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Acknowledgements
Input has been provided to this paper by the following people within the Treasury: Peter Martin, Sid Durbin, Brian McCulloch, Vivien Wynne and Steve Mack, and from the Ministry of Economic Development: Clinton de Bruyn, Roger Procter and Andy Wood.
Disclaimer
The views, opinions, findings, and conclusions or recommendations expressed in this Policy Perspectives Paper are strictly those of the author(s). They do not necessarily reflect the views of the New Zealand Treasury. The Treasury takes no responsibility for any errors or omissions in, or for the correctness of, the information contained in these Policy Perspectives Papers. The paper is presented not as policy, but to inform and stimulate wider debate.