Paper to the Wairarapa Branch of the NZIIA, July 21 2010. Keywords: Globalisation & Trade; Macroeconomics & Money; Introduction Future historians are likely to identify the topics of this evening’s presentation as the two major economic forces of our times: the rising importance of the Chinese economy and the Global Financial Crisis. My task tonight…
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Note to a foreign policy meeting under Chatham House rules, 21 June, 2010. Keywords: Globalisation & Trade; Political Economy & History; The central thesis of my paper is that the balance of world economic power is changing dramatically. The shift reflects the world economy shifting back to the pattern of the eighteenth century and earlier…
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Presentation to an EPMU seminar, 29 April, 2010 Keywords: Globalisation & Trade; Labour Studies; Twenty years ago the Engineering Union commissioned me to think about the alternative to Rogernomics. According to the last prime minister, Helen Clark, my report Open Growth was influential on the last Labour Government’s economic strategy, although it was not totally…
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A fundamental change in the global economy bodes well for New Zealand. Listener: 20 March, 2010 Keywords: Globalisation & Trade; Throughout most of the 20th century, the prices we got for our farm exports fell relative to what we paid for our imports. This drop in our terms of trade meant we had to export…
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Presentation for the Wellington Branch of the NZIIA AGM, 16 March 2010 Keywords: Globalisation & Trade; Last year was a period of economic re-stabilisation after the Global Financial Crisis which began in 2008, although there were clear signs of its onset in 2007 and even 2006. It would be easy to think that the world…
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Paper for NZIIA Seminar “New Zealand and the BRIC Group”, 24 November 2009 It may be useful to first read New Developments in Trade and Trade Theory. Keywords: Globalisation & Trade; I begin with a question; its answer eventually leads to an extraordinary scenario for the future of the world. ‘What two countries had the…
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<a name=”TOP”></a> NZIIA Mini-seminar on New Zealand’s Overseas Trade: Policies and Practices One Hundred Years Experience of Overseas Trade Development. 9 November, 2009 Keywords: Globalisation & Trade; Three centuries ago, there was little international trade. Almost all involved ‘absolute advantage’, the exchange of products which could not be locally produced. Because the cost of transportwas…
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Notes for Seminar 22 September, 2009. Keywords: Globalisation & Trade; Growth & Innovation; While there is much talk about New Zealand catching up with Australia in per capita GDP terms there is not a lot of careful economic analysis. The accompanying graph shows the record over the last forty odd years. In 1967…
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Political Review July /August 1996. An earlier version was published as ‘Of Dogma and Dealers’. Electronic Journal of Organisational Theory
Keywords: Business & Finance; Political Economy & History;
It is sometimes hard to recognise the New Zealand which the enthusiasts for the recent reforms portray.
Economic geography is all location, location, location Listener: 29 November, 2008 Keywords: Globalisation & Trade; When I was awarded a Marsden Grant to study globalisation in 2004, I was pretty clear about the -subject’s economics. As the costs of distance (such as transport costs) fell, the opportunities and benefits from trade rose, and that would…
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Presentation to Auckland Regional Council: 29 October. 2008. Keywords: Globalisation & Trade; Governance; Growth & Innovation; Aucklanders sometimes talk about wanting to have a ‘world class city’. Since any city can be world class in its class, that is not a very ambitious goal. The issue is in which class does Auckland want to be?…
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Keywords: Globalisation & Trade; Growth & Innovation; 1. Macroeconomic Issues 1.1 The International Financial Crisis is leading to a world economic recession. Nobody knows how deep or long it will be. It is bound to impact on New Zealand and will take up a lot policy time in the near future. 1.2…
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Contribution to a panel which is a part of the launch of the Australia-New Zealand Connections Research Centre (ANZRC), University of Canterbury, Christchurch, Friday 10 October 2008. Keywords: Globalisation & Trade; Labour Studies; Political Economy & History; The Trans-Tasman labour market is over two hundred years old – perhaps since the first convict…
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Be prepared — rises in the price of food and oil are here to stay. Listener: 26 July, 2008. Keywords: Globalisation & Trade; Long-time readers will not be surprised at the higher prices for food and oil. We can expect them to rise (relatively) as the terms of trade switch in favour…
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Presentation to a Union Gathering: July 2, 2008 Keywords: Globalisation & Trade; Growth & Innovation; Political Economy & History; Central to policy is that there are always new forces which are requiring to adapt policies to new circumstances – what may be called ‘ongoing modernisation’. There are three major sources of these forces. …
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23 April, 2008 Keywords: Globalisation & Trade; Governance; Introduction The purpose of this note is to bring together various writings of mine about some analytic tools, which the Royal Commission on Auckland Governance may find helpful. There are no specific recommendations other than I commend the use of these tools were relevant….
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A Spirited Conversation: 7 April 2008. Keywords: Globalisation & Trade; Literature and Culture; Political Economy & History; When I began the study which led to my book, Globalisation and the Wealth of Nations, I assumed that ultimately globalisation would destroy nations. I knew that globalisation had created the modern nation-state, which hardly existed…
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The days of having a dominant world currency are coming to an end. Listener: 9 February, 2008. Keywords: Globalisation & Trade; Macroeconomics & Money; When a barrel of oil rose to $US100, it also cost E69, $NZ130 and at least 200 million Zimbabwean dollars (at the unofficial exchange rate). There was some…
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The Meaning of Globalisation Globalisation – the integration of regional and national economies – has been one of the great forces which have shaped the modern world. New Zealand would be a very different place had there been no globalisation and its forces continue to influence our world. To what extent we can shape our…
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Coconuts provide wood, mats, thatch, medicine … and a future. Listener: 19 January, 2008. Keywords: Globalisation & Trade; Last November, the Body Shop announced it was shipping 300kg of refined organic coconut oil from Samoa to Britain for use in a new product range to be launched in 2008. In some…
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