Globalisation of the world's wine markets
Why does the wine industry attract so much attention? After all, it accounts for just 0.4 per cent of global household consumption, and vines over only 0.5 per cent of the world's cropland (of which barely one-third produce winegrapes). Moreover, globally it is not a growth industry in that world wine production and consumption have been declining slightly over the past two decades. But to millions of investors and hundreds of millions of consumers, this industry provides...[Show more]
|Collections||ANU Research Publications|
|Source:||The World Economy|
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