of recent Australian government economic policy. In particular, we shall consider the impact of the Australian government’s predominantly market-oriented reform process on the Australian-based agribusiness sector. It will be suggested that successive Australian governments’ reliance on market forces to restructure ‘Australian’ business so that it may more effectively take advantage of its proximity to Asia has been at best overly optimistic, and at worst naive. The agribusiness sector in particular and the Australian case in general stand as important exemplars of issues with widespread relevance and significance. This case study sheds light on several of the more important questions in the contemporary and increasingly internationalized world economy: Does nationality continue to matter? What happens when distinctively different national corporate and policy models interact? Are there characteristics of specific industrial sectors - in this case agribusiness - that are not captured in policy and analysis that draws its principal inspiration from orthodox economics? In the first part of the paper we briefly review contemporary Australian economic policy, paying particular attention to initiatives designed to promote the food sector. Following this, we outline the most" @default.
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• W2140212934 date "1997-01-01" @default.
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• W2140212934 title "Australian-Based Agribusiness and Asia: The Political Economy of Regional Food Production" @default.
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