----- Original Message -----
From: Bill Cochrane <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Sunday, August 27, 2000 4:38 PM
Subject: NZ experiment
G'dday
A while back Doug posted a denouncement of the NZ economic reforms. In the
same vein though of a more academic nature I might recommend the following,
NEW ZEALAND STRUCTURAL POLICIES: OUTCOMES FOR THE LAST FIFTEEN YEARS
AND NEW DIRECTIONS FOR THE NEXT. Bryan Philpott, Emeritus Professor of
Economics Victoria University of Wellington.
NEW ZEALANDıS ECONOMIC REFORM PROGRAMME WAS A FAILURE
Dr Paul Dalziel, Department of Economics, University of Canterbury
Both papers are jam packed with nice little stats showing just how crap our
economy is, especially compared to Australia, and just who has made off with
the dollars.
Dalziel has a good chart showing the change in average per capita real
income by decile in the period 83/84 to 95/96 which I include below
Decile Percentage change 83/84-95/96
Bottom -8.71%
2 -3.95%
3 -3.21%
4 -3.41%
5 -0.54%
6 +2.14%
7 +4.66%
8 +6.65%
9 +11.54%
Top 10% +26.48%
Top 5% +36.37%
Both papers are available on line, try going to www.nzctu.org.nz go to the
on line library link at the bottom of the page and search the library under
the author name. If this fails I could always e-mail interested persons a
copy.
If the debacle described enough isn't enough to plunge NZ into depression
Australia winning the Tri nation rugby and bloody Brisbane the NRL should
have us hurling lemming like into the tasman.
Bill Cochrane
