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How New Zealand's agribusinesses adjusted to rogernomics

Author

Listed:
  • W. D. Dobson

    (Department of Agricultural Economics, University of Wisconsin, Madison)

  • A. N. Rae

    (Department of Agricultural Economics and Business, Massey University, New Zealand)

Abstract

Managers of most agribusinesses surveyed believe they have adjusted effectively to New Zealand's sweeping economic reforms (Rogernomics). Firms well positioned to deal with Rogernomics and those gaining early mover advantages fared best. Strategic responses of the New Zealand agribusinesses generally contributed to profits, made them more competitive and were manageable. Labor market reforms represent unfinished business for New Zealand's government. The Reserve Bank also will be challenged to prevent further appreciation of the New Zealand dollar from stalling economic reforms and economic recovery. Businesses facing economic reforms elsewhere might profitably adopt strategies similar to those which produced positioning and early mover advantages in New Zealand.

Suggested Citation

  • W. D. Dobson & A. N. Rae, 1991. "How New Zealand's agribusinesses adjusted to rogernomics," Agribusiness, John Wiley & Sons, Ltd., vol. 7(1), pages 57-70.
    • Handle: RePEc:wly:agribz:v:7:y:1991:i:1:p:57-70
    DOI: 10.1002/1520-6297(199101)7:1<57::AID-AGR2720070106>3.0.CO;2-Q
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