• 00:00    |    
    Initial credits
  • 00:06    |    
    Introduction by Ruth Richardson
    • Guatemala situation
    • A real story
  • 04:41    |    
    A small country, a big oportunity
    • Changing DNA
    • Daring to make a big difference
    • Public policy pioneer
  • 10:35    |    
    New Zealand's story applies to you
  • 11:34    |    
    The political courage to apply economics principles
  • 12:33    |    
    Historical background
  • Opportunity to choose
  • 15:26    |    
    Importance of ideas
    • Crisis is the catalyst to change
    • Ideas drives reforms
  • 18:25    |    
    Reform every level
    • High quality public policy reform and high quality institutional establishment
    • National report of public finances
    • Privatisation of national industries
    • Deregulated market and job growth
    • Innovation in the public sector
    • Reforms to the tax system
  • 31:10    |    
    Politics and economics
  • 33:42    |    
    Willingness to execute ideas
    • Impact of ideas
    • Opinion about New Zealand
    • Reforms are necessary but not sufficient conditions
  • 40:15    |    
    Final conclusions
  • Carateristics of transformation
  • 47:49    |    
    Question and answer period
    • Did you have opposition from international institutions?
    • Did these institutions impose more regulations?
    • Were some reforms reversed?
    • Did you have a new flag?
  • 56:39    |    
    Final credits

New Zealand: Small Country, Big Reforms and a Huge Pay-Off

New Media  | 12 de enero de 2016  | Vistas: 77

Ruth Richardson shares her experience as New Zealand's Minister of Finance and the challenges she faced when reforming public policy nationwide. She was a pioneer, changing the framework of politics and economics. She produced a miraculous economic growth by reforming the tax system, privatising the national industries, innovating the public sector, amongst other reforms. During her talk, she analyses how the crisis is the catalyst to change and the importance of ideas in such change. She encourages every person to have the courage to create a big difference in their country from the ideals of liberty and private property.


Ruth Richardson is former minister of finance of New Zealand. She…


Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín