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Different Paths to Neo‐Liberalism? Comparing Australia and New Zealand
Author(s) -
Bray Mark,
Walsh Pat
Publication year - 1998
Publication title -
industrial relations: a journal of economy and society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.61
H-Index - 57
eISSN - 1468-232X
pISSN - 0019-8676
DOI - 10.1111/0019-8676.00092
Subject(s) - liberalism , arbitration , politics , economic liberalism , political science , political economy , development economics , economics , law
Australia and New Zealand are best known for their systems of industrial relations based on compulsory arbitration. However, recent years have seen trends in both countries toward neo‐liberalism—trends that represent the end of compulsory arbitration. This paper traces the path taken toward neo‐liberalism, the speed of the journey, and the destination reached in both countries. In attempting to explain the differences between them, it is institutional factors—industrial and political—that are given highest priority.