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Between 1984 and 1991, New Zealand converted its economic system from the most heavily regulated to the least regulated in OECD. The public sector was restructured to separate core administrative functions from government-owned production activities. The latter were corporatised, and many...
Persistent link: https://www.econbiz.de/10010275621
Von 1984 bis 1991 hat Neuseeland sein Wirtschaftssystem von dem am stärksten zu dem am schwächsten reglementierten … Regierungsapparat verwandelt. - Lange Zeit war Neuseeland für sein System der zentralen Lohnfestlegung und sein Schiedsgerichtsverfahren … Staatsapparates in Neuseeland. - Bis dahin antagonistische Arbeitgeber-Arbeitnehmer-Beziehungen wurden ersetzt durch Kooperation …
Persistent link: https://www.econbiz.de/10010275639
Understanding the relationship between economic growth and its supply side influences is fundamental to understanding the sustainability of future New Zealand real per capita growth rates. This note is primarily directed at developing a wider appreciation of the issues involved in the supply...
Persistent link: https://www.econbiz.de/10010289068
Globalisation, being the trend towards increasing global economic integration, is one of the largest forces, if not the largest force, affecting world economies at present. The current period of global economic integration is unprecedented and the pace and extent of globalisation will continue...
Persistent link: https://www.econbiz.de/10012115604
Economic growth is one of the objectives of the current government. Fiscal policy, encompassing government expenditure and taxation decisions, can significantly impact on economic growth. This paper proposes a framework which views fiscal policy through three lenses and applies this approach to...
Persistent link: https://www.econbiz.de/10012115607
New Zealand has for a long-time lived with a large and negative international investment position, mainly in the form of private debt intermediated through the banking system. These debts create economic risks. Fortunately New Zealand's good institutional and policy arrangements provide economic...
Persistent link: https://www.econbiz.de/10012115628
Over the last two decades, New Zealand experienced a threefold increase in housing prices. The largest surge in prices in recent years occurred between 1998 and 2007, a period of housing price growth in many developed economies. Since 2007, housing price growth remained flat until 2011, and then...
Persistent link: https://www.econbiz.de/10012115678
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