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New Zealand

New Zealand. Population structures and diversity. Climate change. Economic wealth : Is it good enough?. Nothing is sacred: Defining resource use. How we trade. Earthquake central : shocks. Paying for the future: Fiscal responsibility or irresponsibility. A sclerosis of

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New Zealand

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  1. New Zealand Population structures and diversity Climate change Economic wealth : Is it good enough? Nothing is sacred: Defining resource use How we trade Earthquake central: shocks Paying for the future: Fiscal responsibility or irresponsibility A sclerosis of governance or not Knowledge capacity Identity, perception and culture 1

  2. Population Structures and Diversity

  3. Economic Wealth: Is it Good Enough?

  4. Economic Wealth: Is it Good Enough? According Gareth Morgan (2006) New Zealand is on the brink of a retirement tsunami, a tidal wave of ageing baby boomers is about to swamp a dwindling number of taxpayers. Wealth Distribution Per Cohort (2007)

  5. How We Trade Tourism and Agriculture comprise 65% of exports. Trade and Enterprise (2010): Export Composition in 2009 ($58b)

  6. How We Trade Source: Statistics New Zealand (2010)

  7. Paying For the Future Population ageing is important fiscally because 25% of government spending is currently spent on the 12% of the population aged over 65. Population ageing is likely to cause a slowdown in economic growth because of the shift to a relatively smaller working-age population. Government debt as a % of GDP (Source: New Zealand Treasury) 7

  8. Knowledge Capacity Degrees in tourism, performing arts, visual arts, and graphic and design arts earned between 10 and 20 percent less than degrees in humanities.  A tourism degree resulted in 11% more earning compared to non graduates in the same field, compared to the national average of 25% (Scott 2010) Source: OECD

  9. Knowledge Capacity Listen to Futurist Dr Patrick Dixon discuss why consumers won’t wait here and the future of mobile technologies here

  10. Identity Perception and Culture But is this how others see us?

  11. Identity Perception and Culture To many New Zealanders, Rugby is the symbol of national identity - the cornerstone of their conversations, stories, life and culture. Some people might see a New Zealand identity in aspects of New Zealand history or in New Zealand achievements in sporting, artistic or other endeavours, while others might see it through a sense of national characteristics or traits, or through national symbols and icons. Mäori culture may form one aspect of national identity, since it is both unique to New Zealand and a part of our identity in the outside world (Cultural Identity 2009) 11

  12. A sclerosis of governance "There have been numerous attempts since the 1980s to make improvements to regulatory processes. The problem is that politicians have poor incentives; they must get re-elected, and the political cycle is short. Politicians are vulnerable to interest group pressure, and at times invite that pressure by pandering to various interest groups in search of votes. It's unfortunate, but it's a fact of life in a democracy” (Hide 2010)

  13. A sclerosis of governance Great improvements, but also scope for more Innovation! (WEF, 2010)

  14. Nothing is sacred California spends approximately $400 million annually running national parks and beaches. California’s budget deficit is now $24.3 billion and Governor Arnold Schwarzenegger is proposing closure of 220 state parks to reduce this deficit (Young, 2009).

  15. Earthquake Central According to the ‘Its Our Fault’ project the major fault running through Wellington is 50% less likely to rupture than previously thought. New findings show the Wellington fault ruptures every 900 years and last ruptured about 300 years ago. Therefore, a catastrophic earthquake is predicted for 600 years (GNS Science, 2009). Watch the TV programme, Aftershock which simulates an earthquake in Wellington

  16. Climate Change • Its direct effects……… • Shipping reasonably low value goods long distances increasingly unsustainable. • Potential emissions trading regime, bio fuels and energy efficiency. • Increases in temperatures of between 1.8 and 4.0 degrees. • Extreme weather, rising sea levels and changed rainfall patterns. • Higher temperatures in the South may boost primary sector productivity. • Relatively favourable climate may mean NZ becomes a preferred holiday destination (potential to attract talented migrants) • Strengthen competitive position but disrupt global supply chains.

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