Monday, December 01, 2008

Dear John, your economy's gone

The second dream of New Zealand’s new multimillionaire Prime Minister elect, John Key, to ride the chariots of power inJhon Key the country eventually got fulfilled with his campaign ‘Choosing a brighter future’, bagging him a glorious victory over the former premier Helen Clarke.

The National Party led by Key, who has already served as a trader at Merrill Lynch and financial spokesperson of the nation, won 59 seats, over 45.5 per cent majority in the 122-member parliament. Reports suggest that with the support of allies ACT – the centre-right party of New Zealand that advocates free market liberal points of view and United Future, National party will have control over 65 seats. Addressing media soon after the victory, Key said, “We have to re-instill confidence in our economy. We have to get New Zealand going.”

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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