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Neoliberalism and Criticisms of Earthquake Insurance Arrangements in New Zealand

Bibliographic Data

ID3898484
AuthorsIain Hay (0000-0001-6305-061X, Flinders University, corresponding author)
Year1996
Volume20
Issue1
Pages34-48
Publication date1996-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueDisasters (JOURNAL)
Journal identifiersISSN: 0361-3666 • E-ISSN: 1467-7717
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1467-7717.1996.tb00513.x
PMID8867509
OpenAlexW2147787579
LanguageEN
Citations received1
References cited5

Global collapse of the Fordist-Keynesian regime of accumulation and an attendant philosophical shift in New Zealand politics to neoliberalism have prompted criticisms of, and changes to, the Earthquake and War Damage Commission. Earthquake insurance arrangements made 50 years ago in an era of collectivist, welfarist political action are now set in an environment in which emphasis is given to competitive relations and individualism. Six specific criticisms of the Commission are identified, each of which is founded in the rhetoric and ideology of a neoliberal political project which has underpinned radical social and economic changes in New Zealand since the early 1980s. On the basis of those criticisms, and in terms of the Earthquake Commission Act 1993, the Commission has been restructured. The new Commission is withdrawing from its primary position as the nation's non-residential property hazards insurer and is restricting its coverage of residential properties

Collectivism · Commission · Economic growth · Economics · Ideology · Individualism · Law and economics · Neoliberalism (international relations · Political economy · Political science · Politics · Sociology · Unemployment · Disaster Management and Resilience · Economic, financial, and policy analysis · Housing, Finance, and Neoliberalism · Law · Public Administration

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Unique citing works1
Citations per year1
Citation span2026 - 2026 (1)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 1

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