Dollarisation, currency union and the Anzac dollar: embedded neoliberalism and the risks of implosion
The idea that New Zealand should abandon its national currency in favour of the US or Australian dollar, or create a new shared currency with Australia, has gained momentum in recent years. Denationalisation of the currency would crown almost two decades of radical neo-liberal restructuring by placing many of those achievements beyond the reach of future governments. Despite this, there is considerable reticence from the economic and political architects of the 'New Zealand Experiment' ...[Show more]
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