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Governing Global ProductionNegotiating Resource Networks in Australia

Governing Global Production: Negotiating Resource Networks in Australia [The establishment of resource networks in Australia during the 1960s brought a new range of actors into contact with the Japanese steel industry. In some respects, Australia was ideal for the role of resource supplier to Japan — richly endowed with the iron ore and metallurgical coal needed for steel production, and with national and state governments promoting development strategies that prioritised the expansion of the mining industry. But Australian-based actors — both governments and firms — had goals and priorities of their own. While willing to supply low-cost raw materials to Japan, mining firms aimed to develop their mining projects as profitable enterprises in their own right, and governments sought local development payoffs from the mining industry. These goals were not an automatic fit with those of the JSM, and meant that processes of bargaining and negotiation were required between Japanese and Australian actors to reach a mutual accommodation of interests. However, comparatively disadvantageous institutional features of the Australian political economy weakened the ability of both state and firm actors in Australia to push for governance arrangements conducive to the full realisation of their interests. When cast into negotiation with the JSM and its coordinated production network strategy, these institutional features proved critical factors accounting for why the Asia-Pacific resource networks constructed during the 1960s fell under Japanese control.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Governing Global ProductionNegotiating Resource Networks in Australia

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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2013
ISBN
978-1-349-43809-9
Pages
59 –81
DOI
10.1057/9781137023193_4
Publisher site
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Abstract

[The establishment of resource networks in Australia during the 1960s brought a new range of actors into contact with the Japanese steel industry. In some respects, Australia was ideal for the role of resource supplier to Japan — richly endowed with the iron ore and metallurgical coal needed for steel production, and with national and state governments promoting development strategies that prioritised the expansion of the mining industry. But Australian-based actors — both governments and firms — had goals and priorities of their own. While willing to supply low-cost raw materials to Japan, mining firms aimed to develop their mining projects as profitable enterprises in their own right, and governments sought local development payoffs from the mining industry. These goals were not an automatic fit with those of the JSM, and meant that processes of bargaining and negotiation were required between Japanese and Australian actors to reach a mutual accommodation of interests. However, comparatively disadvantageous institutional features of the Australian political economy weakened the ability of both state and firm actors in Australia to push for governance arrangements conducive to the full realisation of their interests. When cast into negotiation with the JSM and its coordinated production network strategy, these institutional features proved critical factors accounting for why the Asia-Pacific resource networks constructed during the 1960s fell under Japanese control.]

Published: Oct 16, 2015

Keywords: Coal Industry; Reverse Auction; Commonwealth Government; Mining Lease; Australian Coal

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