Third Way Economic Management in New Zealand
@article{Dalziel2001ThirdWE, title={Third Way Economic Management in New Zealand}, author={Paul Dalziel}, journal={The Economic and Labour Relations Review}, year={2001}, volume={12}, pages={193 - 207} }
The article explains why a ‘Third Way’ for economic management has become important in New Zealand. Economic growth fell sharply compared to Australia after 1984, due to a slow-down in New Zealand's labour productivity growth after 1991. The paper argues this was partially the result of a neglected aspect of economic management during the 1984–94 decade of economic reform: fostering domestic physical capital formation. The third way differs from both the approach adopted prior to 1984 and the…
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