Think Big

Think Big was an interventionist state economic strategy of the Third National Government of New Zealand, promoted by the Prime Minister Robert Muldoon (1975–1984) and his National government in the early 1980s.wikipedia
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Third National Government of New Zealand

Third National GovernmentNational GovernmentMuldoon government
Think Big was an interventionist state economic strategy of the Third National Government of New Zealand, promoted by the Prime Minister Robert Muldoon (1975–1984) and his National government in the early 1980s.
In 1980, the government launched the Think Big programme of large-scale industrial projects, mainly based around energy projects, to reduce New Zealand's dependence on foreign energy.

Robert Muldoon

Rob MuldoonMuldoonSir Robert Muldoon
Think Big was an interventionist state economic strategy of the Third National Government of New Zealand, promoted by the Prime Minister Robert Muldoon (1975–1984) and his National government in the early 1980s.
Economic policies of the Muldoon Government included national superannuation, wage and price freezes, industrial incentives, and the Think Big industrial projects.

New Zealand National Party

National PartyNationalThe National Party
Think Big was an interventionist state economic strategy of the Third National Government of New Zealand, promoted by the Prime Minister Robert Muldoon (1975–1984) and his National government in the early 1980s.
Bill Birch's "Think Big" initiatives, designed to invest public money in energy self-sufficiency, stand in contrast to the party's views.

Bill Birch

Birch, BillMinister of Energy, Science and TechnologySir William ("Bill") Birch
In 1978 Bill Birch became the Minister of Energy.
As Minister for National Development, Birch was closely involved in the Think Big project, a series of high-cost programmes designed to reduce New Zealand's dependence on imported fuel.

Allan Highet

Allen HighetDavid Allan HighetHighet, Allan
The National Cabinet Minister Allan Highet coined the "Think Big" label in a speech to a National Party conference in 1977.
In 1977, Highet introduced the expression "Think Big" in a speech to a National Party Conference, as a description of the Government's then-ambitious major projects in the Energy sector.

Carless days in New Zealand

carless days
On 30 July 1979 the government introduced carless days, where private motorists had to choose one day of the week, on which they could not drive their motor vehicle.
The enabling legislation was one of several unsuccessful attempts to help the declining New Zealand economy after the oil shocks of the late 1970s—other such policies included the Think Big strategy.

Clyde Dam

ClydeClyde High Damdam at Clyde
The construction of the Clyde Dam on the Clutha River formed part of a scheme to generate electricity for the national grid.
National's support for a controversial aluminium smelter at Aramoana, another of Prime Minister Sir Rob Muldoon's Think Big projects of the late 1970s and early 1980s, was one justification propounded for the dam.

North Island Main Trunk

North Island Main Trunk RailwayMain Trunk LineNIMT
The central section from Te Rapa near Hamilton to Palmerston North was electrified at 25 kV AC between 1984 and 1988 as part of the Think Big government energy programme.

Motunui

Motonui
The core Think Big projects included the construction of the Mobil synthetic-petrol plant at Motunui, the complementary expansion of the oil refinery at Marsden Point near Whangarei, and the building of a stand-alone plant at Waitara to produce methanol for export.
The plant was one of the Think Big projects of the Third National Government.

Marsden Point Oil Refinery

New Zealand RefineryNew Zealand Refining CompanyRefining NZ
Power generated from the Clyde Dam, the expansion of the Marsden Point Oil Refinery, and the methanol produced at Waitara all provide examples of continuing positive benefits to the economy decades after the completion of the projects.
This proved to be a catalyst for further expansion of the refinery, under the Muldoon National Governments Think Big energy projects.

New Zealand Steel

Glenbrook Steel MillBHP New Zealand SteelGlenbrook steelworks
In the Think Big era of New Zealand industrialisation, the mill was upgraded.

Railway electrification in New Zealand

Electrificationelectrified
Electrification of the 412-km centre section of the NIMT was one of the Think Big projects.

Economy of New Zealand

New Zealand economyNew Zealand's economyNew Zealand
Following the 1979 energy crisis resulting from the Iranian Revolution of that year, Robert Muldoon, the prime minister between 1975 and 1984, instituted an economic strategy known as Think Big.

Māori loan affair

Maori loan affair
Richard Prebble said to the Labour Cabinet during the Maori loan affair: "Better to talk about the $7 billion that was borrowed (by Muldoon for Think Big) than about the $600 million that wasn’t."
Prebble said "Better to talk about the $7 billion that was borrowed (by Muldoon for Think Big) than about the $600 million that wasn't".

Economic interventionism

government interventioninterventioniststate intervention
Think Big was an interventionist state economic strategy of the Third National Government of New Zealand, promoted by the Prime Minister Robert Muldoon (1975–1984) and his National government in the early 1980s.

Prime Minister of New Zealand

Prime MinisterPremierNew Zealand Prime Minister
Think Big was an interventionist state economic strategy of the Third National Government of New Zealand, promoted by the Prime Minister Robert Muldoon (1975–1984) and his National government in the early 1980s.

Government budget balance

deficitfiscal deficitgovernment budget deficit
The Think Big schemes saw the government borrow heavily overseas, running up a large external deficit, and using the funds for large-scale industrial projects.

Natural gas

gasgas-firednatural-gas
Petrochemical- and energy-related projects figured prominently, designed to utilize New Zealand's abundant natural gas to produce ammonia, urea fertilizer, methanol and petrol.

Ammonia

NH 3 anhydrous ammonialiquid ammonia
Petrochemical- and energy-related projects figured prominently, designed to utilize New Zealand's abundant natural gas to produce ammonia, urea fertilizer, methanol and petrol.

Urea

carbamideBosch–Meiser urea processCO(NH 2 ) 2
Petrochemical- and energy-related projects figured prominently, designed to utilize New Zealand's abundant natural gas to produce ammonia, urea fertilizer, methanol and petrol.

Fertilizer

fertiliserfertilizersnitrogen fertilizer
Petrochemical- and energy-related projects figured prominently, designed to utilize New Zealand's abundant natural gas to produce ammonia, urea fertilizer, methanol and petrol.

Methanol

methyl alcoholwood alcoholCH 3 OH
Petrochemical- and energy-related projects figured prominently, designed to utilize New Zealand's abundant natural gas to produce ammonia, urea fertilizer, methanol and petrol.

Gasoline

petrolgasleaded gasoline
Petrochemical- and energy-related projects figured prominently, designed to utilize New Zealand's abundant natural gas to produce ammonia, urea fertilizer, methanol and petrol.

Brian Easton (economist)

Brian EastonEaston, Brian
Economist Brian Easton also used the term "think big" in describing economic strategies.

1973 oil crisis

oil crisisArab Oil Embargo1973 energy crisis
In the late 1970s New Zealand's economy was suffering from the aftermath of the 1973 energy crisis, from the loss of its biggest export market upon Britain's joining the European Economic Community, and from rampant inflation.