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Economy Of New Zealand
Beginning of essay
The United States and New Zealand established close ties in 1942, when the U.S. provided security for New Zealand during World War II, and have remained close ever since. However, in 1984, the Labour party came into power in New Zealand, with intentions to bar nuclear-armed and nuclear-powered war ....
Middle of essay
....terations:
1) The increase of privatizations through the sale of government-owned enterprises.
2) Elimination of Government subsidies.
3) Liberalization of import regulations.
4) Exchange rates freely floated.
5) Removal of controls on interest rates, wages, and prices.
6) Reduction of marginal rates of taxation.
7) Cutbacks on health, education and social security benefits.
This Laissez-Faire attitude did indeed decrease the deficit and lower inflation; it also increased growth, the value .... |
| Number of words: 899 |
Approximate pages: 4 |
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