As New Zealand nears the end of the Covid-19 public health emergency, all eyes are on the economic recovery. The New Zealand Government has already indicated the post-recovery world will look quite different. It has also given itself great flexibility in designing policies for this crisis. For example, it has temporarily suspended the financial scrutiny forms called Regulatory Impact Statements, relaxed visa rules and is about to relax planning procedures. Read more
David joins The New Zealand Initiative as a Research Fellow after spending three years in the Economics Department of the Organisation for Economic Co-operation and Development (OECD) in Paris. Between 2003 and 2016 he worked in the New Zealand public sector, undertaking economic research and analysis for the Treasury, the Commerce Commission and the Electricity Authority.
David holds a PhD in economics from Victoria University of Wellington with a focus on policy evaluation in the areas of savings and housing.
Policy Point: For better or for worse: How governments respond to crises (2020)
Policy Point: Relief measures: comparing Covid-19 wage subsidy schemes (2020)
Policy Point: Stay on Target (2020)
Policy Point: Short-time work to maintain employment (2020)
Phone: 04 494 9101
As the Government looks ahead to the end of the Covid-19 public health emergency it should first look to the past for examples of how good policy intentions in a recovery can go horribly wrong. Read more
Early in the pandemic crisis, the Government was quick to offer a wage subsidy scheme to help protect both employers and employees. But is this scheme still fit for purpose? Read more
The Covid-19 outbreak will likely lead to a significant economic recession. The government's pandemic response has rightly prioritised maintaining employment and the ability of firms to recover quickly when the crisis abates.To this end the Government was quick to implement a wage subsidy scheme but as the crisis has evolved, it is only right to ask whether this scheme remains fit for purpose. This report compares wage subsidy schemes in Canada and Australia with New Zealand’s Read more
Following the release of his report Short-time work to maintain employment, David Law discusses the benefits of short-time work with Kerre McIver on Newstalk ZB. Read more
The Covid-19 outbreak is quickly developing into an economic crisis. A top priority for the Government now is to maintain employment and ensure firms can quickly recover when the lockdown ends. Read more
The pandemic-induced recession creates a strong case for the Government to support struggling workers with targeted assistance, rather than a Universal Basic Income (UBI), according to the new policy paper Stay on Target by The New Zealand Initiative. As the Government searches for fresh and innovative ideas to prepare for the worst economic effects of shutting down the country’s commerce over four weeks, it has tentatively proposed the introduction of a universal basic income scheme. Read more
The Covid-19 outbreak is quickly developing into an economic crisis. Maintaining employment and the ability of firms to recover quickly when the crisis abates is critically important given that labour markets in several European countries are yet to fully recover from the Global Financial Crisis (GFC) of 2008.The Government has already taken steps to avoid this happening in New Zealand, including multiple measures to help both firms and workers like wage subsidies. Read more
Many international institutions will be considering the economic consequences of Covid-19 and what to do about it.For three years, I worked in the Economics Department of the Organisation for Economic Co-operation and Development (OECD) and contributed to the production of its Economic Outlook – a publication looking at the growth prospects and policy challenges of member countries.So, I know the OECD has some important advantages and can draw on the experiences of how its 36 members dealt with potentially similar... Read more