Economics like there's no tomorrow - NZIER Insight 32
December 2, 2011
Do you get the sense that New Zealand doesn’t invest in the major public infrastructure facilities like we used to? Previous generations built entire networks for rail, road, water and energy. Only Muldoon’s Think Big projects and the current ‘Roads of National Significance’ might com … Read more
Reprioritising infrastructure projects - NZIER Insight 26
March 8, 2011
The cost of Christchurch's devastating earthquakes means that the Government's prior promises to undertake specific infrastructure projects now have to be reviewed. As the Finance Ministers signalled, funding Christchurch's recovery will prompt 'a fairly hard look at our capital inves … Read more
Fix flawed values of statistical life and life years to get better policy outcomes - NZIER Insight 16
June 16, 2010
When taxpayers' money is spent on health and safety measures in transport and healthcare services, the decisions made implicitly or explicitly place values on saving lives and casualties. In recent years there has been a move towards using standard measures of these values so that the … Read more