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Economic growth

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Rich and poor don’t recover equally from epidemics – target: rebuild fairly

May 26, 2020

ANALYSIS: By Ilan Noy of Te Herenga Waka — Victoria University of Wellington Since the Indian Ocean tsunami of 2004, disaster recovery plans are almost always framed with aspirational plans to “build back better”. It’s a fine sentiment – we all want to build better societies and economies. But, as the Cheshire Cat tells Alice ... <a title="Rich and poor don’t recover equally from epidemics – target: rebuild fairly" class="read-more" href="https://eveningreport.nz/2020/05/26/rich-and-poor-dont-recover-equally-from-epidemics-target-rebuild-fairly/" aria-label="Read more about Rich and poor don’t recover equally from epidemics – target: rebuild fairly">Read more</a>

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Keith Rankin Chart Analysis – National Income: the Pie Chart

May 12, 2020

Analysis by Keith Rankin. Income in an Economy The chart above shows how income is distributed in an economy. It shows three major sectors: Government, Business and Households. Households are the principal sector; governments and businesses serve households, and are accountable to households. The chart is a pie chart, representing the economic pie. (For now, ... <a title="Keith Rankin Chart Analysis – National Income: the Pie Chart" class="read-more" href="https://eveningreport.nz/2020/05/12/keith-rankin-chart-analysis-national-income-the-pie-chart/" aria-label="Read more about Keith Rankin Chart Analysis – National Income: the Pie Chart">Read more</a>

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Bryce Edwards’ Political Roundup: How rotten is New Zealand?

December 17, 2019

How rotten is New Zealand, given the state of poverty at the end of 2019? And why do politicians and the public allow it? These are the questions that might be asked in the lead up to Christmas this year, given the wealth of information we have on disadvantage and suffering at the moment. Auckland ... <a title="Bryce Edwards’ Political Roundup: How rotten is New Zealand?" class="read-more" href="https://eveningreport.nz/2019/12/17/bryce-edwards-political-roundup-how-rotten-is-new-zealand/" aria-label="Read more about Bryce Edwards’ Political Roundup: How rotten is New Zealand?">Read more</a>

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Bryce Edwards’ Political Roundup: The Govt’s smart but conservative spending announcement

December 12, 2019

In his big-spending infrastructure announcement yesterday, Grant Robertson reinforced what many political commentators say about him – he’s electorally smart, but way too conservative to be a genuine leftwing minister of finance. Robertson does what is right for winning votes, but not necessarily what is in the interests of the country or even Labour’s own ... <a title="Bryce Edwards’ Political Roundup: The Govt’s smart but conservative spending announcement" class="read-more" href="https://eveningreport.nz/2019/12/12/bryce-edwards-political-roundup-the-govts-smart-but-conservative-spending-announcement/" aria-label="Read more about Bryce Edwards’ Political Roundup: The Govt’s smart but conservative spending announcement">Read more</a>

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Bryce Edwards’ Political Roundup: Shouldn’t the Government be spending more?

September 9, 2019

Analysis by Dr Bryce Edwards – What sort of topsy-turvy political world have we arrived at? This week, the Government continued to defend its fiscally conservative approach, in direct opposition to economists who suggest more spending is warranted. Even Treasury, the Reserve Bank, the private sector, and National appear to be open to much greater ... <a title="Bryce Edwards’ Political Roundup: Shouldn’t the Government be spending more?" class="read-more" href="https://eveningreport.nz/2019/09/09/bryce-edwards-political-roundup-shouldnt-the-government-be-spending-more/" aria-label="Read more about Bryce Edwards’ Political Roundup: Shouldn’t the Government be spending more?">Read more</a>

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Keith Rankin’s Chart of the Month: Fiscal Balances Compared – Public Deficits offset Private Surpluses

April 15, 2019

Analysis by Keith Rankin New Zealand has a ‘fiscal responsibility’ clause in its Public Finance Act; a clause that began its life in 1994 as the Fiscal Responsibility Act. As a result, New Zealand has an effective ‘Balanced Budget policy’. A similar policy has been adopted this decade by the European Union (EU). Balanced Budget ... <a title="Keith Rankin’s Chart of the Month: Fiscal Balances Compared – Public Deficits offset Private Surpluses" class="read-more" href="https://eveningreport.nz/2019/04/15/keith-rankins-chart-of-the-month-fiscal-balances-compared-public-deficits-offset-private-surpluses/" aria-label="Read more about Keith Rankin’s Chart of the Month: Fiscal Balances Compared – Public Deficits offset Private Surpluses">Read more</a>

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EDITORIAL: New Zealand Should Be Well Pleased with Ardern’s NZ-PRC Bilateral

April 2, 2019

Editorial by Selwyn Manning. This week New Zealand’s Prime Minister Jacinda Ardern concluded her first bilateral with China’s two top leaders President Xi Jinping and Premier Li Keqiang and ended with clear signals the two countries are poised to build on the $30billion two-way trade relationship. But there was more to this bilateral meeting than ... <a title="EDITORIAL: New Zealand Should Be Well Pleased with Ardern’s NZ-PRC Bilateral" class="read-more" href="https://eveningreport.nz/2019/04/02/editorial-new-zealand-should-be-well-pleased-with-arderns-nz-prc-bilateral/" aria-label="Read more about EDITORIAL: New Zealand Should Be Well Pleased with Ardern’s NZ-PRC Bilateral">Read more</a>

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Keith Rankin’s Chart for the Month – Productivity Contradictions

March 27, 2019

Analysis by Keith Rankin As the public (and many economists) see it, economic growth (growth of Real GDP; marketed economic output) is the principal economic goal of a nation state. Some economists hold a (slightly) more nuanced view – for them it is productivity growth that matters – but when pressed they cannot conceive of ... <a title="Keith Rankin’s Chart for the Month – Productivity Contradictions" class="read-more" href="https://eveningreport.nz/2019/03/27/keith-rankins-chart-for-the-month-productivity-contradictions/" aria-label="Read more about Keith Rankin’s Chart for the Month – Productivity Contradictions">Read more</a>

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Bryce Edwards’ Political Roundup: Defeat looms for the Government on the CGT

February 27, 2019

Political Roundup: Defeat looms for the Government on the CGT by Dr Bryce Edwards The capital gains tax debate is a huge political issue, and a great deal rides on the outcome – especially the chances of the Labour-led Government being re-elected next year. So far, it’s not looking great for the Government. At this ... <a title="Bryce Edwards’ Political Roundup: Defeat looms for the Government on the CGT" class="read-more" href="https://eveningreport.nz/2019/02/27/bryce-edwards-political-roundup-defeat-looms-for-the-government-on-the-cgt/" aria-label="Read more about Bryce Edwards’ Political Roundup: Defeat looms for the Government on the CGT">Read more</a>

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Bryce Edwards’ Political Roundup: The biggest problem with the CGT – it won’t do enough

February 26, 2019

Political Roundup: The biggest problem with the CGT – it won’t do enough by Dr Bryce Edwards Are the purported benefits of the Tax Working Group’s proposed capital gains tax an illusion? So far, questions about the potential effectiveness of the tax are the biggest challenge to the proposal, as there are strong doubts about ... <a title="Bryce Edwards’ Political Roundup: The biggest problem with the CGT – it won’t do enough" class="read-more" href="https://eveningreport.nz/2019/02/26/bryce-edwards-political-roundup-the-biggest-problem-with-the-cgt-it-wont-do-enough/" aria-label="Read more about Bryce Edwards’ Political Roundup: The biggest problem with the CGT – it won’t do enough">Read more</a>

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Bryce Edwards’ Political Roundup: The best arguments for the capital gains tax

February 25, 2019

Political Roundup: The best arguments for the capital gains tax by Dr Bryce Edwards During the last decade, there has been an explosion of concern around the world about economic inequality. Here in New Zealand there has been a growing debate about how to deal with this, and virtually all parts of the political spectrum ... <a title="Bryce Edwards’ Political Roundup: The best arguments for the capital gains tax" class="read-more" href="https://eveningreport.nz/2019/02/25/bryce-edwards-political-roundup-the-best-arguments-for-the-capital-gains-tax/" aria-label="Read more about Bryce Edwards’ Political Roundup: The best arguments for the capital gains tax">Read more</a>

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Bryce Edwards’ Political Roundup: National’s deliberate “woke-provoking” ad

February 15, 2019

Political Roundup: National’s deliberate “woke-provoking” ad by Dr Bryce Edwards Is the National Party’s latest online advert deliberately designed to provoke a backlash from liberal opponents? And is National trying to feed the fire of a growing culture war in New Zealand? It’s seems so, and the party’s desired result is being achieved. The taxpayer-funded ... <a title="Bryce Edwards’ Political Roundup: National’s deliberate “woke-provoking” ad" class="read-more" href="https://eveningreport.nz/2019/02/15/bryce-edwards-political-roundup-nationals-deliberate-woke-provoking-ad/" aria-label="Read more about Bryce Edwards’ Political Roundup: National’s deliberate “woke-provoking” ad">Read more</a>