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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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#Podcast 7: David Law discusses short-time work schemes

The Government’s response to the global coronavirus pandemic is expected to lead to a deep recession. Many companies are faced with laying off employees. While the Government has announced plans to assist people without jobs and companies in distress, our research fellow David Law says other plans maybe more helpful. He discusses the details with our chief editor Nathan Smith in this week's podcast. Read more

Podcast
27 March, 2020

Media Release: Universal Basic Income (UBI) not the solution we need right now

Wellington, 27 March - 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

Media Release
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

Media Release: Public policy prescription for a pandemic

Wellington, 26 March 2020 – Mixing the New Zealand Initiative’s research with ideas from dozens of the largest Kiwi firms, the think tank has produced a comprehensive touchstone document on the best range of Covid-19 policy responses. Written by the Initiative’s chief economist Eric Crampton, with research assistance from Leonard Hong, Effective Treatment: Public policy prescription for a pandemic warns that without sound, quick and careful policy adjustments implemented by the Government, New Zealand risks slipping into a deep recession. Read more

Media Release
26 March, 2020

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