Cities, commerce and culture

The economic role of international sister-city relationships between New Zealand and Asia

Datos Bibliográficos

ID5846342
AutoresBala Ramasamy (Universiti Tenaga Nasional), Rolf D Cremer (Massey University)
Año1998
Volumen3
Número3
Páginas446-461
Fecha de publicación1998-01-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaJournal of the Asia Pacific Economy (JOURNAL)
Identificadores de la revistaISSN: 1354-7860 • E-ISSN: 1469-9648
EditorialRoutledge (PUBLISHER • GB)
DOI10.1080/13547869808724662
OpenAlexW2034775443
IdiomaEN
Citas recibidas12
Referencias citadas20

Culture has been considered to be an important factor affecting cross-border trade and investment. The existing literature addresses this issue mainly by considering the effect of culture on economic relations and suggests behavioural patterns of individuals and institutions when confronted with this environment. This paper considers an effective way to reduce the distance in the cultural gap. It discusses the concept of international sister-city relationships as an effective instrument to foster closer cultural and economic links between countries. The emphasis is on an integrating approach, based on the multifold relationships between culture and commerce. Exclusive approaches, which follow either a cultural or a commercial agenda, are questioned. The paper is based on a study conducted in 1995-96 among local governments in New Zealand with a sister-city relationship with Asia. The responses to the surveys resulted in a set of guidelines for effective management and organization of economically motivated sister-city relationships

Investment · Sister · Cross-Border Cooperation and Integration · Economic Zones and Regional Development · International Business and FDI