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Article: MANAGEMENT HISTORY; Last Gasp '90s - A new age but old issues Enter the 1990s and the millennium's last decade. Ian F Grant continues with the sixth article in his series recounting 50 years of Management in New Zealand.
- Article from:
- New Zealand Management
- Article date:
- November 26, 2004
- Author:
CopyrightCopyright 2004 New Zealand Management. Provided by ProQuest LLC. (Hide copyright information)
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At the beginning of the 1990s, with the world suddenly 'freer'
than it had ever been, there was also recession deep enough to curb
any thought of celebration. The Cold War might be over, globalisation
had taken hold, and the unlikeliest economies were liberalising - but
everywhere there was talk of restructuring, downsizing, and flatter
corporate structures.Management's May 1991 cover spelt out, in as
many words, the situation in New Zealand: "The nation is in crisis. A
high external deficit, stalled growth and chronic unemployment have
buried early chances of shaking off recession. Is continuing pain the
price of economic mis-management?" One company was bullish, even in
the depths of the ...