Improving NZ’s productivity

By Linda Sanders In Money

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17th January, 2013
Back in the 1950s, New Zealand was one of the richest and most productive countries in the world, largely thanks to our efficient pastoral industry being the “farm” for Britain. Fast-forward 60 years and we are a very different country – multicultural and international in outlook but comparatively less well off financially. The experts tell us we are far less productive – we’re now 26th on the OECD list we once led. Why does it matter? Because we’re becoming relatively poorer, and that’s luring our brightest people overseas for better opportunities – compounding our woes. ...

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