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Roderick Deane
Sir Roderick Sheldon Deane (born 8 April 1941) is a New Zealand economist, public sector reformer, and businessman. He served as deputy governor of the Reserve Bank of New Zealand, and as CEO and chairman of the country's largest telecommunications company, Telecom New Zealand. Education Born in Auckland, Deane grew up in Ōpunake and went to New Plymouth Boys' High School. He completed a Bachelor of Commerce degree with first-class honours in economics and a doctorate in economics at Victoria University of Wellington in 1968. During his doctoral research, Deane began corresponding with future Reserve Bank Governor Don Brash, forming a friendship that would continue throughout their careers. Career Reserve Bank of New Zealand Deane worked at the Reserve Bank of New Zealand, rapidly becoming Chief Economist, then Deputy Governor in 1982. During this period, Deane tended to clash with Prime Minister and Finance Minister Robert Muldoon, arguing for more economic liberalisation ...
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State Services Commissioner
The Public Service Commission (PSC; Māori: ''Te Kawa Mataaho''), called the State Services Commission until 2020, is the central public service department of New Zealand charged with overseeing, managing, and improving the performance of the state sector of New Zealand and its organisations. The PSC's official responsibilities, as defined by the State Sector Act 1988, include: * appointing and reviewing Public Service chief executives, * promoting and developing senior leadership and management capability for the Public Service, * providing advice on the training and career development of staff in the Public Service, * reviewing the performance of each department, * providing advice on the allocation of functions to and between departments and other agencies, * providing advice on management systems, structures, and organisations in the Public Service and Crown entities, * promoting, developing, and monitoring equal employment opportunities policies and programmes, and * any ...
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Macroeconometrics
Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8–22 Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1 p. 1–34Abstract (2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships". Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. ''Econometric t ...
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Electricity Corporation Of New Zealand
The Electricity Corporation of New Zealand Ltd (ECNZ) is a New Zealand state-owned enterprise (SOE) formed on 1 April 1987, as a transition entity in the process of deregulating the New Zealand electricity market. Most of ECNZ's remaining liabilities were resolved in the late 2000s, and ECNZ is a residual entity with the sole remaining task of winding up a series of land title issues. Formation In the 1980s the New Zealand Electricity Department (NZED), a government department, controlled and operated almost all New Zealand electricity generation and operated the electricity transmission grid. The first phase of deregulation saw the New Zealand Government corporatise the NZED and form the state-owned enterprise ECNZ. Division In 1994, Transpower was separated from ECNZ and created as an SOE to own and operate the national grid. In 1996, ECNZ was split into two SOEs, ECNZ and Contact Energy, and on 1 April 1999 ECNZ was split into three electricity generation SOEs: * Genes ...
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Māori Loan Affair
The Māori loan affair (or Hawaiian loans affair) of 1986 and 1987 in New Zealand was an unauthorised attempt by the Department of Māori Affairs (today called Te Puni Kōkiri) to raise money overseas for Māori development. The affair was first raised in Parliament on 16 December 1986 with a question from opposition National MP Winston Peters about loan negotiations; the revelations dumbfounded ministers; and the House adjourned on 18 December. Peters was reluctant to share all his information with the State Services Commission chairman Roderick Deane or Peters' National Party leader Jim Bolger, and Bolger then downplayed the affair. Peters was getting information from an informant in Koro Wētere's office and from Rotorua businessman Rocky Cribb. Peters was first advised of the affair by Edwin Perry an associate of Cribb and like Cribb a National Party member. The affair helped Peters' promotion to the frontbench after the 1987 election. Members of the Fourth Labour Government ...
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Accountability
Accountability, in terms of ethics and governance, is equated with answerability, blameworthiness, liability, and the expectation of account-giving. As in an aspect of governance, it has been central to discussions related to problems in the public sector, nonprofit and private (corporate) and individual contexts. In leadership roles, accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance, and implementation within the scope of the role or employment position and encompassing the obligation to report, explain and be answerable for resulting consequences. In governance, accountability has expanded beyond the basic definition of "being called to account for one's actions". It is frequently described as an account giving relationship between individuals, e.g. "A is accountable to B when A is obliged to inform B about A's (past or future) actions and decisions, to justify them, and t ...
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Goal
A goal is an idea of the future or desired result that a person or a group of people envision, plan and commit to achieve. People endeavour to reach goals within a finite time by setting deadlines. A goal is roughly similar to a purpose or aim, the anticipated result which guides reaction, or an end, which is an object, either a physical object or an abstract object, that has intrinsic value. Goal setting Goal-setting theory was formulated based on empirical research and has been called one of the most important theories in organizational psychology. Edwin A. Locke and Gary P. Latham, the fathers of goal-setting theory, provided a comprehensive review of the core findings of the theory in 2002. In summary, Locke and Latham found that specific, difficult goals lead to higher performance than either easy goals or instructions to "do your best", as long as feedback about progress is provided, the person is committed to the goal, and the person has the ability and knowledge ...
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State-Owned Enterprises
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and deve ...
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State Sector Organisations In New Zealand
Public sector organisations in New Zealand comprise the state sector organisations plus those of local government. Within the state sector lies the state services, and within this lies the core public service. Legally, the Legislative Branch non-public service departments (the Office of the Clerk of the House of Representatives and the Parliamentary Servicethe Parliamentary Service Act 2000
(Retrieved 25 January 2015)
), Executive Branch non-public service departments, and the
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Roger Douglas
Sir Roger Owen Douglas (born 5 December 1937) is a retired New Zealand politician who served as a minister in two Labour governments. He became arguably best known for his prominent role in New Zealand's radical economic restructuring in the 1980s, when the Fourth Labour Government's economic policy became known as "Rogernomics". Douglas served as a Labour Member of Parliament from 1969 to 1990. During his time as Minister of Finance (1984 to 1988), the government floated the New Zealand dollar, introduced corporate practices to state services, sold off state assets, and removed a swathe of regulations and subsidies. Some Labour Party supporters regarded Douglas's economic policies as a betrayal of Labour's left-wing policy-platform, and the moves became deeply unpopular with the public and with ordinary party members. His supporters defended the reforms as necessary to revive the economy, which had been tightly regulated under National's Muldoon (Minister of Finance from 1975 t ...
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Civil Service
The civil service is a collective term for a sector of government composed mainly of career civil servants hired on professional merit rather than appointed or elected, whose institutional tenure typically survives transitions of political leadership. A civil servant, also known as a public servant, is a person employed in the public sector by a government department or agency for public sector undertakings. Civil servants work for central and state governments, and answer to the government, not a political party. The extent of civil servants of a state as part of the "civil service" varies from country to country. In the United Kingdom (UK), for instance, only Crown (national government) employees are referred to as "civil servants" whereas employees of local authorities (counties, cities and similar administrations) are generally referred to as "local government civil service officers", who are considered public servants but not civil servants. Thus, in the UK, a civil servant is ...
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State Services Commission
The Public Service Commission (PSC; Māori: ''Te Kawa Mataaho''), called the State Services Commission until 2020, is the central public service department of New Zealand charged with overseeing, managing, and improving the performance of the state sector of New Zealand and its organisations. The PSC's official responsibilities, as defined by the State Sector Act 1988, include: * appointing and reviewing Public Service chief executives, * promoting and developing senior leadership and management capability for the Public Service, * providing advice on the training and career development of staff in the Public Service, * reviewing the performance of each department, * providing advice on the allocation of functions to and between departments and other agencies, * providing advice on management systems, structures, and organisations in the Public Service and Crown entities, * promoting, developing, and monitoring equal employment opportunities policies and programmes, and * any ...
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Fourth Labour Government Of New Zealand
The Fourth Labour Government of New Zealand governed New Zealand from 26 July 1984 to 2 November 1990. It was the first Labour government to win a second consecutive term since the First Labour Government of 1935 to 1949. The policy agenda of the Fourth Labour Government differed significantly from that of previous Labour governments: it enacted major social reforms (such as legalising homosexual relations) and economic reforms (including corporatisation of state services and reform of the tax system). The economic reforms became known as "Rogernomics", after Finance Minister Roger Douglas. According to one political scientist: The Labour government also enacted nuclear-free legislation, which led to the United States suspending its treaty obligations to New Zealand under the ANZUS alliance. David Lange led the government for most of its two three-year terms in office. Lange and Douglas had a falling out that divided the party. The government suffered a defeat at the 199 ...
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