New Zealand Business Roundtable
Encyclopedia
The New Zealand Business Roundtable (NZBR), a market
-oriented thinktank, operates from Wellington
, New Zealand
. Businessman Robert McLeod chairs the organisation, with Bill Gallagher MBE, Nick Calavrias and Bill Day as Vice-Chairs. Members, who pay a five-figure subscription fee, represent most of the large business interests in the country. The subscription fee funds the New Zealand Business Roundtable's activities.
The New Zealand Business Roundtable has the aim of contributing to the development of policies that it believes reflect New Zealand's overall national interests. To this end, the organisation produces a wide range of publications (books, reports, submissions) and undertakes other activities that inform/influence public debate on key policy issues. Over the years the organisation has brought many prominent speakers to New Zealand, including Bjørn Lomborg
, Francis Fukuyama
, Martin Wolf
of the Financial Times
and Yegor Gaidar
.
The NZBR strongly supported the controversial market-oriented reforms undertaken in New Zealand during the 1980s and 1990s. These reforms were intended to play a role in lifting New Zealand's economic growth-rate. The country as of the early 21st century boasts one of the lowest unemployment rates in the OECD. However, the benefits of such reforms remain a point of contention among economic commentators and members of the public. Also, other business organisations, such as the Business Council for Sustainable Development and The New Zealand Institute
, claim to present alternative views in public debate.
The NZBR's market-based policy advocacy continues to reflect what it sees as world best practice
and often appear aligned with those advocated by international organisations such as the OECD and the International Monetary Fund
. Its policies also track overseas trends toward greater use of the private sector
and reduced regulation of business and enterprise
.
Market
A market is one of many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers...
-oriented thinktank, operates from Wellington
Wellington
Wellington is the capital city and third most populous urban area of New Zealand, although it is likely to have surpassed Christchurch due to the exodus following the Canterbury Earthquake. It is at the southwestern tip of the North Island, between Cook Strait and the Rimutaka Range...
, New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
. Businessman Robert McLeod chairs the organisation, with Bill Gallagher MBE, Nick Calavrias and Bill Day as Vice-Chairs. Members, who pay a five-figure subscription fee, represent most of the large business interests in the country. The subscription fee funds the New Zealand Business Roundtable's activities.
The New Zealand Business Roundtable has the aim of contributing to the development of policies that it believes reflect New Zealand's overall national interests. To this end, the organisation produces a wide range of publications (books, reports, submissions) and undertakes other activities that inform/influence public debate on key policy issues. Over the years the organisation has brought many prominent speakers to New Zealand, including Bjørn Lomborg
Bjørn Lomborg
Bjørn Lomborg is a Danish author, academic, and environmental writer. He is an adjunct professor at the Copenhagen Business School, director of the Copenhagen Consensus Centre and a former director of the Environmental Assessment Institute in Copenhagen...
, Francis Fukuyama
Francis Fukuyama
Yoshihiro Francis Fukuyama is an American political scientist, political economist, and author. He is a Senior Fellow at the Center on Democracy, Development and the Rule of Law at Stanford. Before that he served as a professor and director of the International Development program at the School of...
, Martin Wolf
Martin Wolf
Martin Wolf, CBE is a British journalist, widely considered to be one of the world's most influential writers on economics. He is associate editor and chief economics commentator at the Financial Times.-Early life:...
of the Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
and Yegor Gaidar
Yegor Gaidar
Yegor Timurovich Gaidar was a Soviet and Russian economist, politician and author, and was the Acting Prime Minister of Russia from 15 June 1992 to 14 December 1992....
.
The NZBR strongly supported the controversial market-oriented reforms undertaken in New Zealand during the 1980s and 1990s. These reforms were intended to play a role in lifting New Zealand's economic growth-rate. The country as of the early 21st century boasts one of the lowest unemployment rates in the OECD. However, the benefits of such reforms remain a point of contention among economic commentators and members of the public. Also, other business organisations, such as the Business Council for Sustainable Development and The New Zealand Institute
The New Zealand Institute
The New Zealand Institute is a privately funded think tank based in Auckland, New Zealand.It was set up in July 2004 and is "committed to generating ideas, debate, and solutions that contribute to building a better and more prosperous New Zealand for all New Zealanders"...
, claim to present alternative views in public debate.
The NZBR's market-based policy advocacy continues to reflect what it sees as world best practice
Best practice
A best practice is a method or technique that has consistently shown results superior to those achieved with other means, and that is used as a benchmark...
and often appear aligned with those advocated by international organisations such as the OECD and the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...
. Its policies also track overseas trends toward greater use of the private sector
Private sector
In economics, the private sector is that part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state...
and reduced regulation of business and enterprise
Organization
An organization is a social group which distributes tasks for a collective goal. The word itself is derived from the Greek word organon, itself derived from the better-known word ergon - as we know `organ` - and it means a compartment for a particular job.There are a variety of legal types of...
.
External links
- Business Roundtable website.