An additional complication comes from the inconsistent treatment of family trusts, and the assets held by them. We estimate that about 15 percent of households now hold assets through family trusts. Furthermore, globalisation is complicating things considerably. Our official data on offshore equity holdings by New Zealanders probably under-estimates the real situation.
(Number)” [4] The second pillar supporting the social market economy is an awareness of the social implications of market processes. Everyone in society should share in the prosperity created. No-one should be left behind. That’s why there is a social protection net that cushions hardship and protects people experiencing ﬁnancial diﬃculties. However, distribution policy alone does not go far enough.