From the Wall Street Journal, an article on the upcoming New Zealand election (September 20). It says:
- John Key is facing an unusual predicament for a prime minister seeking re-election: stellar economic performance—and an evaporating lead in the polls:
- The country has a multiparty system similar to Germany’s, allowing voters to choose both the party they want in government and the candidate for their local electorate. That means that governments often rule with only the smallest of majorities, and even tiny shifts in support for the major parties can dramatically shift elections
- The biggest gains since campaigning began last month have been among smaller parties closer to Labour, while a handful more sympathetic to the governing block have seen support waning
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As if the NZD doesn’t have enough going against it …. add potential political turmoil into the mix …
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More at the article (gated): New Zealand’s Leader Faces Election Paradox
Economy Is Booming But Ruling Party Is Slipping in Polls
