Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

NZ tops Global Prosperity Index


Hon Steven Joyce
Minister for Economic Development
3 November 2016 Media Statement

NZ tops Global Prosperity Index


New Zealand has been ranked first in the world in the 2016 Legatum Institute’s Global Prosperity Index, up from fourth position last year.

The index ranks 149 countries according to their performance across eight equally weighted categories. This year New Zealand ranked first for economic quality, first for social capital, second for business environment, second for governance and third for personal freedom.

“This is great news following on from New Zealand’s recent number one ranking in the World Bank’s ease of doing business report, and our rank of thirteenth in the Global Competitiveness Index, up three places from last year,” Mr Joyce says.

“The index cites New Zealand’s ability to turn its wealth into prosperity, ranking us top in how much prosperity a country delivers given its wealth. The top performing countries in that category have open markets, high levels of personal freedom, and strong civil society.

“It also particularly notes our rapidly improving business environment, specifically greater labour market flexibility, better access to business finance, and the expansion of broadband infrastructure.

“This is in line with the Government’s commitment to creating the economic conditions for businesses to prosper and to create more and higher paying jobs for New Zealanders and their families,” Mr Joyce says.

"Our number one ranking is a tribute to the work done by New Zealand companies large and small, the social sector and other government and non-government organisations, to translate New Zealand's natural advantages into real prosperity for all New Zealanders.”

The full index is available here.


ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Madrid Climate Talks: Decade Ending 2019 Likely To Be Hottest On Record

Exceptional global heat driven by greenhouse gas emissions mean this decade will most likely go down as the warmest on record, according to the World Meteorological Organization...

The agency also finds that 2019 is on track to be the second or third warmest year in history, with the global average temperature during January through October, roughly 1.1 degrees Celsius above the pre-industrial era.

“If we do not take urgent climate action now, then we are heading for a temperature increase of more than 3°C by the end of the century, with ever more harmful impacts on human wellbeing.” More>>

 

NZ First Conflicts Of Interest: New Details Around Timeline

New information has emerged showing it was the New Zealand First chief of staff who identified potential conflicts of interest between a forestry company and two senior government ministers, sparking a series of declarations. More>>

Earlier:

Donations:

Five New Cancer Meds In Six Months: Pharmac Funds More Cancer Medicines, Faster Assessment

PHARMAC has confirmed that two new medicines – olaparib for ovarian cancer and fulvestrant for breast cancer – have been approved for funding... Rituximab and bortezomib, which are already funded, have also been approved for widened access following successful commercial proposals from new suppliers. More>>

ALSO:

Gordon Campbell: On Stoking Fears About Cannabis Law Reform

It was always going to be hard to have a rational debate on cannabis reform. Far easier for politicians to win votes by stoking alarm... More>>

ALSO:

Tūhoronuku Mandate Recognition Ends: "New Opportunity" For Ngāpuhi Treaty Negotiations

The Crown is providing an opportunity for the hapu of Ngāpuhi to rebuild its framework from the ground up for collective negotiations to deal with its historical Treaty claims... More>>

ALSO:

Pike River: Next Phase Of Recovery Underway

“Fresh air will be pumped into the Pike River Mine drift this week, following acceptance of the plan for re-entry beyond the 170m barrier by New Zealand’s independent health and safety regulator WorkSafe." More>>

ALSO:

Peters Stoic: Russia On Afghan Firing Range Deaths

The foreign minister won't be calling in the Russian ambassador concerning comments made about New Zealand soldiers in Afghanistan. In a media briefing late last month, Russian Foreign Ministry spokesperson Maria Zakharova said New Zealand must investigate crimes against civilians. More>>

ALSO:

Christchurch Call: Online Crisis Response Workshop In Wellington

Governments and tech companies are holding a two-day workshop, hosted by YouTube/Google in Wellington, to test the Christchurch Call Shared Crisis Response Protocol. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels