New Zealand

The book "New Zealand" by Patrick Massey offers a comprehensive analysis of the profound economic reforms that New Zealand has undergone since 1985. Before 1984, the country was characterized by high protectionist measures and state interventions that were unique in the Western world. The subsequent reforms included deregulation of the financial sector, the elimination of support measures for producers, particularly in agriculture, as well as a comprehensive liberalization of trade. Additionally, radical tax reforms, a fundamental overhaul of the public sector, and the privatization of state-owned enterprises were implemented. The book examines the motivations of a Labour government to initiate such a reform program, which is typically seen as the political territory of right-leaning governments. It provides valuable insights for policymakers worldwide.