The longer the acute Covid-19 crisis lasts, the more we hear that our economic world will not be the same after the crisis. Some things will of course change. Read more
A fortnight is an eternity in the bewildering Covid-19 world. Two weeks ago, this column argued for a more coherent coronavirus strategy. Read more
Last week, Forestry Minister Shane Jones warned of impending restrictions on New Zealand’s international trade in logs. Even if you don’t really care much about forestry, the Government’s response here may signal what’s in store for the rest of the economy after lockdown. Read more
Wellington, 14 April - The New Zealand Initiative welcomes comments from Finance Minister Grant Robertson today before the Epidemic Response Committee about the need for a principles-based approach to what businesses will be able to operate at Alert Level 3. New Zealand Initiative Executive Director, Oliver Hartwich said: “The essential/non-essential categorisation of businesses or business activities at Alert Level 4 was cumbersome, bureaucratic and difficult for both businesses and consumers. Read more
The world is at war. The enemy may be a tiny virus, but this string of ribonucleic acid has the effect of a large military force. Read more
All going well, the Alert 4 lockdown will end in two weeks. But life will not return to normal. Read more
In deciding whether to extend the current lockdown, the government must balance the likely benefits of reduced sickness and deaths against the cost of lost national income and jobs. To do so systematically requires an analytical framework that organises the available information. Read more
The world has had mixed success containing Covid-19 with Singapore as a standout example during the early phases of the pandemic. Our Research Assistant Leonard Hong talks to chief editor Nathan Smith about Singapore’s approach and shares the lessons for New Zealand. Read more
Two centuries ago, Napoleon Bonaparte called China a sleeping lion and advised to “let her sleep, for when she wakes, she will shake the world." Bonaparte's prophecies are relevant again today. The lion is now awake and she is becoming increasingly assertive. Read more
Early in the pandemic crisis, the Government was quick to offer a wage subsidy scheme to help protect both employers and employees. But is this scheme still fit for purpose? Read more
Wellington, 9 April - A new report Quantifying the wellbeing costs of Covid-19 by the New Zealand Initiative shows how an economic hit of about 6.1% of GDP would be justified if it meant saving 33,600 lives during the Covid-19 pandemic. The figures, compiled by research fellow Dr Bryce Wilkinson, were generated by updating a Ministry of Health model from 2017 and plugging in the available data on Covid-19. Read more
Wellington, 8 April - Singapore has set a high standard for dealing with Covid-19 and despite its decision to enter a lockdown this week, New Zealand can learn a lot from the country, according to a new report Lessons from abroad: Singapore’s Covid-19 containment model from the New Zealand Initiative. Although Singapore has enacted a “circuit breaker” lockdown to defend against some new sources of coronavirus, it could make this choice due to its earlier efforts to identify, control and contain the pandemic threatening its territory. Read more
Singapore has set a high standard for dealing with Covid-19 and despite its decision to enter a lockdown this week, New Zealand can learn a lot from the country, according to a new report Lessons from abroad: Singapore’s Covid-19 containment model from the New Zealand Initiative. Although Singapore has enacted a “circuit breaker” lockdown to defend against some new sources of coronavirus, it could make this choice due to its earlier efforts to identify, control and contain the pandemic threatening its territory. Read more
The Covid-19 outbreak will likely lead to a significant economic recession. The government's pandemic response has rightly prioritised maintaining employment and the ability of firms to recover quickly when the crisis abates. Read more
We all know those newspaper segments which feature a previously famous person. And then we read these articles wondering why we have not heard from them for such a long time, and sometimes we may even be surprised to hear that they are still alive. Read more