Shane Jones’ $3 billion Provincial Growth Fund has shone a light on regional economic development. But there are still a lot of misconceptions about what regional economic development is and what projects hope to achieve.
Private sector debt in New Zealand stood at $456bn in March 2019, the equivalent of almost $92,000 for each of our 4,957,400 men, women and children. This article explores the key contributors to this debt, as well as basic rules of thumb to put this debt in context.
Too often economic development practitioners have the places they focus on dictated by political geography rather than the economic geography of those they are trying to help. Before beginning any economic development strategy, or even project for that matter, you need to get your geographical perspective right.