NZ not ready for next big earthquake - Eric Crampton
The public policy think tank, the New Zealand Initiative, says this country is still under-prepared for the next big earthquake. The group of economists has reviewed the policy response to the Canterbury earthquakes and has just released its report: Recipe for disaster: Building policy on shaky ground. It says recovery from the quakes was hindered by avoidable policy mistakes that still haven't been addressed. One of the report's co authors Dr Eric Crampton joins Susie Ferguson to discuss the issues.