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Germany is leading the way with a debate on its constitution, the Basic Law. After seven decades in operation, politicians of all parties want to remove racist elements from it. Read more
If you try to make a balloon smaller by squeezing it, you should be careful. It tends not to work well. Read more
This week, Trade and Export Minister David Parker was exposed to one of the world’s worst ailments: trade protectionism. After nearly two years of negotiations, the EU leaked its agricultural “offer” to New Zealand to European media. Read more
To understand the mindset of European elites, it is worth going back to the words of the founding godfather or European integration, Jean Monnet: “Europe will be forged in crises and will be the sum of the solutions adopted for those crises." Monnet’s spirit of integration was alive in last week’s proposal to create a €750 billion fund to deal with the fallout of the coronavirus crisis. It is a gutsy move which pushes European fiscal integration to a new level. Read more
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Singapore, South Korea and Taiwan deserve praise for fighting Covid-19. While Singapore and South Korea were hit with a second outbreak, their robust containment measures have kicked back in to stop rapid spread of the virus once more. Read more
It was in 1986 when Paul Keating, then Australia’s Treasurer, made a famous remark: “If this Government cannot get the adjustment, get manufacturing going again, and keep moderate wage outcomes and a sensible economic policy, then Australia is basically done for,” Keating warned on the John Laws radio programme. “We will just end up being a third-rate economy, a banana republic.” In hindsight, Keating might have exaggerated. Read more
Wellington 25 May 2020 - To prepare for the next virus pandemic, New Zealand has plenty to learn from the successes of three East Asian states, according to a summary report from The New Zealand Initiative. Singapore, South Korea and Taiwan all successfully “flattened the epidemiological curve” early in their Covid-19 pandemic responses. Read more
This week, opinion polls revealed that the Government is more popular than ever. On current figures, Labour could comfortably govern alone, the Prime Minister’s ratings are stratospheric, and nine in ten New Zealanders approve of the Government’s handling of the public health crisis. Read more
It’s not exactly clear why there is so much nervousness about overseas interests buying something like the Auckland port. It’s not like they can take the port with them. Read more