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Research Note: How bad might the lockdown be for jobs and income?

If New Zealand can’t recover from the economic “heart attack” of self-imposed lockdown, it could face GDP losses at Great Depression levels, according to a New Zealand Initiative research note. While the Covid-19 pandemic has not ruined New Zealand’s economic capabilities, the lockdown has forced the country into an unprecedented productivity pause which the Initiative’s senior fellow Bryce Wilkinson says could slice away about $10,000 per household this year. Read more

Dr Bryce Wilkinson
Research Note
3 April, 2020
Stay on Target

Policy Point: Stay on Target

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

Dr Eric Crampton
Policy Point
27 March, 2020
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Research Note - Effective Treatment: Public policy prescription for a pandemic

Unless effective treatment for the novel coronavirus Covid-19 emerges quickly, the world faces not only misery but economic depression. New Zealand will be immune to neither. The normal economic uncertainties of a downturn will be compounded by the uncertainties of a pandemic. Read more

Dr Eric Crampton
Research Note
26 March, 2020
Time to process

Policy Point: Time to Process

Asking the public for submissions on pending legislation while the country is in pandemic lockdown risks making a farce of democracy and unnecessarily distracting the Government, according to a new policy paper by the New Zealand Initiative. The business of government must go on, said the Initiative’s chief economist Dr Eric Crampton, but politicians can afford to put less urgent matters aside for the time being. Read more

Dr Eric Crampton
Policy Point
26 March, 2020
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Policy Point: Short-time work to maintain employment

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

Policy Point
24 March, 2020
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Annual Report 2019

The Prime Minister called 2019 “the year of delivery.” Later this year, voters will deliver their verdict on that statement and promise.At the Initiative, it was definitely a year of delivery for us. Over the year, we produced a record number of reports, research notes and submissions. Our team has continued to focus on the big issues that matter to the prosperity of New Zealanders.Our views on these coincide with the Government’s goals.Swimmable rivers, sustainable freshwater management, making housing affordable,... Read more

12 March, 2020
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Research Note: Insights and Excellence: School success in New Zealand

This research note is the third in a series of reports discussing the Initiative’s school performance tool and school evaluation in New Zealand. We present three case studies showing how three secondary schools performed before and after our tool separated the contribution of family background from the contribution of each school.The three case studies are presented as three individual school reports that provide a more accurate and fairer picture of the schools’ performance over time and in relation to all... Read more

Joel Hernandez
Research Note
9 March, 2020

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