Curriculum New Zealand's Economy
New Zealand's Economy
How a small, remote country earns its living: dairy and Fonterra, the radical 1984 reforms, inflation targeting's invention, lamb and kiwifruit exports, tourism, a housing crisis, Māori economy and Treaty settlements, the wellbeing budget, and a recap.
- New Zealand at a Glance An overview of New Zealand, a remote country of about 5 million people that relies on farm exports, tourism and services, and its key economic features. 📄 Read-aloud
- Dairy and Fonterra How New Zealand became the world's largest dairy exporter, the farmer-owned cooperative Fonterra formed in 2001, and the environmental costs of intensive dairying. 📄 Read-aloud
- Rogernomics: The 1984 Reforms How New Zealand went from one of the most regulated rich economies to one of the most open after 1984, through reforms led by finance minister Roger Douglas. 📄 Read-aloud
- Inventing Inflation Targeting How New Zealand's Reserve Bank Act of 1989 made it the first country to adopt formal inflation targeting, an idea later copied worldwide, including by India. 📄 Read-aloud
- Lamb, Wool and Kiwifruit How New Zealand's lamb and wool exports declined as Britain joined Europe, and how it rebranded the Chinese gooseberry as kiwifruit and built Zespri. 📄 Read-aloud
- Tourism and Film How New Zealand's landscapes, boosted by the Lord of the Rings films, attract tourists, and the pressures of overtourism and the pandemic border closure. 📄 Read-aloud
- New Zealand's Economy: Checkpoint 1 Quick checkpoint - five questions on New Zealand's economy, dairy, Rogernomics, inflation targeting and exports. 5 questions
- New Zealand's Housing Crisis Why New Zealand house prices rose to among the least affordable in the world, the policy responses like a foreign buyer ban in 2018, and Auckland's upzoning. 📄 Read-aloud
- The Māori Economy and Treaty Settlements How the Treaty of Waitangi of 1840 underpins Māori claims, how Treaty settlements returned assets to iwi, and the growing Māori economy. 📄 Read-aloud
- The Wellbeing Budget How New Zealand's 2019 Wellbeing Budget tried to measure success beyond GDP, prioritising mental health and child poverty, and debates over its impact. 📄 Read-aloud
- Climate Policy and the Emissions Trading Scheme How New Zealand runs an emissions trading scheme since 2008, why agriculture's methane makes its emissions profile unusual, and debates over pricing farm emissions. 📄 Read-aloud
- Ties With Australia How New Zealand and Australia share a close economic relationship through the 1983 Closer Economic Relations agreement, free movement of people and banks. 📄 Read-aloud
- New Zealand's Economy: Recap A recap of New Zealand's economy and its innovations in policy. 📄 Read-aloud