Investor Presentaiton

Conflicting Government Policies • New Zealand is pursuing policies that work in different directions EXAMPLES • Efforts to reduce compliance costs for business • Significant investments in education • Tightening of antitrust laws and enforcement • Efforts to improve risk capital availability • Plans to create R&D grants • Policies to encourage Maori business development • Policies that increase labor market rigidity Weakening of national education standards • Creation of a government- owned bank • Elimination of private pension system • Lack of competitive R&D tax credits • Inconsistent policies suggest the lack of consensus on an economic strategy for New Zealand CAON New Zealand Presentation 08-04-01 CK 16 Copyright 2001 Professor Michael E. Porter

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