Microeconomic Reform Under Rudd
I think the last time I heard an Australian politician mention microeconomic reform was circa 1993. Now this from our new social-democratic overlord:
KERRY O’BRIEN: You’ve talked about a central role for Treasury, what do you mean by that?
KEVIN RUDD: … I think Treasury by instinct, this goes back to the earlier Labor period, is a reforming department. It actually has a whole bunch of people within it who want to advance the cause of micro-economic reform. I think that reform agenda has not had any political impetus for a long, long time during the latter period of the Howard government and I think there is a lot of enthusiasm there for us embracing a reform agenda because if you cease reforming this economy, you start to strangle long-term productivity growth. We don’t intend to do that.
posted on 28 November 2007 by skirchner in Economics, Politics
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