Grow for it - How population policies can can promote economic growth
AbstractNew Zealand struggles to grow its economy partially due to its small size and remote location. There is little that can be done to change location, but the size can be increased over time. It is feasible to adopt a population policy with the aim of the population reaching 15 million in the next 50 years – an annual growth rate of 2.5% per annum. This would bring the size and density of the population to levels closer to more prosperous European countries. Fifteen million – two and a half times current projections – is a good target, too, as it allows for several large cities, fostering competition within New Zealand.
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Bibliographic InfoPaper provided by New Zealand Institute of Economic Research in its series NZIER Working Paper with number 2012/1.
Length: 24 pages
Date of creation: 27 Jan 2012
Date of revision:
population growth; immigration policy; New Zealand; economic growth;
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