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Globalisation: Local Agency, the Global Economy, and Australia's Industrial Policy

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  • Michael Webber

    (Department of Geography and Environmental Studies, The University of Melbourne, Parkville, Victoria 3052, Australia)

Abstract

The term globalisation has been employed to denote the global integration of finance, the emergence of global corporations, the development of institutions of global governance, the global implications of environmental crises, and the commodification of previously nonmarketed arenas of social life. The author argues that globalisation needs, rather, to be conceived theoretically as the sectoral and spatial unification of systems of valuation. Using this definition, and a study of the development of trade and economic policy in Australia, he argues that there is variety of forms of globalisation, a variety of internal reasons for the emergence of policies that enhance globalised forms of economy within countries, and therefore a variety of policy responses to it.

Suggested Citation

  • Michael Webber, 2000. "Globalisation: Local Agency, the Global Economy, and Australia's Industrial Policy," Environment and Planning A, , vol. 32(7), pages 1163-1176, July.
    • Handle: RePEc:sae:envira:v:32:y:2000:i:7:p:1163-1176
    DOI: 10.1068/a3253
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    References listed on IDEAS

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    1. Guy Baeten & Erik Swyngedouw & Louis Albrechts, 1999. "Politics, Institutions and Regional Restructuring Processes: From Managed Growth to Planned Fragmentation in the Reconversion of Belgium's Last Coal Mining Region," Regional Studies, Taylor & Francis Journals, vol. 33(3), pages 247-258.
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    Cited by:

    1. Ion Stegaroiu & Diana Elena Zaharia (Stefanescu) & Stefania Mubeen (Stegaroiu), 2015. "The Leadership Adaptability Based On The Risk Of Contemporary Economy," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 261-265.

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