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- W3122029908 abstract "Purpose – This paper aims to argue that in the short history of New Zealand banking, political experimentation, based at first upon socialist ideology of the 1940s led to the nationalisation of The Bank of New Zealand (BNZ), followed by a period of neo‐liberalism in the 1980s and early 1990s in which the bank was privatised. It further argues that the establishment of Kiwibank Ltd in New Zealand at the dawn of the twenty‐first century was a return to the political ideology of the 1940s.Design/methodology/approach – The paper discusses the nationalisation and subsequent privatisation of the BNZ and draws a parallel between the perceived banking environment as it existed in New Zealand in the twentieth century and as it existed at the establishment of Kiwibank. By way of context setting it also discusses the political environment as it relates to the nationalisation of the Bank of England.Findings – The paper finds that in New Zealand, political experimentation, not commercial pragmatism, was the underlying..." @default.
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- W3122029908 date "2011-06-28" @default.
- W3122029908 modified "2023-10-02" @default.
- W3122029908 title "Ideology or economics: government banking in New Zealand" @default.
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- W3122029908 doi "https://doi.org/10.1108/17511341111141378" @default.
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