1986
DOI: 10.1080/14041048609409765
|View full text |Cite
|
Sign up to set email alerts
|

Australia's BHP Ltd—an emerging Transnational Resources Corporation

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1

Citation Types

0
5
0

Year Published

1988
1988
2016
2016

Publication Types

Select...
5
1

Relationship

0
6

Authors

Journals

citations
Cited by 7 publications
(5 citation statements)
references
References 0 publications
0
5
0
Order By: Relevance
“…Take the example of the declining steel industry on the NSW Illawarra coast when BHP appealed to the Federal Government for massive assistance to upgrade its technical base. With support from a regional Australian Geographer 25 (2), November, 1994 coalition of workers, residents and local business people keen to 'save their region', BHP was successfully granted depreciation allowances, tax breaks and investment assistance for the acquisition of new technology (Fagan 1987). The Federal Government, in allowing a massive redistribution of national wealth to flow to this particular enterprise, displayed a simple belief in the centred corporation.…”
Section: Class and Distributionmentioning
confidence: 99%
See 1 more Smart Citation
“…Take the example of the declining steel industry on the NSW Illawarra coast when BHP appealed to the Federal Government for massive assistance to upgrade its technical base. With support from a regional Australian Geographer 25 (2), November, 1994 coalition of workers, residents and local business people keen to 'save their region', BHP was successfully granted depreciation allowances, tax breaks and investment assistance for the acquisition of new technology (Fagan 1987). The Federal Government, in allowing a massive redistribution of national wealth to flow to this particular enterprise, displayed a simple belief in the centred corporation.…”
Section: Class and Distributionmentioning
confidence: 99%
“…In the case of the Illawarra, the hope that shoring up BHP's profitability would benefit the BHP steel division and the South Coast economy was not realised. The international acquisitions and operations of BHP flourished and no new jobs were created in the Illawarra (Fagan 1987). The flow of resources to BHP steel was distributed within the corporation as class payments to secure productive operations elsewhere and to engage in non-class revenue generation activities such as buying and selling assets and currency.…”
Section: Class and Distributionmentioning
confidence: 99%
“…Case-studies of the largest Australian industrid organisations have shown a 'double movement' of capital towards both the largest northern hemisphere markets (especially the United States) and the NICs. Since 1981 investments in North America and Western Europe by TNCs domiciled in Australia, such as BHP Ltd and Elders IXL Ltd, have dwarfed their investments in the Third World (Australia: Bureau of Industry Economics, 1983;Fagan, 1986a). Australian manufacturing is squeezed from both sides of this double capital movement.…”
Section: Australia and The Asia-pacific Region: Studies In The Lnternmentioning
confidence: 99%
“…While BHP Ltd increased the proportion of its steel production exported since the late 1980s, this has reflected the impact of the recession on steel-using industries in Australia and, hence, on BHPs domestic order book. The company has retained its primary focus on the domestic market for its steel division, rather than actively pursuing a strategy aimed at major steel exports to the Asia-Pacific region (Fagan 1986). Garnaut's hopes seem to rest either with some of Australia's other large iron ore exporters including basic steel in their exports to Pacific Rim customers, or steelmakers from newly-industrialising countries locating plants in Australia rather than importing our low-cost coal and iron ore!…”
mentioning
confidence: 98%