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A New Zealand history of shocks

Three large cranes at an industrial port pictured in a sunset

Brian Easton

Date published

28 February 2023

This paper examines how New Zealand governments and industries have responded to major persistent shocks and perceived risks and trends in the last century.

This provides the Commission with valuable insights into the economic resilience of New Zealand industries and communities, highlighting the difficulty of distinguishing temporary supply chain disruptions from persistent ones and underscoring the importance of macroeconomic stability, fiscal capacity and a diversified economy to New Zealand’s resilience to economic disruptions.


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