Post by Kiwi Frontline on Sept 1, 2018 17:17:26 GMT 12
CROSS-EXAMINING THE '$170 MILLION
Compensation for the claimed Treaty of Waitangi breaches by the Crown against Te Aitanga a Mahaki was the main topic of discussion at the Waitangi Tribunal hearing of the Mangatu remedies claim yesterday.
Economist for Te Aitanga a Mahaki, Dr Richard Meade has estimated that the monetary value of the overall compensation for the Mangatu claim would be $170 million plus the return of the Crown forest-licensed land.
Dr Meade was questioned for most of the day about how he came to that figure, especially regarding the methodolgy he used towards reaching his estimate.
Dr Meade said he came to his estimations using a process called ‘counter-factual’.
“We look at what we know actually happened and then we ask, ‘what would the world be like had the Treaty of Waitangi breaches to Te Aitanga a Mahaki not happened?” he said.
“If we don’t have a counter-factual, I don’t have anything to work with.
“I have a factual (historical wrong-doings by the Crown).
“I have to estimate what would have happened if the breach had not happened.”......
gisborneherald.co.nz/localnews/3591198-135/cross-examining-the-170-million
Compensation for the claimed Treaty of Waitangi breaches by the Crown against Te Aitanga a Mahaki was the main topic of discussion at the Waitangi Tribunal hearing of the Mangatu remedies claim yesterday.
Economist for Te Aitanga a Mahaki, Dr Richard Meade has estimated that the monetary value of the overall compensation for the Mangatu claim would be $170 million plus the return of the Crown forest-licensed land.
Dr Meade was questioned for most of the day about how he came to that figure, especially regarding the methodolgy he used towards reaching his estimate.
Dr Meade said he came to his estimations using a process called ‘counter-factual’.
“We look at what we know actually happened and then we ask, ‘what would the world be like had the Treaty of Waitangi breaches to Te Aitanga a Mahaki not happened?” he said.
“If we don’t have a counter-factual, I don’t have anything to work with.
“I have a factual (historical wrong-doings by the Crown).
“I have to estimate what would have happened if the breach had not happened.”......
gisborneherald.co.nz/localnews/3591198-135/cross-examining-the-170-million