New Zealand’s economic dilemma: a shrinking slice of the pie
ANALYSIS: The dismal performance is not merely a cyclical downturn; it highlights deeper structural issues in our economy that have been neglected for far too long.
Low productivity growth lies at the heart of our economic woes.
Over the past two decades, the average New Zealander's share of the economic pie has been steadily shrinking. If we measure this pie in terms of GDP, it becomes evident that our stagnant GDP per capita growth rate reflects a fundamental shift in our nation's economic prosperity. While there have
