Monthly Archives: October 2001

Building a Nation

Listener October 20, 2001

Keywords: Political Economy & History

That great New Zealand nationalist historian, Keith Sinclair called it the ‘LBW syndrome’. In his day it was ‘Leading-the-Bloody-World’, the attitude that New Zealanders claimed to be the best at everything that mattered. …

Going Down?: Terrorists Attacks and the Global Economy?

Listener20 October, 2001

Keywords: Macroeconomics & Money

There were two views on the world economy on September 10th. The optimistic conventional wisdom thought the world economy was about to enter a recession, and would be out of it by the end of this year. A smaller group, although in my view better informed and with a better recent track record of forecasting, thought the world economy was already in recession (although this is partly a matter of definition) and expected the slowdown to continue well into next year.

Low Politics: Local Government and Globalisation

Listener 13 October, 2001.

Keywords Governance, Globalisation & Trade

‘Subsidiarity’ is an ugly word. It comes from Germany where they designed their governmental institutions on the principle that decisions should always be taken at the lowest practical level in the hierarchy. It is now a central principle of the European Union, so that Brussels may not make decisions which can be left to the individual member states, just as the German Federal Republic devolves political power to its constituent Lander (states).