Written By: Bunji - Date published: 12:12 pm, January 17th, 2011 - 25 comments
The “Great Recession” saw a greater spike in unemployment in New Zealand compared to its drop in GDP than almost everywhere. Whilst GDP slumped, unemployment did less so in all but 2 countries across the world: NZ and Spain. The Government, far from being relentlessly focussed on jobs, has ensured with its policies that workers were laid off in swathes.
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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