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| Author: | Evans, L. |
| Title: | Economic reform in New Zealand 1984-95: the pursuit of efficiency |
| Journal: | Journal of Economic Literature
1996 : DEC, VOL. 34:4, p. 1856-1902 |
| Index terms: | ECONOMICS NEW ZEALAND EFFICIENCY |
| Language: | eng |
| Abstract: | Triggered by a constitutional and foreign exchange crisis in July 1984, New Zealand launched into a sequence of economic reforms which David Henderson (1995), an experienced OECD observer, has called "one of the most notable episodes of liberalization that history has to offer." These reforms encompassed both macroeconomic stabilization and structural change. This essay summarizes key aspects of these reforms and attempts to draw some conclusions about the lessons to be learned from the New Zealand experience. |
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