Economic Reform in New Zealand 1984-95: The Pursuit of Efficiency
研究了新西兰1984至1995年间从封闭中央控制经济转向开放市场的全面改革,包括公务员绩效合同、财政约束、税收中性等创新,并指出现代微观经济学对政策设计的贡献及改革顺序可能影响结果。
Between 1984 and 1995 New Zealand changed from a closed and centrally controlled economy to one of the most open countries in the OECD. The reforms liberalizing the economy were notable for their very comprehensive coverage and innovations that included: performance contracts for senior civil servants and the central bank, legislated constraints on fiscal expenditure decisions backed by accrual accounting, tax neutrality, subsidy-free agriculture, and no industry-specific regulation of competition. Modern microeconomics contributed much to policy design. Economic growth has been vigorous since 1991, but a different sequencing of reforms may have enhanced outcomes.