The so-called Roger Douglas revolution was extreme, and deregulation was needed. Australia changed its economy to a more open one, doing so in a way far more successful than anything Rogernomics or ACT ideals had to offer.
That is a view held by most critics of the reforms in New Zealand. Even people who accept that the country needed economic restructuring in the 1980s often argue that the pace, scale and ideology of “Rogernomics” went far beyond what was necessary for modernisation.
Australia is grateful it never had Rogernomics
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