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Reducing the Cost of Distance: Technological Change and the Globalization of New Zealand, 1960-2000
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James Waite
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October 13, 2004
New technologies integrated New Zealand into the international economy after the 1960s. State investment in air services, international telecommunications, and container shipping enhanced access to overseas markets. They prepared the nation for the shock of Britain’s entry into the European Economic Community. Yet state-owned services were not responsive to demand and were often slow to lower the cost of conducting business between New Zealand and the outside world. This paper suggests that the deregulation and privatization of government-owned enterprises after 1984 quickly reduced the cost of distance, accelerating the globalization of New Zealand.
Published Online: 2004-10-13
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Editor's Introduction
- Editor's Introduction
- Article
- Globalization, Comparative Advantage, and Europe's Double Competitive Squeeze
- EU Enlargement and Anti-Globalization: New Paradox or Old Paradigm
- The U.S. Textile and Apparel Industry in the Age of Globalization
- Reducing the Cost of Distance: Technological Change and the Globalization of New Zealand, 1960-2000
- Impact of Globalization on International Trade between ASEAN-5 and China: Opportunities and Challenges
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