For a number of years, New Zealand has topped the Legatum Prosperity Index™ largely in part due to its high scores for its open economy and strong social capital. Our latest paper written by the Prosperity Index team and commissioned by the Chartered Accountants of Australia and New Zealand, looks at what New Zealand needs to do in order to ensure it continues delivering high living standards for all New Zealanders.
“New Zealand should be proud of the way it currently delivers and secures prosperity for Kiwis,” says Stephen Brien Senior Fellow at the Legatum Institute. “However, maintaining and furthering that prosperity in the future will depend on the depth and breadth of the nation’s human capital.
“To achieve ongoing prosperity, New Zealand must ensure as many people as possible are equipped with the required skills, and have the opportunity, to contribute to society. This will benefit not only the economy, but also the wellbeing of individuals and the communities they live in.”
Read the report here.