New Zealand in 2003
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Case Details:
Case Code : ECOA108
Case Length : 12 Pages
Period : 2003
Organization : -
Pub Date : 2003
Teaching Note :Not Available
Countries : New Zealand
Industry : -
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Excerpts
Background Note
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Early History
Polynesian ancestors of the Maori arrived in Aotearoa in a series of migrations commencing around the 10th century. In 1642, Dutch explorer Abel Tasman sighted Aotearoa. The first Europeans set foot on New Zealand soil in 1769...
Economic Policies
In 1950, New Zealand was the third richest country in the world . The country's per capita income was 25% above the OECD average. Many citizens viewed the country's cradle-to-grave approach to social welfare as a birthright...
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The Industry
Food, beverages and tobacco accounted for nearly a third of New Zealand's manufacturing output. Other manufacturing sectors of significance were machinery and equipment wood and wood products; petroleum, coal, chemical and associated products and metal products. Value added in New Zealand's manufacturing sector grew by an annual average 2.4% over the ten years to 2000-01...
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Foreign Trade
Though a prosperous country, New Zealand was heavily dependent on commodity exports. The country had close trade links with the UK and Australia for historical and geographical reasons. New Zealand's main trading partners were Japan and countries in Southeast and East Asia...
Future Outlook
In early 2003, New Zealand's reform process was far from complete. Government spending was still quite high. Pensions continued to be generous. New Zealand's sequencing of reforms did not seem to have been well thought out... |
Exhibits
Exhibit I New Zealand: Fact Sheet
Exhibit II New Zealand: Macro Economic Indicators
Exhibit III Comparative Analysis: Economic Indicators, 2001
Exhibit IV New Zealand: Growth of Manufacturing by Sub-Division
Exhibit V New Zealand: Market for Manufacturing
Exhibit VI New Zealand: Exports of Software, Computer and Education Services
Exhibit VII New Zealand: Foreign Trade Partners
Exhibit VIII New Zealand: Profile of International Trade, 2001
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