Reducing the Cost of Distance: Technological Change and the Globalization of New Zealand, 1960-2000

Waite James ()
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Waite James: Ph.D. candidate at Ohio University, and is affiliated with the Contemporary History Institute. He conducted research for this paper as a resident at the Stout Centre for New Zealand Studies at Victoria University of Wellington, New Zealand.

Global Economy Journal, 2004, vol. 4, issue 1, 21

Abstract: 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.

Date: 2004
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DOI: 10.2202/1524-5861.1004

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