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To enhance economic growth the government needs to stimulate economic change.
Listener 25 September, 1999.

Keywords: Growth & Innovation;

Those who proposed the early 1990s science sector reforms knew little about scientific research or economics. Just as the innkeeper Procrustes required all guests to fit his beds exactly, commercialisation was imposed on all activities. So the DSIR was replaced with a Ministry for Research Science and Technology for policy advice, a Foundation for funding, and commercially oriented Crown Research Institutes as the state research providers. The ideologically driven reforms soon proved cumbersome and inefficient. They are now being reversed, towards where they it would have been, had pragmatism and commonsense been more prominent in the early 1990s.

Listener 11 September 1999

Keywords: Globalisation & Trade;

I wish Bruce Jesson were here, especially as I write this column about APEC. Bruce and I use to discuss our putative writings. Never directly of course, but after a mulling over, one of us would say “I’ve been thinking about writing a column on this issue, and …” Sadly, we dont know what Bruce would have written on the APEC conference, but there are hints in his last major article.