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The 1984 Economic Reforms in New Zealand

Autor Cagatay Selim
en Limba Engleză Paperback – 26 feb 2010
Beginning in the mid-1980s New Zealand underwent a comprehensive set of economic reforms, which were remarkable for their breadth and sequencing. However, the short-term adjustment costs of the policy changes in terms of the decrease in output and employment levels were higher than anticipated. There was also a delay in the macroeconomic improvement. This book, by basing on the background theories of alternative strategies of policy sequencing, focuses on counter factual policy scenarios to assess the impact of alternative policy sequencing. The book begins with a description of the economic structure of New Zealand in the pre- reform period, including the economic performance and the reasons behind the general deterioration in economic performance besides a summary of the economic reforms and outcomes as well. The book covers a large literature review on disputes and empirical studies of the sequencing of reforms and on empirical approaches that are used to estimate the real exchange rate. The book aims at shedding light on alternative theories of policy sequencing and timing and reaching particularly policy makers and advisors.
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Specificații

ISBN-13: 9783838348780
ISBN-10: 3838348788
Pagini: 256
Dimensiuni: 152 x 229 x 15 mm
Greutate: 0.38 kg
Editura: LAP Lambert Academic Publishing AG & Co. KG
Colecția LAP Lambert Academic Publishing

Notă biografică

Selim Çagatay (Ph.D in Economics, Lincoln University New Zealand): His research interests include applied policy analysis; agriculture-macroeconomy-environment linkages; rural poverty; sustainable development. Currently, he is the Director of Centre for Economic Research on Mediterranean Countries, Akdeniz University, Antalya, Turkey.