The New Zealand Experiment

Book excerpt: Jane Kelsey’s was a questioning and challenging voice when she wrote this passionate critique of New Zealand’s economic policies in the 1980s and 90s. The social and economic consequences of a decade of market-based reforms are laid bare in this statistically rich and rhetorically powerful work. Drawing on a wide array of sources, Kelsey’s analysis delves into every aspect of the structural reforms that were to have such vast consequences for New Zealand society. Her analysis of those policies and their consequences gains a fresh – and sobering – perspective in the light of the recent global financial crisis.