Projects
The New Zealand economy
The New Zealand economy has performed well over the past 15 years, but a substantial challenge remains in terms of raising per capita income levels. This project will examine the priorities for action in achieving much improved economic performance in New Zealand. How can a small, remote economy develop real competitive strength?
New Zealand’s global engagement
As a small country, New Zealand’s economic success rests in large measure on its ability to successfully engage in the global economy. However, New Zealand’s international economic activity lags that of many other developed countries. This project will examine how New Zealand can better position itself in the global economy in terms of both private sector and government action.
The weightless economy
New Zealand is more likely to be able to compete successfully in global markets by developing strengths in the weightless economy, because such types of economic activity are less exposed to New Zealand’s small scale and physical remoteness. The weightless economy includes adding more knowledge-based value to physical goods and services, engaging in foreign investment or offshoring production, through to activity that can be transported virtually such as the creative industries, biotech, or business services. This project will examine the priorities for action to develop weightless strengths in the New Zealand economy.
Innovation ecosystem
Scientific innovation is a key driver of prosperity for advanced economies. This project examines opportunities to lift New Zealand’s economic performance by more effectively commercialising New Zealand’s scientific innovations.
The economics of climate change for New Zealand
The way in which New Zealand responds to climate change is likely to have a significant impact on New Zealand’s economic prospects over the next several decades. Climate change will have both direct effects, as temperature and rainfall patterns change, and indirect effects due to the changed behaviours of consumers, firms, and governments in response to concerns about climate change. This project will describe New Zealand’s exposures to climate change, outline the key choices facing New Zealand, and assess possible strategic responses.
Creating an ownership society in New Zealand
Asset ownership is increasingly important for meaningful participation in society and the economy. Asset ownership enhances the ability of people to invest in the future and cope with shocks, and enables more New Zealanders to obtain the benefits of economic growth. Increased private savings will also generate powerful economic benefits. This project describes the nature of these economic and social benefits and offers recommendations to create an ownership society.