Social democracy and market reform in Australia and New Zealand
研究了1980年代澳新两国社会民主党政府推行激进自由市场改革的过程，发现新西兰改革更快但加剧不平等且经济表现差，澳大利亚改革较温和且福利有所改善，但两国经济均未如预期增长。
Social democratic governments in Australia and New Zealand adopted policies of radical free market reform, including financial deregulation, privatisation and public sector reform in the 1980s. Because of the absence of institutional obstacles to government action, reform was faster and more comprehensive in New Zealand than in Australia. The New Zealand reforms were associated with increasing inequality and generally poor economic outcomes. There is nothing in the New Zealand experience to support the view that radical free-market economic policies are consistent with social democratic welfare policies or with social democratic values of concern for the disadvantaged. The Australian reforms were less radical, and were accompanied by some refurbishment of the welfare state. Economic performance did not improve, as anticipated by advocates of reform, but was considerably better than that of New Zealand.