The Role And Functions Of New Zealand Government
This is the first 1,000 characters of 1716 words (6.86 pages) in the essay titled The Role And Functions Of New Zealand Government
|The Role And Functions Of New Zealand Government
The New Zealand Government has made significant changes to the economy throughout the last 15 years. The operation and organisation of business activity in New Zealand has been affected by this changing economy. All aspects of the New Zealand Government have been altered. The reason for this change was to improve the performance by being more efficient. The key reforms are privatisation and corporatisation of State Owned Enterprises (SOEs) and restructuring government agencies.
The most significant change was the election of the Labour Party in 1984, which ended the Muldoon Administration. At this time, New Zealand was in a rut because of poor economic management by the previous Government. Unemployment was high in 1983 and still climbing, real GDP was only 1.15 between 1976 and 1984, and international debt was at 41% of GDP in 1984. The United Kingdom (the major New Zealand export market) had join the European Union in 1973, and ...
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