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Showing posts with label International ranking. Show all posts
Showing posts with label International ranking. Show all posts

Tuesday, June 28, 2022

Point of Order: Oops – our well-being is likely to be bruised as NZ slips down international rankings and we slump on economic performance



For long enough New Zealanders have liked to think they enjoyed one of the highest living standards in the world. More recently those familiar with what is happening in those countries which are leading the world have understood NZ has been slipping down the ladder.

Under a Labour-led government, the slide has accelerated. Now as inflation surges, and recession is looming on the horizon, new questions are being asked about the economic stewardship of the Ardern government.

Has too much been left to the Finance Minister Grant Robertson? How has he done in his fiscal management?. Why is inflation burning so fiercely? What has happened with his concept of “well-being”?