This briefing paper was the Briefing to the Incoming Government prepared before the 1990 election, it aimed to inform Ministers of the major issues Treasury sees facing New Zealand over the next few years.
Formats and related files
Table of Contents
- Chapter 1: Overview
- Introduction
- Situation and Prospects
- Policy Formulation
- Strategic Policy Priorities
- Conclusion
- Chapter 2: Current Economic Situation and Prospects
- Introduction
- Recent Economic Experience
- Economic Prospects
- Conclusions
- Chapter 3: Adjusting to International Change
- Introduction
- New Zealand's Strategic Position
- Meeting the High-Income High-Employment Objective
- International Constraints on Policy Options
- Conclusion
- Chapter 4: The Balance of Policies
- Introduction
- Interest Rates and Exchange Rates
- Lessons for Policy Design
- Conclusion
- Chapter 5: Monetary Policy
- Introduction
- Inflation Outlook
- Does Inflation Matter?
- Role of Monetary policy
- Current Conduct of Monetary Policy
- Conclusion
- Chapter 6: Fiscal Policy
- Introduction
- Fiscal Position
- The Nature of the Fiscal Problem
- Tackling the Fiscal Problem
- Expenditure Reform and Budget Processes
- Conclusion
- Chapter 7: Managing the Public Sector
- Introduction
- The Core State Sector
- Crown Agencies
- Commercial Activities
- Conclusion
- Chapter 8: Social Policy
- Introduction
- Social Welfare
- Health
- Education
- Implementing Change
- Chapter 9: The Labour Market
- Introduction
- Market Performance
- Policy Context
- Key Characteristics of a Well-Functioning Labour Market
- Labour Market Regulations
- Labour Relations Act
- Protection for Workers
- Training and Placement Programmes
- Conclusion
- Chapter 10: Regulation
- Introduction
- Choosing the Best Policy
- Industry Assistance and Import Regulation
- Environmental Regulation and Resource Management
- Capital Markets
- Conclusion
- Chapter 11: Tax
- Introduction
- Making the Tax System Work Better
- Tax Design
- Conclusion