Wellington: no left turn
Article Abstract:
New Zealand Prime Minister Jim Bolger must call an election before Oct 1996 and may do so sooner. Fears that the election may result in a coalition government that may undo recent economic reforms has prompted some selling of the New Zealand dollar. Foreign investors have been attracted to the country by the government's tight monetary policy, privatization, low inflation and other reforms. The New Zealand First political party, which opposes asset sales to 'foreigners', has tripled its support since Jan 1996.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Winston first
Article Abstract:
Winston Peters, leader of the New Zealand First party, originally opposed a coalition with the National party. However, he is now deputy prime minister and treasurer in a coalition government, stating that changing circumstances dictated his decision to go ahead with a coalition. Many observers believe that Peters has sold out to the National party, especially as he seems to have abandoned his commitment to a number of key issues, including immigration.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Comment about this article or add new information about this topic:
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