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Research Note NIIP Final Cover with outline

The mystery of the $52 billion gift: Does New Zealand have a fairy godmother?

This research note questions how New Zealand has managed to sustain its large and growing current account deficits with the rest of the world without seeing a corresponding deterioration in its net international investment position (NIIP). It highlights that while New Zealand has been spending more overseas than it earns, the country’s liabilities to the rest of the world have not increased nearly as much as one would expect. Read more

Dr Bryce Wilkinson ONZM
Research Note
14 March, 2024
NIIP website thumbnail

Media Release: The Mystery of the $52 Billion Gift: Does New Zealand have a fairy godmother?

Wellington (Thursday, 14 March 2024) - A new research note by The New Zealand Initiative is questioning how New Zealand has managed to sustain its large and growing current account deficits with the rest of the world without seeing a corresponding deterioration in its net international investment position (NIIP). The research note, “The Mystery of the $52 Billion Gift: Does New Zealand have a fairy godmother?” highlights that while New Zealand has been spending more overseas than it earns, the country’s liabilities to the rest of the world have not increased nearly as much as one would expect. Read more

Dr Bryce Wilkinson ONZM
14 March, 2024
A year of new beginnings Episode Website v2

Podcast: 2023: A year of new beginnings

In our final episode of the year, Oliver and Michael discuss how things are sitting now in NZ with a new government, the challenges they're facing, some of the early decisions they've made and what the prospects are for the new year. To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more

Dr Oliver Hartwich
Dr Michael Johnston
15 December, 2023

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