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.
Latest reports:
Pricing Out Congestion: Experiences from abroad (28 January 2020)
The Price is Right: The road to a better transport system (5 November 2019)
Policy Point: The Pitfalls of CGT (February 2019)
Submission: Local Government Funding and Financing (February 2019)
Phone: 04 494 9101
Email: info@nzinitiative.org.nz
Complaining about a housing crisis in New Zealand has become a national sport, spawning all sorts of wrong policy remedies. New Zealand’s housing issue is a supply problem: The country’s rules and institutions are not conducive to a thriving building industry. Read more
The political discourse in the United States is in dangerous territory. Ideological hate, partisan hostility, and policy brinkmanship are becoming a real national crisis. Read more
Benjamin Franklyn is famously credited with writing “in this world nothing can be said to be certain, except death and taxes”. That may be true, but a cynic might retort that at least death does not get worse every time governments look for extra funding. Read more
The Tax Working Group’s proposed capital gains tax would constitute one of the most penal regimes in the world if implemented. A comprehensive CGT regime would also tarnish the simplicity and competitiveness of New Zealand’s internationally praised tax system. Read more
The jury is out for the released Tax Working Group’s “Future of Tax” Report, with the government promising to deliver its verdict in April. Unfortunately, a careful reading of the 200-page document already shows a missed opportunity to address New Zealand’s biggest elephant in the room: slow productivity growth. Read more
Patrick Carvalho joins Peter Williams on Magic Talk with his take on the Tax Working Group report and the impact of a proposed capital gains tax. He explains why the broad-based top rate of 33% CGT would push New Zealand to the top of the international CGT rankings among industrialised economies, just behind Denmark and Finland. Read more
The Tax Working Group released this week its much-anticipated “Future of Tax” report, which recommends introducing a broad-based taxation of capital gains at full income rates. As proposed, the 33% headline rate would be one of the highest among industrialised economies. Read more
The Tax Working Group’s report proposes a broad-based top rate of 33% capital gains tax (CGT). Patrick Carvalho explains to Larry Williams on Newstalk ZB why fully taxing capital gains would likely have undesirable effects on productivity, investment and growth, and impose significant compliance costs. Read more
Executive SummaryTax Working Group’s proposed rate of capital gains tax one of the most penal in the world. The Tax Working Group’s report proposes a broad-based top rate of 33% capital gains tax. Read more
Read our submission to the New Zealand Productivity Commission on their Local Government Funding and Financing Issues Paper (November 2018). Read more
“When equality is given to unequal things, the resultant will be unequal,” Plato once said. The ancient Greek philosopher would then have certainly condemned our local governance rules. Read more
Some would say politics stinks. Others…would say that too. Read more
Being the most recent addition to the New Zealand Initiative research team, I would like to briefly introduce myself. My name is Patrick – also known more commonly in some social interactions as the “Father of Liz” or the “Husband of Julia”. Read more