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Manufacturing, Market Policy and Exports in Australia: Emulating the East Asian Economic Miracle

Author

Listed:
  • Bayari, Celal
Abstract
This paper considers industry policy and manufacturing in Australia by discussing the levels of tariffs and assistance by the Australian state. Australian policymakers have long been fascinated by the rise of East Asia and attempted to emulate a similar high-tech manufacturing industry via neo-liberal deregulation. Such a deregulation was of course was never part of the origin of the East Asian miracle until the 1980s. When it did occur however its effects soon became acutely visible in 1997-1998 across Asian economies. The paper does not discuss whether a singular East Asian economic model exists. Nor does it debate the validity of the project apparently contained in the government policy since the 1980s. More to the point, this paper raises the market policy movement that took inspiration from fixed perceptions of the East Asian economic mira-cle which was frequently (but not necessarily correctly) identified with neo-liberal deregulation. In the paper, the exports of elaborately transformed manufactures, especially during the Howard Coalition government (1996-2007) period, are analysed. What is Australia’s trade performance in such manufactures, including elaborately transformed manufactures? What is the debate on the current support mechanisms? Most importantly, what has the 1990s-2000s neoliberal market governance achieved in Australia? The paper covers these questions and reflects on the nature of Australian manufacturing exports to Japan.

Suggested Citation

  • Bayari, Celal, 2011. "Manufacturing, Market Policy and Exports in Australia: Emulating the East Asian Economic Miracle," MPRA Paper 103868, University Library of Munich, Germany, revised 01 May 2011.
    • Handle: RePEc:pra:mprapa:103868
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/103868/1/MPRA_paper_103868.pdf
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    References listed on IDEAS

    as
    1. Bayari, Celal, 2008. "Japanese auto manufacturers in the Australian market and the government industry assistance spending," MPRA Paper 101830, University Library of Munich, Germany, revised 04 Apr 2008.
    2. Evan Jones, 2000. "The Howard Governments Industry Policy," Economic Papers, The Economic Society of Australia, vol. 19(3), pages 60-75, September.
    3. Bayari, Celal, 2010. "Japanese Hybrid Factories in Australia: Analysing Labor Relations and Reflecting on the Work of Tetsuo Abo," MPRA Paper 101832, University Library of Munich, Germany, revised 01 Feb 2010.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Celal Bayari, 2016. "Economic Geography of the Australian Mining Industry," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 107(5), pages 552-566, December.

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    More about this item

    Keywords

    Australian economy; East Asia; Manufacturing; Market Policy; Trade;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F1 - International Economics - - Trade
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F2 - International Economics - - International Factor Movements and International Business
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F6 - International Economics - - Economic Impacts of Globalization
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • P0 - Political Economy and Comparative Economic Systems - - General
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General
    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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