POLICY Magazine
FEATURE: New Zealand's flawed growth strategy
Roger Kerr |
03 March 2003
The government's committed to raising the country's growth rate, but this will not happen while public spending and taxation remain high.
The New Zealand's government's goal of returning the country to the top half of the OECD income ladder requires sustained per capita economic growth in excess of 4% p.a. This cannot be achieved while total government spending equals 40% of the economy.
