Selective Government Interventions and Economic Growth : A Survey of the Asian Experience and its Applicability to New Zealand / Jonathan Ostry.

Format:

Book

Government document

Author/Creator:

Ostry, Jonathan.

Series:

IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1993/017

IMF Policy Discussion Papers

Language:

English

Physical Description:

1 online resource (24 p.)

Other Title:

Selective government interventions and economic growth

Place of Publication:

Washington, D.C. : International Monetary Fund, 1993.

Summary:

Since the mid-1980s, New Zealand has been engaged in a broad-ranging economic reform program--involving liberalization of key sectors of the economy, reduction in trade protection, and trimming of the public sector--in order to restructure its economy and stimulate growth. With growth performance having been rather lackluster in recent years, questions have been raised as to whether a more interventionist approach--such as that followed by some Asian countries--might be warranted in order to place the economy on a higher growth path. A review of the empirical literature dealing with the experience of the dynamic Asian economies does not suggest that their success can be attributed to any significant degree to selective government interventions.

Notes:

Description based on print version record.

ISBN:

9781455284184

1455284181

9781455226580

1455226580

9781451965384

1451965389