Turning Gain Into Pain
TURNING GAIN INTO PAIN NEW ZEALAND BUSINESS ROUNDTABLE MAY 1999 The New Zealand Business Roundtable is an organisation of chief executives of major New Zealand businesses. The purpose of the organisation is to contribute to the development of sound public policies that reflect overall New Zealand interests. First published in 1999 by New Zealand Business Roundtable, PO Box 10–147, The Terrace, Wellington, New Zealand http://www.nzbr.org.nz ISBN 1–877148–47–4 ã 1999 edition: New Zealand Business Roundtable ã Text: as acknowledged Production by Daphne Brasell Associates Ltd, Wellington Printed by Astra Print Ltd, Wellington FOREWORD This collection of speeches, submissions and articles is the fourteenth in a series produced by the New Zealand Business Roundtable (NZBR). The previous volumes in the series were Economic and Social Policy (1989), Sustaining Economic Reform (1990), Building a Competitive Economy (1991), From Recession to Recovery (1992), Towards an Enterprise Culture (1993), The Old New Zealand and the New (1994), The Next Decade of Change (1994), Growing Pains (1995), Why Not Simply the Best? (1996), MMP Must Mean Much More Progress (1996), Credibility Promises (1997), The Trouble with Teabreaks, (1998) and Excellence Isn't Optional (1998). The material in this volume is organised in six sections: economic directions; the public sector; industry policy and regulation; education and the labour market; social policy; and miscellaneous. It includes a paper by Bryce Wilkinson, consultant to the NZBR. A full list of NZBR publications is also included. R L Kerr EXECUTIVE DIRECTOR CONTENTS ECONOMIC DIRECTIONS 1 1 TURNING GAIN INTO PAIN 3 Speech by Douglas Myers to the Wellington Regional Chamber of Commerce, November 1998 2 GLOBALISATION, ASIA AND IMPLICATIONS FOR NEW ZEALAND 11 Speech by Roger Kerr to a Greenwich Financial Services Client Function, December 1998.
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