Chronic road congestion is taking a toll on the mobility of goods, services and people in New Zealand’s major urban centres, costing us over a billion dollars every year on wasted hours idling in traffic. Read more
Dr Patrick Carvalho
Dr Patrick Carvalho is a Research Fellow at The New Zealand Initiative, with extensive international experience in public policy across academia, public organisations and private sector.
Prior to immigrating to New Zealand, Dr Carvalho worked as the Head of the Economic Studies Division at the Federation of Industries of Rio de Janeiro, producing research on fiscal and monetary matters, and as a Research Fellow at The Centre for Independent Studies in Sydney, where he focused on industrial relations and competition policy. More recently, Dr Carvalho was a Director at a Washington, D.C.-based consultancy advising the U.S. Federal Administration on the challenges of demographic shifts to economic prosperity.
Dr Carvalho has Bachelor of Law degree from Rio de Janeiro’s State University, a Master’s in political science from the University of Wollongong, and a PhD in economics from the Australian National University, where he also worked as a lecturer in macroeconomic policy.
The Price is Right: The road to a better transport system (5 November 2019)
Phone: 04 494 9101
Chronic road congestion is taking a toll on the mobility of goods, services and people in New Zealand's major urban centres, costing us more than a billion dollars every year on wasted hours idling in traffic. Read more
Congestion pricing, which charges drivers a user fee at peak times in overcrowded routes, can solve New Zealand’s shocking congestion woes, according to a new report launched this week by The New Zealand Initiative. Read more
New Zealand needs a land transport system that is fit for purpose: a wide range of options that are safe, reliable, environmentally-friendly and cost-effective. But the current transport environment falls far short. We need to, and we can, do better. Read more
Dr Patrick Carvalho discusses his new report, The Price is Right: The road to a better transport system, with Mike Hosking on Newstalk ZB. He highlights the benefits of a revenue-neutral congestion charging system that would help to solve the increasing congestion levels in New Zealand. He talks about congestion charges in London and what we can learn from their experiences in order to create an efficient, transparent and world-class pricing scheme here. Read more
Our new report, The Price is Right: The road to a better transport system, by Patrick Carvalho, calls for bipartisan political support for the introduction to congestion pricing. The report argues congestion charging - where road users pay charges based on distance, time, location and vehicle type and weight - can promote funding transparency and accountability while addressing the increasing congestion woes in New Zealand. Report author Dr Patrick Carvalho spoke to The National Business Review's Brent Edwards ahead of... Read more
Last Thursday, the U.S. Federal Reserve Bank pledged to offer on a daily basis at least $120 billion of cash injections in the short-term money market, up from the initial $75 billion supply agreed last month. Read more
“Our goal is to make sure the fight against poverty is based on scientific evidence,” Esther Duflo said shortly after becoming the second woman (and also the youngest economist, at 46) to be awarded the Nobel Prize for Economics. Read more
A common saying about the various stages of social acceptance is: "First they ignore you, then they laugh at you, then they fight you, and then you win." A decade after Bitcoin was born, cryptocurrencies are about to enter the "fight" phase in their quest to become a mainstream means of payment. Read more
From cowry shells to metal coins, promissory notes, paper money and plastic, humans have adapted to different currency types over the millennia. Read more
Although at very early stages, the Democratic Party’s process to choose its presidential nominee has thrown up three leading figures, two completely opposite policy platforms, and one likely outcome. Read more
Artificial intelligence will soon steal all our jobs, subjecting humans to the whims of a small and privileged capital-owner elite. At least, that is a recurring conspiracy in apocalyptical sci-fi movies or in the minds of modern luddites. Read more
Bipartisan politics is a rare beast in New Zealand nowadays. It is even harder to spot when political parties are shy to sponsor necessary policy changes that might arouse public backlash at first. Read more
As of this week, the American economy has been growing for 121 months, the longest since records began in 1854. On the back of it, the global economy – including New Zealand’s – has been sailing through calm waters. Read more
The government has released its Road to Zero consultation document, laying out a Vision Zero approach aiming for “no one is killed or seriously injured in road crashes”. A zero-road toll pledge may be a good soundbite, but not a good policy prescription. While we all want safer roads, an inconvenient truth is that not all crashes are preventable and, sadly, sometimes human mistakes do cost lives. Read more