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The Australian Textile and Clothing Industry Group: Untoward Effects of Government Intervention

In: Structural Adjustment in Developed Open Economies

Author

Listed:
  • Peter J. Lloyd

    (Australian National University)

Abstract

Textile and clothing industries comprise a group of industries which have exhibited trends common to many industrialised countries. Increasing competition from the Newly-industrialised Countries (NICs) in particular has raised the share of the market held by imported supplies. Changes in technological processes and in fashion have forced other major adjustments upon producers in the group. Governments have responded to these pressures by increasing the level of government assistance to the industries. (See Keesing and Wolf, 1980.) Thus the group provides an example of industries which have been subject to higher-than-average competitive pressures for structural adjustments and of the government response to these pressures.

Suggested Citation

  • Peter J. Lloyd, 1985. "The Australian Textile and Clothing Industry Group: Untoward Effects of Government Intervention," International Economic Association Series, in: Karl Jungenfelt & Douglas Hague (ed.), Structural Adjustment in Developed Open Economies, chapter 15, pages 485-532, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-17919-0_15
    DOI: 10.1007/978-1-349-17919-0_15
    as

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