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The Covid-19 outbreak will likely lead to a significant economic recession. The government's pandemic response has rightly prioritised maintaining employment and the ability of firms to recover quickly when the crisis abates. Read more
If New Zealand can’t recover from the economic “heart attack” of self-imposed lockdown, it could face GDP losses at Great Depression levels, according to a New Zealand Initiative research note. While the Covid-19 pandemic has not ruined New Zealand’s economic capabilities, the lockdown has forced the country into an unprecedented productivity pause which the Initiative’s senior fellow Bryce Wilkinson says could slice away about $10,000 per household this year. Read more
Read our submission, written by Eric Crampton, to the Associate Minister of Health and the Health Select Committee on the Smokefree Environments and Regulated Products (Vaping) Amendment Bill. The Initiative has, over the past several years, undertaken research into tobacco harm reduction policies. Read more
The pandemic-induced recession creates a strong case for the Government to support struggling workers with targeted assistance, rather than a Universal Basic Income (UBI), according to the new policy paper Stay on Target by The New Zealand Initiative. As the Government searches for fresh and innovative ideas to prepare for the worst economic effects of shutting down the country’s commerce over four weeks, it has tentatively proposed the introduction of a universal basic income scheme. Read more
Unless effective treatment for the novel coronavirus Covid-19 emerges quickly, the world faces not only misery but economic depression. New Zealand will be immune to neither. Read more
Asking the public for submissions on pending legislation while the country is in pandemic lockdown risks making a farce of democracy and unnecessarily distracting the Government, according to a new policy paper by the New Zealand Initiative. The business of government must go on, said the Initiative’s chief economist Dr Eric Crampton, but politicians can afford to put less urgent matters aside for the time being. Read more
The Covid-19 outbreak is quickly developing into an economic crisis. Maintaining employment and the ability of firms to recover quickly when the crisis abates is critically important given that labour markets in several European countries are yet to fully recover from the Global Financial Crisis (GFC) of 2008. Read more
This research note is the third in a series of reports discussing the Initiative’s school performance tool and school evaluation in New Zealand. We present three case studies showing how three secondary schools performed before and after our tool separated the contribution of family background from the contribution of each school. Read more
Read our submission, written by Roger Partridge, to the Ministry of Business, Innovation and Employment (MBIE), on Better protections for contractors: Discussion document for public feedback. In this submission we draw upon the research and recommendations from our July 2019 report, Work in Progress: Why Fair Pay Agreements would be bad for labour. Read more
As part of The New Zealand Initiative's transport research series, our second report, Pricing Out Congestion, focuses on the international experiences around congestion pricing, i.e. the use of road charges encouraging motorists to avoid traveling at peak times in busy routes. Read more
