Compulsory Super: No way to solve super

The suggestion that New Zealand can "solve" its balance of payments problem by embracing a compulsory superannuation scheme is laughable, economist Gareth Morgan says.

Tuesday, September 28th 1999, 12:00AM

by Philip Macalister

The suggestion that New Zealand can "solve" its balance of payments problem by embracing a compulsory superannuation scheme is laughable - if it weren't being seriously promoted by some who should know better. While economic literacy is not a prerequisite for one to call oneself an economist, it's paramount if the claim is to be credible. More

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