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The Commonwealth as an Economic Network
Author(s) -
Robertson Paul L.,
Singleton John
Publication year - 2001
Publication title -
australian economic history review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.493
H-Index - 16
eISSN - 1467-8446
pISSN - 0004-8992
DOI - 10.1111/1467-8446.00086
Subject(s) - commonwealth , preference , economy , political science , geography , sociology , economic geography , regional science , economics , law , microeconomics
Research on the economics and sociology of business networks also sheds light on the development of networks of countries. The British Commonwealth was an important global network, or group of networks, in the mid‐twentieth century. Commonwealth members, including Australia and New Zealand, cooperated in the management of the Sterling Area and the Commonwealth Preference Area. Yet Commonwealth members also had links to other networks and other sources of influence including the USA, continental Europe and Japan. During the 1950s and 1960s, there was a gradual change in the network relations of Australia and New Zealand, involving a diminution in the importance of bilateral ties with Britain.