Autore
Anderson, Kim

Titolo
Australian Experience and Perspectives on the Wine Market Crisis
Periodico
Symphonya
Anno: 2025 - Fascicolo: 2 - Pagina iniziale: 57 - Pagina finale: 71

Over the past four decades, all annual indicators of the Australian wine industry's international competitiveness have traced a steep inverted V. This paper contrastssuch indicators with those of other key wine-exporting countries. A series of partial explanations for the industry's sharp rise and then equally steep fall in itsinternational competitiveness (and its several bumps along the way) are then provided. The New Zealand and Californian wine industry's prolonged expansionsin particular are contrasted with Australia's. Despite the current downturn in the industry's fortunes, and notwithstanding the likelihood of further boom-slump cycles in the decades ahead, a return to profitability is possible, but it is likely to requirevignerons and wine exporters to raise their current rates of investments in R&D, quality improvements and promotion



SICI: 1593-0300(2025)2<57:AEAPOT>2.0.ZU;2-O
Testo completo: Boom-Plateau, Wine Cycles, Intersectoral and International Competitiveness, Comparative Advantage, Wine Trade Specialization and Bilateral Concentration

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