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University of Otago and Dunedin



University of Otago

34th Foreign Policy School 1999

The Global Economy:
Continuity and Change

Friday 2 July - Monday 5 July 1999

Since its inception in 1966 the University of Otago Foreign Policy School has developed an international reputation, drawing top speakers from around the world. The director and an organising academic committee are responsible for selecting the speakers and themes for each school which have included "Arms Disarmament and New Zealand", "Europe Without Walls", and in 1997, "Security in a Post-Cold War World".

Having high quality input means high quality output as well. The panel discussions and other informal discussions flowing from speaker presentations provide the basis for important ongoing dialogue. Papers from the schools are published and now form an important body of information.

Originally started as a workshop on foreign affairs issues, the school soon attracted the attention of New Zealand's Ministry of Foreign Affairs which recognised its value as a weekend retreat for officials. Other Government officials from the Prime Minister's office and the Ministry of Defence, as well as academics, journalists, diplomats, members of the private sector and interested public also participate regularly.

As a result the Foreign Policy School is now regarded as the premiere event on New Zealand's international calendar. One of the strengths of the school is that it is a weekend residential event - limited to 150 people - rather than simply a conference. It works particularly well because it happens away from the pressure of Wellington, New Zealand's capital, and takes place in the intimate atmosphere of Salmond Hall, one of the University's halls of residence.

Themes and topics

What's new in the global economy?

  • A historical perspective
  • Non-state players: MNCs, individuals and NGOs
  • Foreign investment
  • The international transmission of crises


International economic negotiations and institutions

  • Multi-, Mini-, Bi- and Uni-lateralism
  • The roles of the WTO, the IMF and the World Bank
  • Sovereignty, legal issues, domestic policies and trade law


On the coat-tails of internationalisation

  • Trade-related issues: competition policy, labour, the environment
  • Cultural issues: language, the rights of indigenous peoples


Winners and losers

  • Development and internationalisation
  • Small nations in a large world
  • Global inequality
  • Internal distribution and inequality
  • Security issues

Participants include...
(Click on name for brief biographical details)

Dr Roderick Deane became Chief Executive and Managing Director of Telecom in November 1992. Prior to that he was Chief Executive of the Electricity Corporation of New Zealand Ltd. (1987-1992), Chairman of the State Service Commission (1986-87), Deputy Governor of the Reserve Bank of New Zealand (1982-86) and Alternative Executive Director of the International Monetary Fund. Dr Deane is also a former President of IHC New Zealand Inc. 
He is currently a Director of Fletcher Challenge Ltd. and a Director of the ANZ Banking Group Ltd. He has a Ph.D and B.Coms (Hons) degrees in economics and is a Fellow of the New Zealand Society of Accountants, the Institute of Corporate Management and the New Zealand Institute of Management.

Tim Hazledine has been Professor of Economics at Auckland University since 1992, when he returned to New Zealand after twenty years in Britain and Canada. He was born in Dunedin and educated at Otago and Canterbury Universities, before going to the University of Warwick, in England, to take his Ph D. He has taught at Warwick, Balliol College Oxford,  Queen's University and the University of British Columbia, where he was a professor in the Agricultural Economics Department for eight years before coming back to NZ. He has worked in the public sector, for Agriculture Canada, in Ottawa, and at the Economic Council of Canada. Prof Hazledine has published widely on applied and policy issues, most recently his book Taking New Zealand Seriously: The Economics of Decency (HarperCollins, 1998).

 John F. Helliwell studied at the University of British Columbia and Oxford University, and taught at Oxford before returning to UBC, which has been his base since 1967. His early research was mainly in applied macroeconomics, with special emphasis on energy and natural resource issues from the 1970s onwards. 
His recent research has emphasized comparative macroeconomics and growth, including especially the influence of openness and institutions. He is also involved in several interdisciplinary research projects involving the linkages among economic, social and human health, and especially on the determinants and consequences of different measures of social capital. 
From 1991 to 1994 he was Mackenzie King Visiting Professor of Canadian Studies at Harvard, and in 1995-96 was back at Harvard as a Fulbright Fellow. He is a Research Associate of the National Bureau of Economic Research, a Fellow of the Royal Society of Canada, and an Officer of the Order of Canada.

 Sir Frank Holmes is an Emeritus Professor at the Institute of Policy Studies at the Victoria University of Wellington, Chairman of the Hugo Group Ltd and National President of the New Zealand Institute of International Affairs. He has served in the Prime Minister's and External Affairs Departments, been Macarthy Professor of Economics, Dean of Commerce and Professor of Money and Finance at Victoria.  At the Institute of Policy Studies since the mid-1980s, he has written extensively on New Zealand's external relationships. 
Sir Frank has represented the NZIIA at Commonwealth Relations Conferences and has been a British Commonwealth Fellow and a Fulbright Fellow (at the Brookings Institution). He has been an active participant since the 1960s in the Pacific Trade and Development Conferences (of which he is now a Senior Adviser) and in the PECC since its inception. As Chairman of the NZ Planning Council, he led the New Zealand delegation to an OECD Conference on Social Policy in 1981. He was the first Chairman of the Asia 2000 Foundation (and appointed its first New Zealand Honorary Adviser on his retirement).

Currently Professor of Economics at Dartmouth College, Doug Irwin has also been an Associate Professor at the Graduate School of Business, University of Chicago as well as an Economist in the Division of International Finance, Board of Governors of the Federal Reserve System.  He has published widely in journals such as the American Economic Review, the Journal of Political Economy and the Journal of Economic History.  He is also the author of Against the Tide: an Intellectual History of Free Trade, Princeton: Princeton University, 1996.

 Jane Kelsey has degrees from Victoria University of Wellington, Oxford and Cambridge universities and a PhD from the University of Auckland. She holds a personal chair in law at the School of Law, Auckland University and specialises in the area of law and policy, both domestic and international. Professor Kelsey is the author of four books on aspects of the restructuring of New Zealand's economic, political and social life since 1984, including The New Zealand Experiment. A World Model for Structural Adjustment? (Auckland University Press/Bridget Williams Books, 2nd ed., 1997). Her latest book, to be released in June 1999, Against the Grain. New Zealand's Future in the Global Economy challenges prevailing views about globalisation and its implications for the future. Professor Kelsey travels extensively, talking on the New Zealand experience to a wide range of audiences, and is an active member of an international network of scholars who are critical of the global free market economy.

Patrick Lane has been a journalist with The Economist since November 1993. Having joined the newspaper as an economics correspondent, he became trade correspondent in April 1994. He switched to covering the British economy in September 1997. 
He wrote a survey of world trade 'Where next? Time for another round', which was published in the issue of The Economist dated October 3, 1998. He also deputises as editor of the Britain section of the newspaper. Between January 1990 and October 1993, Patrick Lane was an economic consultant with Oxford Economic Research Associates, a consulting firm specialising in utility regulation. He holds a B.A. in economics from Cambridge University (with first-class honours, awarded in 1985). He went on to be a graduate economics student at Oxford, earning an M.Phil. in 1987 and a D.Phil. in 1991.

The Rt Hon Mike Moore was born in Whakatane in 1949 and educated at Dilworth School, Auckland, and Bay of Islands College. Mr Moore became the youngest NZ Member of Parliament ever elected in 1972. He is now Member of Parliament for Waimakariri and Labour's spokesperson on Foreign Affairs and Trade. During his Parliamentary career, Mr Moore has had responsibilities as spokesman on housing, regional, small town and community development, the environment, tourism, recreation and sport, overseas trade and marketing, external relations and trade and finance. In the fourth Labour Government he was Minister of Foreign Affairs, Trade, Recreation and Sport and Tourism. As well as also being Deputy Minister of Finance he was chairman of the Cabinet Economic Development and Employment Committee. He became Prime Minister in September 1990, was Leader of the Labour Opposition from 1990 to 1993, has written eight books, led trade missions all over the world and is currently a candidate for the position of Director General of the World Trade Organisation.

 David graduated from Bristol University in 1960 with a BA Special Honours degree, took a Fulbright Scholarship to study in the U.S. and has worked as an Economist with Unilever Ltd. and with the European Free Trade Association Secretariat at Geneva and as a Lecturer, and later reader, in
Economics at the University of Reading. 
In 1975, he became Assistant Commissioner of the Industries Assistance Commission, and from 1977 to 1984 was Assistant Secretary of the Department of the Treasury. From 1984 to 1990 he was Deputy Director-General (Economic/Executive) with the Office of National Assessment in Canberra, and since then has been Director, Trade and Development Program, the National Centre for Development Studies, at the ANU in Canberra. His current research interests include assessments of Uruguay Round agreements affecting developing countries, especially environment issues, international investment and competition policy. He has been a consultant with several international organisations (including the World Bank, the OECD, UN agencies and the Commonwealth Secretariat) and has published widely on international trade, finance and development issues.

Alex Sundakov is the Director of the NZ Institute of Economic Research.  His areas of interest span the labour market, macroeconomic forecasting, and the economics of institutions. He has consulted in public sector management issues both in New Zealand and overseas, and is also involved in a range of regulatory policy issues, including Commerce Act proceedings. Alex has been with the Institute since 1997. Prior to that he spent 5 years with the International Monetary Fund in Washington DC, including 3 years in Ukraine as a resident representative responsible for monitoring implementation of the agreed economic policy. He also acted as mediator in the Ukraine/Russia debt restructuring talks and assisted the government in initiating public sector management reforms. 
Prior to his work with the IMF, Alex worked for the New Zealand Treasury where, among other responsibilities, he was closely involved with the design and implemenation of labour market reforms.

Kerrin M Vautier CMG is a consultant research economist specialising in competition policy and law. She is also a senior part-time lecturer in the Department of Commercial Law at the University of Auckland (where she shares competition law and policy teaching responsibilities including at undergraduate level in the Law School); a company director; Chair of the New Zealand Committee of PECC; a trustee of New Zealand's Asia 2000 Foundation; Advisory Board member of the Competition Law and Policy Institute of New Zealand (Inc.); former member of the Commerce Commission; former Chair of the NZ Institute of Economic Research (Inc.); and a past President of the NZ Association of Economists (Inc.). 
Shortly to be published by Edward Elgar Publishing Limited, is Kerrin's second co-authored book with Professor Peter Lloyd: Promoting Competition in Global Markets - A Multi-National Approach.  The first was published by the Institute of Policy Studies in 1997 and was titled International Trade and Competition Policy : CER, APEC and the WTO
Kerrin has been convening the Competition Principles Project for PECC's Trade Policy Forum which has just endorsed its recommended Competition Principles for APEC Economies.

Opening Address


Before 31 May 1999 $250 includes copy of Proceedings
After 31 May $290 includes copy of Proceedings
Students $75 Proceedings not included
Accommodation and meals
(Salmond Hall)

The following enrolment form may be used to register for the School. It is available in html, Adobe pdf or Word doc formats. Simply print it out, complete and mail with your cheque to the address provided. (Use your browser's "Back" button to return to this page.)
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A document with up-to-date (as of June 11th 1999) information on the conference timetable, speakers, topics and (where available) paper outlines is available here in either Acrobat .pdf format or Word '97 .doc format.


Martin Richardson has been an Associate Professor in the Department of Economics at the University of Otago since 1998.  An Otago undergraduate, he received his BA (Hons1) in Economics in 1982, a M.Ec. from the ANU in 1984 and a Ph.D. and M.A. from Princeton University in 1989.  He taught at Georgetown University in Washington DC for a number of years before returning to Otago in 1995. He has published papers in the European Economic Review, Oxford Economic Papers, the Journal of International Economics and the Review of Development Economics as well as elsewhere.  His principal current research interests are trade and competition policies, preferential trading areas and endogenous policy and recent NZ economic reforms.

Salmond Hall, 19 Knox Street, Dunedin

c/- Pam Quin
University of Otago
PO Box 56
New Zealand
Telephone (03) 479 8458
Facsimile (03) 479 9045
Email: pam.quin@stonebow.otago.ac.nz

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WWW: http://www.otago.ac.nz/OtagoFPS

We gratefully acknowledge the generous assistance of many financial supporters in putting on the 1999 School. These include
  • Australian High Commission,
  • British Council and British High Commission,
  • Canadian High Commission and the Association of Canadian Studies of Australia and New Zealand (ACSANZ),
  • Dunedin South Rotary Club,
  • NZ Treasury through the NZ Association of Economists,
  • United States Information Service,
  • Vincent George House of Travel.

University of Otago

The University of Otago has an international reputation for the excellence of its teaching and research and for its leadership in many areas of pure and applied research.

Established in 1869, it is New Zealand's oldest university and has almost 17,000 students enrolled. Its courses and graduates are recognised by employersand the wider community as being of the highest quality. Otago's main campus is located in Dunedin, a true university city where learning is a way of life. The campus is an attractive mix of classical and modern buildings only a few minutes' walk from the heart of the city.

University of Otago Contact: pam.quin@stonebow.otago.ac.nz

This page is maintained by Martin Richardson. Last modified September 20, 1999
(ammended 2001)


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