Grow for it - How population policies can can promote economic growth

Peter O'Connor, John Stephenson and John Yeabsley
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Peter O'Connor: New Zealand Institute of Economic Research
John Stephenson: New Zealand Institute of Economic Research
John Yeabsley: New Zealand Institute of Economic Research

No 2012/1, NZIER Working Paper from New Zealand Institute of Economic Research

Abstract: New 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.

Keywords: population growth; immigration policy; New Zealand; economic growth (search for similar items in EconPapers)
Pages: 24 pages
Date: 2012-01-27
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Citations: View citations in EconPapers (1)

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