NZ does not enjoy Irish or Singapore's advantages

3 months ago 6
ARTICLE AD BOX
"Prime Minister Christopher Luxon specifically reference[s] Ireland and Singapore as 'two economies we often look to for inspiration on investment and technology.'

"This kind of comparison has been a familiar refrain in New Zealand politics. ...

"But ... such comparisons are simplistic and misleading.

"Unlike Ireland, New Zealand does not sit at the junction of the European Union and the United States. And it is not a logistics-finance hub strategically perched on global shipping routes like Singapore.

"Rather, New Zealand is a distant, mid-sized economy whose digital sector has largely grown by meeting domestic demand rather than exporting at scale. ...

"The Ireland and Singapore analogies obscure more than they reveal. New Zealand is not an anchor point in global trade and data flows ... Neither represents a path that can ... be easily transplanted elsewhere."
Read Entire Article