New Zealand's low productivity presents long-term challenges to growth, OECD says

Wed, 14 Jun 2017

By Paul McBeth June 14 (BusinessDesk) - New Zealand's low levels of productivity present long-term challenges to an economy with a strong short-term outlook, and policymakers should cut corporate taxes, free up foreign investment, expand infrastructure funding sources and review competition law, says the Organisation for Economic Cooperative and Development. In its two-yearly review of the local economy and policy settings, the global club for rich countries again found New Zealand was experiencing strong economic growth with sound gover...

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