Elders IXL Ltd: Finance Capital and the Geography of Corporate Restructuring

R H Fagan
Additional contact information
R H Fagan: School of Earth Sciences, Macquarie University, North Ryde, NSW 2109, Australia

Environment and Planning A, 1990, vol. 22, issue 5, 647-666

Abstract: Despite widespread agreement that the economies of nation-states have become more closely integrated globally, there has been little concrete analysis of how this has occurred. In this paper a large Australian-based firm which has emerged rapidly as a transnational agribusiness and brewing conglomerate in the 1980s is examined. The fractions of capital now reorganised as Elders IXL Ltd have adopted over time various capital accumulation strategies, forging, in each period, distinctive linkages with the global economy. To cope with restructuring crises during the 1970s, Elders has rapidly built a new global geography of production, trade, and investment, accompanied by extensive rationalisation and divestment in its Australian operations. The role of international finance capital has become increasingly important, and domestic restructuring can be understood only in terms of the new global strategies.

Date: 1990
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1068/a220647 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:22:y:1990:i:5:p:647-666

DOI: 10.1068/a220647

Access Statistics for this article

More articles in Environment and Planning A
Bibliographic data for series maintained by SAGE Publications ().