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Speaker 1: State of the place of the economy. Our biggest economics

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Speaker 1: forum is on today Big Picture Stuff Wykata University. Theme

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Speaker 1: is Big Choices for a Small Nation, looks at the

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Speaker 1: complex state of the economy, the tough decisions ahead, the

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Speaker 1: trade offs between global trade and national security. Who's the moderator?

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Speaker 1: Former Finance Minister Stephen Joyce.

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Speaker 2: Good morning, morning, Mike. How are you very well?

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Speaker 1: Indeed? Big Choices for a small nation. Are we mentally

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Speaker 1: equipped at the moment to deal with big choices and

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Speaker 1: big decisions?

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Speaker 2: Well, we'll find out over the next two days at

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Speaker 2: the Economics Forum at the University of Waikato. It's a

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Speaker 2: huge range of topics and I think it is a

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Speaker 2: good time to talk about things. I've been involved with

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Speaker 2: this for the last five or six years and it

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Speaker 2: seems to me that things I think it's just my

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Speaker 2: age that things keep rushing at us faster. The geopolitics, obviously,

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Speaker 2: what's happening in the world, and the issues around a

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Speaker 2: whole range of things, social media, the impact I have politics,

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Speaker 2: all that stuff is going to get a good showing

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Speaker 2: over the next two days.

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Speaker 1: The state of the place you deal with I in

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Speaker 1: New Zealand or the state of the world and whether

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Speaker 1: we can actually do anything about it given out simus, Well, we.

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Speaker 2: Can't obviously go out and create will at peace. What

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Speaker 2: we can do is talk about how we can respond

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Speaker 2: to the things that are happening in the world. And

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Speaker 2: I think that's a really important conversation to keep having.

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Speaker 2: So I moderate the Macroeconomics panel for example, and a

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Speaker 2: lot of what we talk about will be how a

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Speaker 2: country that sort of has thrived on the rules based

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Speaker 2: system is going to cope in the miter's rights system

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Speaker 2: that we seem to be moving into at the moment,

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Speaker 2: where you know, the big countries and in particular the

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Speaker 2: US are taking a different view, and how does that

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Speaker 2: impact the New Zealand economy and how do we negotiate

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Speaker 2: that at a big trade session tomorrow which tries to

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Speaker 2: answer that big question about how do you keep friendly

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Speaker 2: with both China and the US at the same time.

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Speaker 2: And also where does India fit into all this? But

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Speaker 2: a lot of heat and light about that Indian FTA,

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Speaker 2: But how does that fit and what's that going to

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Speaker 2: contribute to the zone future. So some really good talent

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Speaker 2: across those, some X ambassadors, ex ministers of the Crown.

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Speaker 2: We're having a session on superannuation this afternoon which I'm

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Speaker 2: also operating, and I'll be discussing it with David Parker

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Speaker 2: and Tracy Martin amongst others. That'll be a family reunion.

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Speaker 1: There you go, do you reckon? Will you get to

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Speaker 1: the part where MMP is whether it's conducible not to

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Speaker 1: making bold decisions in bold times or whether we just

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Speaker 1: are sort of a bit lost in that area.

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Speaker 2: Yes, there is a session on that today and how

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Speaker 2: well is MMP serving It's not in a sort of

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Speaker 2: necessarily and you keep it'll get rid of it discussion.

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Speaker 2: But the impact of the modern world of politics and

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Speaker 2: how we're breaking into smaller tribes I think is a

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Speaker 2: big discussion, and of course the impact of social media

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Speaker 2: which encourages people to think tribally. You know, this is

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Speaker 2: my crew. I don't want to listen to the other

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Speaker 2: crew and the impact that's having. So yeah, those were

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Speaker 2: pretty thoughtful discussions. Should be good.

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Speaker 1: All right, appreciate your time. My former Finance Minister moderator

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Speaker 1: for the day, Stephen Joyce with.

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Speaker 2: Us for more from the Mic Asking Breakfast listen live

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Speaker 2: to news talks.

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Speaker 1: It'd be from six am weekdays, or follow the podcast

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Speaker 1: on iHeartRadio