School of Geography - Theses

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Technical change, restructuring and profitability of the Australian clothing industry

Zhang, Bing Qing ( 1991)

Rapid economic growth has been experienced in most Western countries for at least the last century. However, the nature of the world economy has changed dramatically since the 1950s. The most significant development in the world economy during the past few decades has been the industrialisation in Japan and some Third World countries and their increasing importance in the world trade. The reorganisation of production and spatial division of labour between advanced economies and developing economies has changed the order of the international economy. The global shift of production from developed countries to developing countries was attracted by cheap resources, low-labour costs and cheaper raw material, and performed by active state development policy.