Abstract

The global wine industry has been dramatically transformed over the past two decades. Systematic overproduction in parts of both the ‘Old’ and ‘New’ world industries, the entry of new producers and the extension of viticulture into new regions, climate change, shifting patterns of consumption and trade, and changing regimes of capital and regulation have all fundamentally reshaped the nature and geography of the wine industry. Apparently contradictory trends of large-scale plantings and corpo...

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