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Listener: 3 December, 1983.

Keywords: Globalisation & Trade; Macroeconomics & Money;

The view that there is excessive intervention in the New Zealand economy is widely accepted. Even the 1983 Budget expresses sentiments along these lines in a number of places when it reports changing the form and level of protection, the review of export assistance, decision “to move toward less disparate rates of assistance” within the agriculture and fishing sector, the decision to free up internal transport, the extension of foreign exchange licences, and the tendering of government stock, for instance.