Changing Relationships
David Hall
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David Hall: Victoria University of Wellington
Chapter 2 in Emerging from an Entrenched Colonial Economy, 2017, pp 19-35 from Palgrave Macmillan
Abstract:
Abstract Chapter 2 first reviews the development of New Zealand primary production from its beginnings as a key source of exports. Then it examines how over-dependence on Britain grew through a combination of sentimental links, the difficulties in global economics that encouraged the British Empire and Commonwealth countries to protect themselves through preferential trade arrangements, and, finally, through the disruption of World War II that encouraged Britain to procure all New Zealand’s meat, dairy and wool production surplus to domestic needs. The weakening of the trading links after World War II is then noted, particularly the influences that encouraged New Zealand to broaden its trading outlook and for Britain to approach the European Economic Community (EEC).
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-53016-1_2
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DOI: 10.1007/978-3-319-53016-1_2
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