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New Zealand

Beating Australia on FDI

It’s not enough for New Zealand to compete with Australia in the battle for Olympic gold. We now have to beat the Australians in the battle for foreign investment to grow the Kiwi economy. Thanks to Gillard and Abbott, New Zealand’s chances are better than ever. [...]

Who is open for business?

It is odd that foreigners buying shares in energy companies excites kiwis so much. How many countries have a similarly emotional relationship with their utilities? [...]

Fix the super roof while the sun is still shining

Far, far from the troubles at the home front, Prime Minister John Key was visibly enjoying the military honours and his joint press conference with Chancellor Angela Merkel on his visit to Berlin last week. A better use of his time would have been studying the effects of delaying superannuation reforms. [...]

Aristotle in Dunedin

Aristotle was right. A great city does not need a big population. It can even be as small as Dunedin’s. But every great city needs a population that is passionate about itself, ambitious for its future, and optimistic about its outlook. [...]

MMP, made in Germany

German constituency MPs thus also lack the degree of personal independence that we would often find in countries with a first-past-the-post system. The grip of political parties on the political process in Germany is much stronger than in countries like Britain, the US, or New Zealand. [...]

New Zealand is in a dangerous debt spiral

The financial crisis has made us remember some half-forgotten truths. One of them is that countries with negative net foreign assets and large government liabilities are in danger of being shut out of capital markets. [...]