Australia and United States of America



Australia and United States of America

Introduction

This paper intends to explore the differences between the governments of Australia and United States of America's approach to the development of industry policy within the food processing sector. Food processing is one of the most important manufacturing industries of any country. This paper will also explore that between Australia and United States, which country has the most powerful interest groups in the food processing industry and the justifications behind it. The purpose of this paper is to make the reader aware that every government takes its industrial policies differently and how those differences result in the development of industries within those countries.

Discussion

The food processing industry usually makes the foundation of any country's industrial policy because food is the basic necessity and countries need to develop strong policies in order to make sure that this basic necessity is provided to each and every citizen throughout the country's premises. This paper will discuss the food processing industrial policies of Australia and United States respectively.

Development of Australia's food Industry Policy

Australia's food sector including eateries, drinks and grocery manufacturing items is mainly represented by the leading organization of 'Australian Food and Grocery Council.' This council has members of more than hundred and fifty companies. Like every other industry, government policies and legislation influence the policies within the food industry sector. The Australian food industry has developed basic standards which are required to maintain in the industry.

Since the food industry is considered to be an important aspect of the country's economy, government takes several initiatives to shape up the industrial policy. The net trade balance of $6.5 billion in 2010-22 depicts the government's interest in the ability of the sector (www.innovation.gov.au). Government has announced to establish a Food Industry Support Network in order to enhance the business development and innovations within the industry. Moreover, Food Processing Industry strategy group is also responsible to develop polices for the industries which are more competitive and sustainable (Robert, Andrew & John, 2005).

The industry structure of Australia's food sector is assumed to be concentrated as the top fifty companies usually provides three quarters of the industry revenues. The food processing industry in Australia covers sectors like bakery, dairy, meat, oil, seafood and other items. The food industry policy is coordinated by the Departments of innovation, industry, science and research. The innovation department has been given the responsibility to support all the various sectors of the industry making it easier for the industry to cope up with the emerging challenges (www.innovation.gov.au).

The basic departments provided responsibility to shape up the policy by the government is assumed to create relationships between public research and industry. The government of Australia takes immense interest in this industry to ensure that Australia gain advantages from the emerging opportunities by implementing modern technologies within the industry. The announcement of Enterprise Connect also depicts the immense level of government's interest to support and encourage the industrial growth. Also, the Food Industry Strategy Group ...