{"id":22599,"date":"2020-09-10T08:58:37","date_gmt":"2020-09-09T23:58:37","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/sep\/10\/new-zealand-must-cast-off-its-worries-about-government-debt-in-its-covid-recovery"},"modified":"2020-09-10T08:58:37","modified_gmt":"2020-09-09T23:58:37","slug":"new-zealand-must-cast-off-its-worries-about-government-debt-in-its-covid-recovery-max-harris","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=22599","title":{"rendered":"New Zealand must cast off its worries about government debt in its Covid recovery | Max Harris"},"content":{"rendered":"<p>The economic response to the pandemic risks being blinkered by old orthodoxies at a time when investment is sorely needed<\/p>\n<p>New Zealand\u2019s response to the Covid-19 pandemic has been rightly praised. Nobel prize-winning economist Joseph Stiglitz said New Zealand was \u201cworking \u2026 to build the kind of economy <a href=\"https:\/\/www.newshub.co.nz\/home\/new-zealand\/2020\/09\/coronavirus-nobel-prize-winning-economist-praises-nz-s-handling-of-covid-19-slams-united-states.html\">that should mark the post-pandemic world<\/a>\u201d.<\/p>\n<p>The finance minister, Grant Robertson, acknowledged the opportunity to showcase a new approach in a <a href=\"https:\/\/www.beehive.govt.nz\/speech\/responding-recovering-and-rebuilding\">bold speech in May<\/a> in which he said: \u201cThere are few times in life when the clock is reset. Now is the time we should address \u2026 long-term issues. It\u2019s not one we should squander.\u201d<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/sep\/10\/new-zealand-must-cast-off-its-worries-about-government-debt-in-its-covid-recovery\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economic response to the pandemic risks being blinkered by old orthodoxies at a time when investment is sorely neededNew Zealand\u2019s response to the Covid-19 pandemic has been rightly praised. Nobel prize-winning economist Joseph Stiglitz said New Ze&#8230;<\/p>\n","protected":false},"author":1556,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,1069,56],"tags":[],"class_list":["post-22599","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-coronavirus-outbreak","category-new-zealand"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/1556"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22599"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22599\/revisions"}],"predecessor-version":[{"id":22600,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22599\/revisions\/22600"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}