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Top 10 economic issues facing New Zealand

Increasing exports, securing capital and shifting to a low carbon economy are among issues identified by the New Zealand Institute as being most important to the country's long-term success.
The institute today released its top 10 list of major issues fa

NZPA and NBR staff
Wed, 11 Jul 2018

Increasing exports, securing capital and shifting to a low carbon economy are among issues identified by the New Zealand Institute as being most important to the country's long-term success.

The institute today released its top 10 list of major issues facing New Zealand, saying that if they could be resolved they would make the greatest contribution to the country's future.

"There is a danger that short-term economic, fiscal and election pressures prevent sufficient attention being given to the requirements for long-term success," director Rick Boven said.

"Efforts on many other important issues facing New Zealand will not stop and nor should they, but to build the foundation for long-term success we should focus on the vital few."

The list is published as a series of questions:

* Can New Zealand implement stable policies that will improve long-term outcomes;

* can a capable, resilient population that works together be retained;

* can the disadvantages suffered by young people be reduced so they can contribute to a multicultural society;

* can New Zealand benefit economically, socially and educationally from ultra-fast broadband;

* can competitive advantage be gained by shifting to a low carbon economy;

* can the natural environment be managed so it remains productive and builds the national brand;

* can business and public sector skills be developed to deliver success for exporters and local businesses;

* can the capital be secured to rejoin world leaders in economic prosperity;

* can a high-performing innovation ecosystem be developed that grows high-value international businesses; and

* can the growth of export sectors by accelerated.

The institute's purpose is to improve long-term outcomes for New Zealand and its people. It acknowledges that other groups and individuals are preparing programmes to help guide the country's development and believes its list can help inform those efforts.

NZPA and NBR staff
Wed, 11 Jul 2018
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Top 10 economic issues facing New Zealand
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