Why Have Kiwis Not Become Tigers?
Reforms, Entrepreneurship, and Economic Performance in New Zealand
By Frederic E. Sautet
This article appeared in the Spring 2006 issue of The Independent Review
Although the New Zealand economy improved dramatically during the 1980s and 1990s, its modest growth in the past decade and relatively poor growth prospects for the years ahead have fueled a debate about the success of its reforms. Why didnt New Zealands reforms generate a longer economic boom like those of the Asian tigers?