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Listener: 13 January, 1981.

Keywords: Growth & Innovation;

Many economists are developing a cautious optimism about the New Zealand economy. It is it view which has only the most tenuous links with the strident claims of faith in our future which we shall be hearing from the politicians this year, and the economist’s optimism may well survive the election.

The view is based on the assessment that after more than a decade of stagnation the processes, particularly in the farm sector, which drove the New Zealand economy on a growth path for d hundred years up to 1967 are beginning to reassert themselves.