The Government’s response to the economic challenges of Covid-19 has primarily focused on new spending which will balloon public debt from 19% of GDP in 2019 to 30% in 2020 and peak at nearly 54% of GDP by 2024. It is only expected to modestly fall to 42% of GDP by 2034.A clear choice has been made to defer paying the costs of the Government’s economic response to the Covid-19 crisis into the future, either by lower levels of public... Read more
New Zealand’s isolated geography should not fool us. In our interconnected world, no country is an island – at least metaphorically.
What happens in other places affects New Zealand: culturally, politically and economically.
A greater awareness of global affairs helps us make better choices for the future of our country. It enables us to learn from the successes and failures of others. And it allows us to engage with our international peers on areas of mutual and strategic interest.
The New Zealand Initiative research follows international affairs, assesses their significance for New Zealand, and comments on them to help define the nation’s place in the global space.