Australia/New Zealand/Pacific and transnational organisations

Wadley, David A. and Gordon, Toby S. (2012). Australia/New Zealand/Pacific and transnational organisations. In Joseph P. Stoltman (Ed.), 21st century geography: A reference book (pp. 647-662) Washington DC, United States: Sage Publications.

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Author Wadley, David A.
Gordon, Toby S.
Title of chapter Australia/New Zealand/Pacific and transnational organisations
Title of book 21st century geography: A reference book
Place of Publication Washington DC, United States
Publisher Sage Publications
Publication Year 2012
Sub-type Chapter in textbook
ISBN 9781412974646
Editor Joseph P. Stoltman
Chapter number 58
Start page 647
End page 662
Total pages 16
Total chapters 70
Collection year 2013
Language eng
Abstract/Summary The economic geography of Oceania, covering Australia and New Zealand (Australasia), Melanesia, Micronesia, and Polynesia, offers unique insights into transnational corporations (TNCs). Factors perpetuating the “tyranny of distance” have left Australasia peripheral to the Pacific arm of the triad global markets of Europe, North America, and East Asia. From 1970 to 2004, the respective net effects of this eccentricity on Australia and New Zealand in terms of trade and shipping costs have been a 10.6% and a 10.1% reduction of annual per capita gross domestic product, or GDP (Boulhol & de Serres, 2010). Classifying the two countries is awkward, given that they exhibit characteristics of the developed “northern” G20 countries (The Group of Twenty [G-20] Finance Ministers and Central Bank Governors), yet other international organizations and developed countries sometimes label both Australasia and New Zealand as “southern” economies in transition. Both belong to the Anglo-American mainstream, but their terms of trade are dominated by raw materials and commodity exports. Each operates a Westminster style of government. Australia is a federation with central powers ceded by six former British colonies, whereas New Zealand has a unitary government, which confers authority on 16 regions. With this backdrop, the chapter first offers a statistical account of Oceania and its experience of transnationalism. Then, it outlines the role of TNCs in the major countries over the last 100 years. A resume and prognosis conclude the account.
Q-Index Code BX
Q-Index Status Provisional Code
Institutional Status UQ

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Created: Wed, 18 Jan 2012, 09:20:56 EST by Alexandra Simmonds on behalf of School of Geography, Planning & Env Management