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Before 1984 New Zealand was insulated by high levels of protectionism and with a degree of State intervention and regulation unparalleled elsewhere in the western world. Since then New Zealand has experienced one of the most far reaching economic reform programmes of any developed economy. The book describes and analyses the radical economic reform programme undertaken in New Zealand since 1985. These reforms included deregulation of the financial sector, removal of various forms of assistance to producers, particularly in the agricultural sector, increased import liberalisation, radical tax reform, a major overhaul of the public sector and the privatisation of state enterprises. The book seeks to explain why a Labour Government embarked upon the sort of reform programme normally considered the preserve of right-wing administrations elsewhere. It argues that New Zealand's experience provides important lessons for policy-makers elsewhere.

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This is an updated edition which takes account of changes in New Zealand’s political life. It offers commentary and information on current affairs, as well as alternative models that attempt to integrate both economic and social outcomes.

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New Zealand continues to lead the rankings for the Ease of Doing Business and for Starting a Business respectively. New Zealand has an open-market economy, a stable political system, and has been recognized as one of the world’s least-corrupt countries. This allows businesses to operate with confidence in New Zealand. Exporters to New Zealand should be prepared to adapt their business model to suit the nation’s small population and geographic isolation. New Zealand consists of several islands. The North Island and South Island, and a number of smaller islands with the capital and Government based in Wellington in the North Island. The resident population is approximately 4.4 million. New Zealand has an efficient market driven economy capable of delivering benefits to investors including business stability, extensive free trade agreements and active government support for investment. CEO.