Story: State-owned enterprises

Clyde dam

Clyde dam

The Clyde hydroelectric dam on the Clutha River, built in the early 1980s, was a major part of the Muldoon government's 'think big' programme. 'Think big', the last major expansion of state activity prior to the creation of state-owned enterprises in 1986, had a particularly strong focus on the energy sector. It was intended to insulate New Zealand's economy from high oil prices, and was prompted by the 'oil shocks' (abrupt rises in price) of the 1970s.

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How to cite this page:

Rob Laking, 'State-owned enterprises - What are state-owned enterprises?', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/32679/clyde-dam (accessed 20 November 2019)

Story by Rob Laking, published 20 Jun 2012, updated 17 Feb 2015