New Zealand must address persistent productivity stagnation through various strategies, including high-skilled migration, education, AI integration, balancing regulation, and targeted tax policies.
New Zealand faces persistent productivity stagnation, calling for long-term strategies. The government can boost productivity by increasing high-skilled migration, investing in education, integrating AI, balancing regulation, lowering business costs, targeting industrial policies, and carefully designing tax policies. These actions aim to future-proof the workforce, encourage innovation, and support competitive sectors.
June 30, 2024
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