Log in Free trial  Competing in a Complex World: Brian Easton
Analyses the Economics and Politics of Globalisation  Article
excerpt  Analysis of globalisation must take the long view,
accepting that it is a process that is almost two centuries old.
The process is driven by the falling costs of distance, which
encompass not only transport costs but also the costs of
storage, security, timeliness, information and intimacy. These
falling costs can have a huge impact on national economies, with
immense political, social and cultural consequences. New Zealand
must accept that globalisation is going dramatically to affect
its economy. Its best course of action is to engage with the
process--for which it needs a sophisticated understanding of its
nature. Old theories must be set aside.   The Royal Society of
New Zealand awarded me a Marsden Fund grant to study
globalisation. The study is a continuation of my earlier
research programme, especially that which is summarised in my
book In Stormy Seas with its central me