The Economy after 1984

Patrick Massey

Chapter 7 in New Zealand, 1995, pp 157-182 from Palgrave Macmillan

Abstract: Abstract The ultimate success or otherwise of the reform programme must be judged on the basis of economic performance. The reform programme undoubtedly involved very considerable short-term costs. Whether these should be attributed solely to the reform programme is another matter. The strong upturn in the economy since mid-1991, however, is an indication that the reform programme has had a positive impact. There is now a widespread belief, both domestically and overseas, that the basis has been laid for a sustained period of strong economic growth. It remains to be seen whether such hopes will be fulfilled. Nevertheless it is possible to draw some lessons from New Zealand’s experience. These are of more than just academic interest, not only to New Zealanders, but to policy makers in many other countries besides.

Keywords: Interest Rate; Real Exchange Rate; Real Interest Rate; Reform Programme; Inflationary Expectation (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23927-6_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349239276

DOI: 10.1007/978-1-349-23927-6_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().