As covered by general media over th epast week, the OECD have released their latest report on New Zealand’s situation in particular in relation to other OECD countries.
The report highlights the fact that despite having virtually no government support and being highly exposed to international competition .
However, New Zealand with its greater reliance on the rural sector for exports is not quite comparing apples with apples as the best coverage is still far and away located in the larger cities.
So, while agriculture which by and large exports about 90% of ‘sales’, other sectors are not so active and are perceived to be more at risk of failure as a result.
An area farmers are likely to be concerned with is the belief that the report authors not only believe water use should all be monitored and paid for but also be a tradeable right so that it ends up going to its best use.
On the topic of climate change and greenhouse gases, they highlight the fact that New Zealand are falling well short of where we need to be to meet our international commitments.
Perhaps of interest Australia’s FDI is similar to that of New Zealand, so we do not look to be currently losing much offshore investment to them.
The fact that the government is proposing to adopt a health and work insurance policy similar to other OECD countries could indicate that government does take notice of these reports.
We fill these gaps with an improved empirical methodology to check whether FDI has enhanced growth in Spain, one of the largest receivers of FDI, whose gross domestic product growth was above average but has escaped scrutiny.
The only place to go is further processing but there is no garantee that customers will pay the extra.
When you see the hundreds of millions of tons of coal burned around the world every year for electricity generation you see that NZ is not the problem.
For the love of god.
The government simply doesn’t know what productivity is, so it could never support a mass subsidsation, rollout and farmer training of said technology, because it wouldn’t understand the benefits.
In addition to the above comment, we ALSO have a homegrown product, which could be used to significantly reduce greenhouse gas emissions in bovines, known since discovery in 2017, yes 5 years ago.
Same with wood , hold back logs , and export timber.
I guess it would depend which markets /products , NZ has the ability to influence the price.