Institute for Governance and Policy Studies

IPS WP 10/05 - Would New Zealandís economic performance improve if we were more ethical?

Ethical behaviour has not traditionally been a major focus of economic analysis.  However recent advances in our understanding of how markets actually work show that ethical behaviour is an important foundation for good economic performance. This paper looks at the evidence that suggests that ethical behaviour is good for the economy, investigates the extent to which these issues are relevant to New Zealand, and canvasses the public policy implications of the finding that ethical behaviour is important for economic efficiency.

Published in February 2010

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