The economic outlook for New Zealand

Condliffe, J. B.

doi:10.1080/00779956909543889

Cited by 8 publications

(3 citation statements)

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“…From this date until the late 1970s, the state used trade policy to moderate external problems and demands, generate revenue, bolster employment and grow the agricultural and manufacturing industries. Owing to New Zealand's small population and distance from trans-Atlantic trade routes, active state participation in the economy was considered necessary to foster a capitalist society in the likeness of "Mother England" (Condliffe 1969, Jesson 1987. As Hawke (1985) notes, during this period, there was broad agreement that New Zealand's economy should be "determined less by events overseas and more by the choice of local people" (163).…”

Section: New Zealand's Quest For Free Tradementioning

confidence: 99%

Unfair Trade: Protectionism, Protests and the Pursuit of Free Trade in New Zealand

Maher¹

2019

jba

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Is free trade dead? In January 2017, President Trump withdrew the United States from the controversial Trans-Pacific Partnership free trade agreement (TPP). This paper examines some of the anthropological implications of what emerged out of the “death” of the TPP. It analyses what this reveals about the changing contours of the neoliberal state, business-government relations and the subjectivity of corporate leaders. More broadly, it seeks to explain the tenacity of free trade and what is at stake in pursuing free trade agreements such as the TPP. Drawing on fieldwork among state and business elites in New Zealand, the paper suggests that rather than rethink its policy direction, the state deployed discursive strategies and elicited the help of business to reposition free trade as the solution, not the cause that eventually “killed” the TPP. Thus, rather than undermine neoliberalism, the demise of the TPP opened the possibility of its advancement.

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Section: New Zealand's Quest For Free Tradementioning

confidence: 99%

Unfair Trade: Protectionism, Protests and the Pursuit of Free Trade in New Zealand

Maher¹

2019

jba

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“…'Economic activity in New Zealand proceeds within a system of regulation and control so comprehensive and pervasive', he wrote in 1969's The Economic Outlook for New Zealand, 'that it cannot be described accurately in brief compass… it is little wonder that many trained and enterprising New Zealanders go, or remain, abroad in countries were greater opportunities are more freely available to work out their ideas and ambitions'. 70 The New Zealand economist J.W. Rowe for the most part concurred, writing in 1972 that controls over credit -particularly in the form of bank advances -did not restrain inflation, leading instead to greater velocity of financial circulation encouraged by sub-market level interest rates.…”

Section: IImentioning

confidence: 99%

Imagining New Zealand’s Economy in the Mid-Twentieth Century

O’Hara

2018

Imagining Britain’s Economic Future, c.1800–1975

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Few countries have been as closely studied, and fewer still so admired, as New Zealand. Americans in the Progressive era at the turn of nineteenth and twentieth centuries saw its ordered economy and concerted labour market as part of an inevitable future: as the radical academic Frank Parsons and his publisher C.F. Taylor put it in 1904, 'what is now history in New Zeland is prophesy for the rest of the world'. Parsons made himself an expert on the country's system of compulsory industrial arbitration; other experts, such as Richard T. Ely of the University of Wisconsin, worked on state ownership of infrastructure. 1 The journalist and activist Henry Demarest Lloyd, writing at the same time, was thought to aim at 'New Zealandising the rest of the world': most such schemes were not in the end transplanted to the USA, as most debates fastened on the idea of compulsion rather than the idea of economic reform which such controls aimed at: but debate often centred around the New Zealand 'model'. 2 In many other countries, for instance Japan, early socialists and reformers looked to that tiny South Pacific country as an example of how to adjust to rapid industrialization and labour unrest. The socialist thinker Abe Isō, no less than Parsons or Lloyd, thought that state ownership of the transport and energy sectors, and compulsory labour arbitration, boosted productivity and eliminated waste. 3 New Zealand's image in the nineteenth century -as an integral part of a wider Imperial whole, alternately a 'young' country that required guidance, a land whose settler-citizens might one day return to look upon Britain's own decline, and in booster literature A Land of Promise and An Earthly Paradisehas been relatively well covered. 4 Other stories are also familiar from the academic literature. New Zealand's image as a white settler community was successfully reforged by the end of the twentieth century, as a multiracial and multilingual society whose history of European treaty-making with Maori peoples -rather than outright expropriation -allowed indigenous peoples to reassert their rights and voice. 5 The mid-twentieth century, however, has been less well covered, especially as it is a period during which New Zealand began to evolve its own particular identity as a 'better' Britain shorn of the many class inequities and tensions many emigrants had rejected at 'home'. This chapter will explore the privileged place and exact location of New Zealand within the intellectual landscape of mid-twentieth century British policymakers, while not neglecting the key insight from recent transnational historiesthat ideas travelled both to and from the metropole, rather than just outwards from the United Kingdom, as well as independently around the Empire and Commonwealth. 6 Just as it has become clear that economic links between the two countries were much more complex than the mere transfer of capital from London and the return of food from New Zealand, so the diffusion of ideas throughout the Imperial system was more multifarious than mi...

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“…The role of manufactured exports (especially high technology and elaborately transformed ones) has been a recurring theme in critical commentaries on New Zealand's economic performance for the past 40 years or so. Writers such as Sutch (1965), Condliffe (1969), Franklin (1978), and most recently Crocombe, Enright and Porter (1991) and Box (1998), have all bewailed New Zealand's commodity dependence and failure to transform itself into a Switzerland, Denmark or Ireland, exporting high value added manufactured goods. The popular press contrives to highlight such figures as those in Table 5 pointing to New Zealand's poor economic performance in relation to exports.…”

Section: Manufactured Exportsmentioning

confidence: 99%

Manufacturing

Willis

2001

Asia Pacific Viewpoint

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While not as bad as the loss of 80,000 manufacturing jobs in the 1980s, the loss of a further 30,000 jobs in the 1990s showed that the process of restructuring did not stop in 1990. The picture that emerges is more varied than the destruction of the earlier decade. There is certainly evidence of a lean, mean, more export‐orientated group of firms that are competing internationally under the new low protection regime. On the other hand, it is clear that the process of restructuring and the removal of protection did not stop in the 1990s. There has been a sizeable loss of larger factories and a 22 per cent increase in smaller businesses, while surprisingly the level of foreign controlled enterprises has not increased significantly. In terms of manufacturing's contribution to exports there is both good and bad news. Exports of machinery, for example, increased by 518 per cent between 1989 and 1999. The bad news is that this is still only 18 per cent of total dairy exports, 29 per cent of meat, and only marginally ahead of wool exports, which have declined by 58 per cent in value between 1989 and 1999.

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The economic outlook for New Zealand

Cited by 8 publications

References 0 publications

Unfair Trade: Protectionism, Protests and the Pursuit of Free Trade in New Zealand

Unfair Trade: Protectionism, Protests and the Pursuit of Free Trade in New Zealand

Imagining New Zealand’s Economy in the Mid-Twentieth Century

Manufacturing

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