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?
Frederic E. Sautet is Co-founder of the Ciocca Center and Associate Professor of Entrepreneurship Theory and Political Economy at the Busch School of Business, Catholic University of America.