Rogernomics reforms
E901064
Rogernomics reforms were a series of radical free-market economic and public sector changes in New Zealand during the 1980s, characterized by deregulation, privatization, and a shift away from state intervention.
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
economic reform program
ⓘ
public sector reform program ⓘ |
| aimedAt |
controlling inflation
ⓘ
improving economic efficiency ⓘ increasing international competitiveness ⓘ reducing government debt ⓘ |
| appliedIn | New Zealand economy ⓘ |
| country | New Zealand ⓘ |
| criticizedFor |
increasing income inequality
ⓘ
rapid pace of change ⓘ social dislocation ⓘ |
| endTime | early 1990s ⓘ |
| followedBy | Ruthanasia reforms NERFINISHED ⓘ |
| hasCharacteristic |
deregulation
ⓘ
financial liberalization ⓘ monetarist influence ⓘ privatization ⓘ rapid policy change ⓘ reduction of state intervention ⓘ trade liberalization ⓘ |
| hasPart |
broadening of tax base
ⓘ
corporatization of state-owned enterprises ⓘ floating of the New Zealand dollar ⓘ introduction of Goods and Services Tax ⓘ labour market deregulation groundwork ⓘ privatization of state-owned enterprises ⓘ public sector restructuring ⓘ reduction of marginal income tax rates ⓘ reduction of tariffs ⓘ removal of agricultural subsidies ⓘ removal of foreign exchange controls ⓘ tax reform ⓘ |
| ideology |
free-market economics
ⓘ
neoliberalism ⓘ |
| implementedBy | Fourth Labour Government of New Zealand NERFINISHED ⓘ |
| implementedUnderPrimeMinister | David Lange NERFINISHED ⓘ |
| influencedBy |
Chicago School of Economics
NERFINISHED
ⓘ
global neoliberal policy trends ⓘ monetarist theory ⓘ |
| mainProponent | Roger Douglas NERFINISHED ⓘ |
| namedAfter | Roger Douglas NERFINISHED ⓘ |
| opposedBy |
New Zealand trade unions
NERFINISHED
ⓘ
sections of the Labour Party ⓘ |
| positionHeldByMainProponent | Minister of Finance of New Zealand ⓘ |
| precededBy | post-war Keynesian economic policies in New Zealand ⓘ |
| region | Oceania ⓘ |
| significantEventIn | economic history of New Zealand ⓘ |
| startTime | 1984 ⓘ |
| timePeriod | 1980s ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.