The Fourth Labour Government of New Zealand was the government of New Zealand from 26 July 1984 to 2 November 1990. It enacted major social and economic reforms, including reformation of the tax system. The economic reforms were known as Rogernomics after Finance Minister Roger Douglas. A political scientist says:
- "Between 1984 and 1993, New Zealand underwent radical economic reform, moving from what had probably been the most protected, regulated and state-dominated system of any capitalist democracy to an extreme position at the open, competitive, free-market end of the spectrum."
The government also enacted nuclear-free legislation, which led to the United States suspending its treaty obligations to New Zealand under the ANZUS alliance. The government was led by David Lange for most of its time in power, and lasted for two three-year terms. Lange and Douglas had a falling out that divided the party. It was defeated in 1990, but the next National government kept most of the reforms.
Read more about Fourth Labour Government Of New Zealand: Formation, The 1987 Election, Division Over Rogernomics, Defeat, Electoral Results, Prime Ministers, Cabinet Ministers
Famous quotes containing the words fourth, labour, government and/or zealand:
“I asked my mother for fifty cents
To see the elephant jump the fence.
He jumped so high he reached the sky,
And didn’t get back till the Fourth of July.”
—Unknown. I Asked My Mother (l. 1–4)
“Value is the life-giving power of anything; cost, the quantity of labour required to produce it; its price, the quantity of labour which its possessor will take in exchange for it.”
—John Ruskin (1819–1900)
“In general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other.”
—Voltaire [François Marie Arouet] (1694–1778)
“Teasing is universal. Anthropologists have found the same fundamental patterns of teasing among New Zealand aborigine children and inner-city kids on the playgrounds of Philadelphia.”
—Lawrence Kutner (20th century)