How to Move Product Market Regulation in New Zealand Back Towards the Frontier:
From the mid-1980s, New Zealand was widely considered to be a leader in liberalising product market regulation (PMR). However, the reform of PMR has lost momentum over recent years. Many areas of PMR are still consistent with best practice, but New Zealand is no longer assessed to be at the forefron...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2011
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | From the mid-1980s, New Zealand was widely considered to be a leader in liberalising product market regulation (PMR). However, the reform of PMR has lost momentum over recent years. Many areas of PMR are still consistent with best practice, but New Zealand is no longer assessed to be at the forefront of regulatory policy making. Although economic geography clearly offers a partial explanation for the relative underperformance of the NZ economy, restrictive policies in some areas are also likely to be constraining growth in GDP per capita. Indeed, it is likely that being small and distant exacerbates the negative impact of restrictive product market policies on New Zealand's economic performance. This implies a genuine need to shift the regulatory framework back towards the OECD frontier. Ongoing improvements in regulatory governance, minimising the government's influence in competitive markets and lowering barriers to trade and FDI, including ongoing policy harmonisation and mutual recognition with trading partners where appropriate, would all help in this regard. This Working Paper relates to the 2011 Economic Survey of New Zealand (www.oecd.org/eco/surveys/NewZealand) |
| Beschreibung: | 1 Online-Ressource (41 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5kg89j3gd2r8-en |
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| spelling | Conway, Paul Verfasser aut How to Move Product Market Regulation in New Zealand Back Towards the Frontier Paul Conway = Replacer la réglementation des marchés de produits en Nouvelle-Zélande à la pointe des pays de l'OCDE / Paul Conway Replacer la réglementation des marchés de produits en Nouvelle-Zélande à la pointe des pays de l'OCDE Paris OECD Publishing 2011 1 Online-Ressource (41 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers From the mid-1980s, New Zealand was widely considered to be a leader in liberalising product market regulation (PMR). However, the reform of PMR has lost momentum over recent years. Many areas of PMR are still consistent with best practice, but New Zealand is no longer assessed to be at the forefront of regulatory policy making. Although economic geography clearly offers a partial explanation for the relative underperformance of the NZ economy, restrictive policies in some areas are also likely to be constraining growth in GDP per capita. Indeed, it is likely that being small and distant exacerbates the negative impact of restrictive product market policies on New Zealand's economic performance. This implies a genuine need to shift the regulatory framework back towards the OECD frontier. Ongoing improvements in regulatory governance, minimising the government's influence in competitive markets and lowering barriers to trade and FDI, including ongoing policy harmonisation and mutual recognition with trading partners where appropriate, would all help in this regard. This Working Paper relates to the 2011 Economic Survey of New Zealand (www.oecd.org/eco/surveys/NewZealand) Economics New Zealand https://doi.org/10.1787/5kg89j3gd2r8-en Verlag kostenfrei Volltext |
| spellingShingle | Conway, Paul How to Move Product Market Regulation in New Zealand Back Towards the Frontier Economics New Zealand |
| title | How to Move Product Market Regulation in New Zealand Back Towards the Frontier |
| title_alt | Replacer la réglementation des marchés de produits en Nouvelle-Zélande à la pointe des pays de l'OCDE |
| title_auth | How to Move Product Market Regulation in New Zealand Back Towards the Frontier |
| title_exact_search | How to Move Product Market Regulation in New Zealand Back Towards the Frontier |
| title_exact_search_txtP | How to Move Product Market Regulation in New Zealand Back Towards the Frontier |
| title_full | How to Move Product Market Regulation in New Zealand Back Towards the Frontier Paul Conway = Replacer la réglementation des marchés de produits en Nouvelle-Zélande à la pointe des pays de l'OCDE / Paul Conway |
| title_fullStr | How to Move Product Market Regulation in New Zealand Back Towards the Frontier Paul Conway = Replacer la réglementation des marchés de produits en Nouvelle-Zélande à la pointe des pays de l'OCDE / Paul Conway |
| title_full_unstemmed | How to Move Product Market Regulation in New Zealand Back Towards the Frontier Paul Conway = Replacer la réglementation des marchés de produits en Nouvelle-Zélande à la pointe des pays de l'OCDE / Paul Conway |
| title_short | How to Move Product Market Regulation in New Zealand Back Towards the Frontier |
| title_sort | how to move product market regulation in new zealand back towards the frontier |
| topic | Economics New Zealand |
| topic_facet | Economics New Zealand |
| url | https://doi.org/10.1787/5kg89j3gd2r8-en |
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