Welcome to our site
Thank you for taking the time to visit us. New Zealand has had a very chequered economic history. Sometimes growing at 4% but usually much less and in 11 out of the 48 years to 2003 we have had negative growth (shrinkage) of our Real GDP per Capita. However it is not all bad news and according to a recent Treasury report the efforts of the Lange Government with Sir Roger Douglas and the Bolger Government with Ruth Richardson have paid off with good growth in the 1990s which has followed through to around 2003. In fact, the Nationmaster.com site showed that New Zealand rose from number 37 to number 35 by the early 2000s. Unfortunately due to the policies of the Clark government we have dropped to number 38 by the end of 2006.
The question is: What policies do we need, to get back up into the top half of the OECD as Helen Clark aimed to do after being elected in 1999? The current ones are proving to be disastrous.
The Foundation for Economic Growth is a group of like minded individuals who have decided to act rather than sit back and accept New Zealands continuing poor economic performance. The issue is too important for the nation, our children and our children's children. If you feel as we do and would like to join us, please add your name to our email newsletter above.
Sep 23, 2009, 11:52
There is a time in the affairs of man which, taken at the flood, lead on . . . But the New Zealand tide has been ebbing for 50 years. It is time to grasp the nettle, require that our leaders arrest this trend and develop a plan to grow at 5% every year instead of our average 1% pa.
It is necessary to grow at a greater rate than other developed countries or risk a continuing drain of our best citizens, lured away by better standards of living. New Zealand has slipped down the OECD wealth list from number three to number twenty-one in 2000. If we continue sliding down this slippery slope the problems of providing our citizens with Health Care and Education to First World standards will not just be difficult, they will be impossible.
It is becoming obvious these days what conditions are needed to generate growth of 5%. We have numerous examples of countries which have flourished in the 20th century and many who have not. We can see what economic environment encourages growth and what stifles it. We also have many well researched proposals from a number of highly respected groups and individuals which should be seriously considered for our planning.
We contend that it is a matter of urgency that NZ address this need for growth of at least 5% and that it is the job of our politicians to provide the proper economic climate for this to happen.
We ask that all political parties produce a sound and believable economic plan for the next 5 to 10 years. Our aim and objective is to help educate New Zealanders about the benefit to be gained from such a move and to help our political parties develop their plans.
Sep 21, 2009, 11:46
Members and Staff
Hon. Hugh Templeton
Phil Scott - Chief Executive
Malcolm Laird - Web Master
Sep 15, 2009, 16:16