1998
DOI: 10.1111/0952-1895.00065
|View full text |Cite
|
Sign up to set email alerts
|

Remaking New Zealand's Economic Policy: Institutional Elites as Radical Innovators 1984–1993

Abstract: During the mid-1980s and early 1990s the New Zealand economy moved from being one of the most regulated outside the former communist bloc to among the most liberal in the OECD. Largely unheralded and begun by an ostensibly social democratic Labour government, changes included the floating of the exchange rate; extensive liberalization of financial, capital and other markets; lowering of trade protection; fiscal restraint and monetary disinflation; changes to the machinery of government; corporatization and the… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

0
40
0
2

Year Published

1998
1998
2018
2018

Publication Types

Select...
5
3
1

Relationship

1
8

Authors

Journals

citations
Cited by 41 publications
(42 citation statements)
references
References 16 publications
(11 reference statements)
0
40
0
2
Order By: Relevance
“…So, after all this effort, the tradition has virtually disappeared. This "truncated development" is in distinct contrast to the Australian case from which a steady flow of ever improving work has emerged (Encel 1970;Higley et al 1979;Muller and Headey 1996;Goldfinch 1998Goldfinch , 1999Lewis and Considine 1999).…”
Section: Elites and Power: A Case Of "Truncated Development"mentioning
confidence: 87%
“…So, after all this effort, the tradition has virtually disappeared. This "truncated development" is in distinct contrast to the Australian case from which a steady flow of ever improving work has emerged (Encel 1970;Higley et al 1979;Muller and Headey 1996;Goldfinch 1998Goldfinch , 1999Lewis and Considine 1999).…”
Section: Elites and Power: A Case Of "Truncated Development"mentioning
confidence: 87%
“…Goldfinch also acknowledges the small population and a lack of resistance to change, the 'institutional simplicity' of the Westminster system of New Zealand's government and the influence of business, financial and policy-making elites on government thinking and policy development during this period (Goldfinch, 1998). Goldfinch points to an important difference in the Rogernomics approach that defines it from other neo-liberal programmes at the time -making large changes to the regulatory environment all at once -what Douglas called 'quantum leaps' so as to avoid interest groups mobilizing in time to 'drag you down ' (p. 199).…”
Section: The Deregulation Of the New Zealand Economymentioning
confidence: 99%
“…The New Zealand reforms have often been seen largely as a product of Roger Douglas, the Minister of Finance in the fourth Labour government of 1984 -90 (hence the colloquial name for the reforms, 'Rogernomics'), and a relatively small elite group of politicians, policy advisers and lobbyists (Goldfinch 1998). The theoretical basis for the reforms was signalled, though, by the New Zealand Treasury (the Ministry of Finance) in its 1987 briefing papers to the incoming government (Treasury 1987).…”
Section: Application Of the Modelmentioning
confidence: 99%