Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Growing urban–rural divide demands urgency

Growing urban–rural divide demands urgency

The author of a book that has sparked a national debate about the urban–rural divide says the growing gap between New Zealand’s regions is set to accelerate – unless we take urgent action.

High profile economist Shamubeel Eaqub is speaking about regional economic growth at the Local Government New Zealand conference in Nelson today.

His new book, Growing Apart: Regional Prosperity in New Zealand, describes how many local economies are faced with grave decline while only a few are advancing.

The book is part of a series of short books published by Bridget Williams Books.

In Growing Apart, Eaqub urges leaders across central and local government to agree on goals, barriers and policies, working alongside communities, businesses and iwi.

‘We need committed politicians and officials across central and local government.’

‘If we rank our regions internationally, Auckland, Wellington and Canterbury are comparable to France, Finland and Saudi Arabia respectively. But the smaller regions look like Timor-Leste (Northland), Greece (Manawatu-Whanganui and Gisborne) or other emerging economies such as Cyprus and the Seychelles.’

Eaqub warns that stifling growth in high-performing regions like Auckland is not the answer.

‘If we stifle growth in Auckland, it won’t turn up in Northland – it will turn up in Sydney or Singapore. For stagnating economies we need to build on their capabilities and provide help where there is a credible chance that the cost of investments will be more than repaid by future benefits.’

About the author
Shamubeel Eaqub (CFA) is a Principal Economist at the New Zealand Institute of Economic Research. His focus is in analytical frameworks to aid economic forecasting, commentary and incisive research into topical areas of economics.

About BWB Texts
BWB Texts are short books on big subjects. Published as snappy Penguin-style paperbacks and DRM-free e-books, this new series unlocks exciting opportunities for New Zealand non-fiction. Many more BWB Texts are scheduled for release through 2014 and beyond.

For more information about BWB Texts please visit our website.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news