Session Two - Framework for Policy Analysis of Long-Term Fiscal Issues Long-Term Fiscal External Panel
Page updated 17 Oct 2012
The second session of the Long-Term Fiscal External Panel was held at Rutherford House, Victoria University of Wellington, on Wednesday 26 September.
The topic for this panel session was the Framework for Policy Analysis of Long-Term Fiscal Issues.
The first Panel session highlighted the need for policy adjustments to ensure that budget balances and the level of public debt remain at prudent levels. This second Panel session considered how the Treasury should use its Living Standards Framework to assess policy reform options. The Framework includes the criteria of: fiscal sustainability, economic growth and efficiency, risk and uncertainty, intra- and inter-generational distribution and social cohesion. There was a particular focus at this panel session about how to analyze and communicate fairness and distributional issues.
The fiscal reform options being considered will have implications for the role of the welfare state in New Zealand, including in the areas of retirement income policy, working-age welfare, public health and education. To ground subsequent analysis of fiscal policy choices in the context of New Zealand's history, this session also discussed the evolution of welfare policy in New Zealand.
The agenda for the session, a summary of the discussion from the session, and draft research papers, which formed the basis of much of the Panel's deliberations, are available in the table of documents below.
|24 Sep 2012||Victoria University of Wellington||Agenda: Session Two - Framework for Policy Analysis of Long-Term Fiscal Issues||(VUW website)|
|17 Oct 2012||Victoria University of Wellington||Summary: Session Two - Framework for Policy Analysis of Long-Term Fiscal Issues||ltfep-s2-summary.pdf (330 KB)|
|Sep 2012||Girol Karacaoglu||Improving Living Standards, Presenting Key Trade Offs - Presentation Slides||ltfep-s2-01.pdf (1149 KB)|
|1 Apr 2011||Diana Cook, Carsten Schousboe and David Law||Government and economic growth: Does size matter? - Treasury Paper||tp-govtsize-apr11.pdf (592 KB)|
|Sep 2012||Diana Cook, Joey Au and Nick Carroll||Government and Economic Growth: Does size matter? - Presentation Slides||ltfep-s2-02.pdf (645 KB)|
|11 Sep 2012||Paul Carpinter||Summary - History of the Welfare State in New Zealand||ltfep-s2-03.pdf (200 KB)|
|Sep 2012||Rebecca Prebble||The Long-Term Fiscal Living Standards Framework: Addressing Fairness||ltfep-s2-04.pdf (100 KB)|
|26 Sep 2012||Rebecca Prebble||The Long-Term Fiscal Living Standards Framework: Addressing Fairness - Presentation Slides||ltfep-s2-05.pdf (334 KB)|
|Oct 2012||Andrew Coleman||Intergenerational Transfers and Public Policy [First Draft]||ltfep-s2-06.pdf (532 KB)|
|Oct 2012||Andrew Coleman||Intergenerational Economics: Basic Issues - Presentation Slides||ltfep-s2-07.pdf (1378 KB)|