Presentation to the Browning Institute, of Public Affairs forum “The WTO in Hong Kong: Make or break time for neo-liberalism?”, 14th of December, McKenzie Room, St John’s in the City, Wellington.
Keywords: Globalisation & Trade;
If New Zealanders are to do what they say they want to do, the New Zealand economy is going to have to specialise in what it is good at, to obtain the dynamic economies of scale which give the high productivity which can underpin New Zealanders’ desire for a rich, sustainable and varied material and non-material life. The New Zealand economy will then have to trade much of what it specialises in, for that which it cannot produce so well. That rules out autarchy and puts us squarely into a world of international economic engagement.