Bryce is a Senior Fellow at The New Zealand Initiative and the Director of the Wellington-based economic consultancy firm Capital Economics.
Prior to setting up his consultancy in 1997, he was director, and shareholder in First NZ Capital. Before moving into investment banking in 1985, he worked in the New Zealand Treasury, reaching the position of Director.
Bryce holds a PhD in Economics from the University of Canterbury and was a Harkness Fellow at Harvard University. He is a Fellow of the Law and Economics Association of New Zealand.
Phone: +64 4 499 0790
Economists can agree about many things. The importance of tradable property rights in scarce fresh water is a case in point. Read more
Fiscal surpluses are in sight, export prices are extraordinarily high relative to import prices, national income growth prospects look brighter than for many years, and this is a general election year. This sets the stage for unsustainable increases in government spending - or for tax cuts or some combination of the two. Read more
It is often said that tax is the price we pay for a civilised society. Indeed, taxes are necessary to fund key public services, including defence, law and order, the courts, border controls, civil defence, foreign affairs, public administration generally, and a contestably lengthy list of other potentially worthy activities of a collective nature. Read more
Last week the New Zealand Productivity Commission (NZPC) published its second interim report on productivity in the private sector component of the services industry. This website provides easy access to this report and related documents. Read more
Openness to the rest of the world through trade and capital is key to the prosperity of nations. Merchandise world trade has grown much faster than world GDP since 1980, but not as fast as global foreign direct investment (FDI). Read more
Healthy competition is a key driver of efficiency gains. It forces businesses to focus on meeting customer needs better than anyone else. Read more
This year, HSBC asked over 7,000 ex pats in 37 countries how they felt about the attractiveness of their host countries from a financial, quality of life and child-raising perspective. The results – many of which may seem surprising – were released early this month. Read more
Scaremongering about sea-level rise is an international pastime. Retired NASA scientist James Hanson appears to be leading the pack. Read more
It is a new thing for New Zealand to have a chief science advisor to the Prime Minister. Sir Peter Gluckman’s laudable brief is "to promote discourse that will lead New Zealand to better apply evidence-based knowledge and research across all domains of public endeavour". Read more
The idea of a living wage is not new. New Zealand’s Arbitration Court determined in November 1936 that a basic weekly wage of £3.16s for an adult male would be sufficient to maintain a husband, wife, and three children in a fair and reasonable standard of comfort. Read more