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This note presents selected findings based on the set of well-being indicators published in How's Life? 2015.
Nitrogen run-off from farming and other land uses was threatening to undermine the pristine waters of Lake Taupo – New Zealand’s largest and most iconic lake – and to damage a range of economic and cultural activities. In 2011, the regional government introduced a water quality policy package. This bold policy experiment is unique: it is the only trading programme or market where diffuse sources of pollution operate under a cap.
New Zealand generally performs well in terms of economic and social inclusion. It has high employment rates, and education and health-care systems work well for most.
Ensuring that permanent spending or tax cuts are implemented in a sustainable manner would encourage the strong fiscal position that New Zealand needs to meet potentially large macroeconomic shocks and long-run ageing-related costs.
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At 75%, the employment rate in New Zealand is the third highest among OECD countries and has been only marginally affected by the recent economic crisis.
Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.
New Zealand is a valued development partner for its small island neighbours, delivering aid effectively and using its experience of natural disasters to help manage risks in the region. It complements its development assistance by using liberal trade and employment systems to support poor countries, according to the OECD’s latest Peer Review of New Zealand.
While New Zealand is a comparatively small donor, it boasts an internationally-recognised aid programme with specific understanding of the unique Pacific context. It is seen as a flexible and predictable humanitarian donor.
The New Zealand economy has performed well in recent years, but bottlenecks in housing and urban infrastructure, inequalities in living standards and rising environmental pressures all pose challenges for sustaining robust growth and high levels of well-being over the long term, according to the OECD’s latest Economic Survey of New Zealand.
The New Zealand economy has performed well in recent years, and well-being is high. However, bottlenecks in housing and urban infrastructure, inequalities in living standards, and rising environmental pressures are all challenges to achieving sustainable and inclusive growth.