The New Zealand Economic Revolution: Lessons for Canada?

R. Quentin Grafton, T Hazleding and B Buchardt

Working Papers from University of Ottawa, Department of Economics

Abstract: New Zealand, beginning in 1984, implemented a virtual economic revolution that involved trade liberalization, privatization of state assets and crown corporations, deregulation of labour markets, the establishment of an independent central bank, a major reform of public finances and taxes, and a restructuring of welfare and the provision of health care and education. The New Zealand experience provides lessons to Canadian policy makers.

Keywords: ECONOMIC REFORM; CANADA; NEW ZEALAND (search for similar items in EconPapers)
JEL-codes: P51 (search for similar items in EconPapers)
Pages: 29 pages
Date: 1997
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Citations: View citations in EconPapers (1)

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