06 December 2017
The Social Investment Approach – a combination of big data, client segmentation and different ways of governing how social services are delivered – is an important new development underway. Jonathan Boston (VUW) and Derek Gill (NZIER) are the editors of an important new book “Social Investment - A New Zealand Policy Experiment”. The book brings together the views of a range of practitioners, researchers and social service providers about the strengths, opportunities and potential pitfalls of the new approach.
This book is published by BWB.
NZIER says growth outlook slightly softer as population growth slows - Quarterly Predictions, December 2017
28 November 2017
There is much uncertainty over the effects of the new Government’s policies. Nonetheless, the New Zealand growth outlook remains positive, as detailed in the latest NZIER Quarterly Predictions.
The media release can be read here.
Quarterly Predictions is available exclusively to NZIER members.
24 November 2017
A review of community pharmaceutical expenditure trends shows a drop in the proportion of the health budget devoted to pharmaceutical purchasing. Inflation, population growth and a widening of purchase responsibility means that PHARMAC has effectively a little more than half the portion of the health budget it had a decade ago for community pharmaceuticals. PHARMAC needs a $600m boost to keep up with the increase in funding to DHBs.
Read the report here.
08 November 2017
The new government has announced plans to reduce immigration. Being clear why the reduction will make New Zealand better off is important. The new government has the opportunity not just to make short-term changes, but to build an enduring policy regime based on evidence, analysis and clear principals. Migration policy is not easy, but the gains from getting it right are worth the effort. We offer some observations and suggestions based on our latest research. Read the Insight here.
07 November 2017
NZIER’s Monetary Policy Shadow Board continues to recommend the Reserve Bank leave the Official Cash Rate on hold this Thursday at 1.75 percent. Uncertainty over policies to be implemented by the new Government, and the effects of these on businesses and the housing market, were highlighted by the Shadow Board as reasons why a wait-and-see approach was prudent. Read the full release here.
01 November 2017
With the new Government indicating the Reserve Bank Act would be reviewed, NZIER has published an Insight discussing the alternatives to inflation-targeting in the post-GFC environment.
Read the Insight here.
27 October 2017
Derek Gill, Principal Economist at NZIER, recently had the privilege of joining the Asia New Zealand Foundation’s Delegation that visited China in August 2017. The focus was think tank to think tank dialogue – so-called Track II diplomacy – rather than Government to Government discussions. This NZIER Insight sets out Derek’s five big takeaways for New Zealand from his visit to China.
The Insight can be read here.
11 October 2017
We examine the phenomenon of globalisation as it affects New Zealand. We look at its impact on New Zealand and ask whether it is a force which has had its day (peak globalisation) or is it continuing to morph and evolve.
The discussion paper can be read here.