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Economics

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Keith Rankin Analysis – Make Deficits Great Again: Maintaining a Pragmatic Balance

May 9, 2025

Analysis by Keith Rankin. Donald Trump is a mercantilist, as noted in Trump’s tariffs: Short-term damage or long-term ruin? ‘The Bottom Line’, Al Jazeera, 11 April 2025 (or here on YouTube). But the United States, in today’s world, is not a mercantilist country. Or at least not a successful mercantilist country, though it is inhabited ... <a title="Keith Rankin Analysis – Make Deficits Great Again: Maintaining a Pragmatic Balance" class="read-more" href="https://eveningreport.nz/2025/05/09/keith-rankin-analysis-make-deficits-great-again-maintaining-a-pragmatic-balance/" aria-label="Read more about Keith Rankin Analysis – Make Deficits Great Again: Maintaining a Pragmatic Balance">Read more</a>

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Keith Rankin Chart Analysis – International Trade over time: gifts with strings

May 8, 2025

Analysis by Keith Rankin. The ‘see-saw’ chart above shows the accumulated ‘excess benefits’ that Aotearoa New Zealand, and a few other countries, have enjoyed from international trade over the last 40 years. These are benefits arising from ‘unbalanced trade’ which are in addition to the regular benefits – arising from efficient specialisation – of ‘balanced’ ... <a title="Keith Rankin Chart Analysis – International Trade over time: gifts with strings" class="read-more" href="https://eveningreport.nz/2025/05/08/keith-rankin-chart-analysis-international-trade-over-time-gifts-with-strings/" aria-label="Read more about Keith Rankin Chart Analysis – International Trade over time: gifts with strings">Read more</a>

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50 years after the ‘fall’ of Saigon – from triumph to Trump

April 30, 2025

30 April 1975. Saigon Fell, Vietnam Rose. The story of Vietnam after the US fled the country is not a fairy tale, it is not a one-dimensional parable of resurrection, of liberation from oppression, of joy for all — but there is a great deal to celebrate. After over a century of brutal colonial oppression ... <a title="50 years after the ‘fall’ of Saigon – from triumph to Trump" class="read-more" href="https://eveningreport.nz/2025/04/30/50-years-after-the-fall-of-saigon-from-triumph-to-trump/" aria-label="Read more about 50 years after the ‘fall’ of Saigon – from triumph to Trump">Read more</a>

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Keith Rankin Essay – Rational Expectations, Intelligence, and War

April 10, 2025

Essay by Keith Rankin. ‘Rational Expectations’ is a problematic theory in economics. Here I want to focus more away from economics; and more on the meanings of ‘rationality’ in decision-making, than on the problematic ambiguity of the word ‘expect’ (and its derivatives such as ‘expectations’). ‘Expectation’ here means what we believe ‘will’ happen, not ‘should’ ... <a title="Keith Rankin Essay – Rational Expectations, Intelligence, and War" class="read-more" href="https://eveningreport.nz/2025/04/10/keith-rankin-essay-rational-expectations-intelligence-and-war/" aria-label="Read more about Keith Rankin Essay – Rational Expectations, Intelligence, and War">Read more</a>

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‘Not an extension of Australia’ – Trump’s tariffs ‘reinforces’ Norfolk Island’s independence hopes

April 4, 2025

By Caleb Fotheringham, RNZ Pacific journalist Norfolk Island sees its United States tariff as an acknowledgment of independence from Australia. Norfolk Island, despite being an Australian territory, has been included on Trump’s tariff list. The territory has been given a 29 percent tariff, despite Australia getting only 10 percent. It is home to just over ... <a title="‘Not an extension of Australia’ – Trump’s tariffs ‘reinforces’ Norfolk Island’s independence hopes" class="read-more" href="https://eveningreport.nz/2025/04/04/not-an-extension-of-australia-trumps-tariffs-reinforces-norfolk-islands-independence-hopes/" aria-label="Read more about ‘Not an extension of Australia’ – Trump’s tariffs ‘reinforces’ Norfolk Island’s independence hopes">Read more</a>

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New modelling reveals full impact of Trump’s ‘Liberation Day’ tariffs – with US hit hardest

April 3, 2025

ANALYSIS: By Niven Winchester, Auckland University of Technology We now have a clearer picture of Donald Trump’s “Liberation Day” tariffs and how they will affect other trading nations, including the United States itself. The US administration claims these tariffs on imports will reduce the US trade deficit and address what it views as unfair and ... <a title="New modelling reveals full impact of Trump’s ‘Liberation Day’ tariffs – with US hit hardest" class="read-more" href="https://eveningreport.nz/2025/04/03/new-modelling-reveals-full-impact-of-trumps-liberation-day-tariffs-with-us-hit-hardest/" aria-label="Read more about New modelling reveals full impact of Trump’s ‘Liberation Day’ tariffs – with US hit hardest">Read more</a>

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Fiji slapped with Trump’s highest tariffs among Pacific countries

April 3, 2025

By Caleb Fotheringham, RNZ Pacific journalist Although New Zealand and Australia seem to have escaped the worst of Donald Trump’s latest tariffs, some Pacific Islands stand to be hit hard — including a few that aren’t even “countries”. The US will impose a base tariff of 10 percent on all foreign imports, with rates between ... <a title="Fiji slapped with Trump’s highest tariffs among Pacific countries" class="read-more" href="https://eveningreport.nz/2025/04/03/fiji-slapped-with-trumps-highest-tariffs-among-pacific-countries/" aria-label="Read more about Fiji slapped with Trump’s highest tariffs among Pacific countries">Read more</a>

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Dramatic growth of NZ’s Māori economy highlights new report

March 15, 2025

By Emma Andrews, RNZ Henare te Ua Māori journalism intern Māori contributions to the Aotearoa New Zealand economy have far surpassed the projected goal of “$100 billion by 2030”, a new report has revealed. The report conducted by the Ministry of Business, Innovation and Employment’s (MBIE) and Te Puni Kōkiri, Te Ōhanga Māori 2023, shows ... <a title="Dramatic growth of NZ’s Māori economy highlights new report" class="read-more" href="https://eveningreport.nz/2025/03/15/dramatic-growth-of-nzs-maori-economy-highlights-new-report/" aria-label="Read more about Dramatic growth of NZ’s Māori economy highlights new report">Read more</a>

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Union wary of Canadian billionaire Jim Grenon’s NZ media influence

March 6, 2025

By Susan Edmunds, RNZ News money correspondent The Aotearoa New Zealand union representing many of NZME’s journalists says it is “deeply worried” by a billionaire’s plans to take over its board. Auckland-based Canadian billionaire Jim Grenon is leading a move to dump the board of media company NZME, owners of The New Zealand Herald and ... <a title="Union wary of Canadian billionaire Jim Grenon’s NZ media influence" class="read-more" href="https://eveningreport.nz/2025/03/06/union-wary-of-canadian-billionaire-jim-grenons-nz-media-influence/" aria-label="Read more about Union wary of Canadian billionaire Jim Grenon’s NZ media influence">Read more</a>

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Indonesia’s bullion banks, new mining policies pose threat to West Papuan sovereignty

March 2, 2025

ANALYSIS: By Ali Mirin Last week, on 26 February 2025, President Prabowo Subianto officially launched Indonesia’s first bullion banks, marking a significant shift in the country’s approach to gold and precious metal management. This initiative aims to strengthen Indonesia’s control over its gold reserves, improve financial stability, and reduce reliance on foreign institutions for gold ... <a title="Indonesia’s bullion banks, new mining policies pose threat to West Papuan sovereignty" class="read-more" href="https://eveningreport.nz/2025/03/02/indonesias-bullion-banks-new-mining-policies-pose-threat-to-west-papuan-sovereignty/" aria-label="Read more about Indonesia’s bullion banks, new mining policies pose threat to West Papuan sovereignty">Read more</a>

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Cook Islands needs to ‘stand on our own two feet,’ says Brown – wins confidence vote

February 27, 2025

RNZ Pacific Prime Minister Mark Brown has survived a motion in the Cook Islands Parliament aimed at ousting his government, the second Pacific Island leader to face a no-confidence vote this week. In a vote yesterday afternoon (Tuesday, Cook Islands time), the man who has been at the centre of controversy in the past few ... <a title="Cook Islands needs to ‘stand on our own two feet,’ says Brown – wins confidence vote" class="read-more" href="https://eveningreport.nz/2025/02/27/cook-islands-needs-to-stand-on-our-own-two-feet-says-brown-wins-confidence-vote/" aria-label="Read more about Cook Islands needs to ‘stand on our own two feet,’ says Brown – wins confidence vote">Read more</a>

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Media analyst criticises Trump for applying ‘strategic coercion, economic blackmail’ policy

February 22, 2025

Pacific Media Watch One of the leading Middle East’s leading political and media analysts, Marwan Bishara, has accused President Donald Trump of applying a doctrine of ‘strategic coercion” and “economic blackmail” in his approach to the Gaza ceasefire. Bishara, senior political analyst of the Doha-based Al Jazeera global television network, was responding to the news ... <a title="Media analyst criticises Trump for applying ‘strategic coercion, economic blackmail’ policy" class="read-more" href="https://eveningreport.nz/2025/02/22/media-analyst-criticises-trump-for-applying-strategic-coercion-economic-blackmail-policy/" aria-label="Read more about Media analyst criticises Trump for applying ‘strategic coercion, economic blackmail’ policy">Read more</a>