Oceania Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! === New Zealand === {{Main|Economy of New Zealand}} New Zealand's [[Economy of New Zealand|economy]] is the [[List of countries by GDP (nominal)|53rd]]-largest in the world measured by [[nominal gross domestic product]] (GDP) and [[List of countries by GDP (PPP)|68th]]-largest in the world measured by [[purchasing power parity]] (PPP). A major economic and cultural powerhouse of the [[Southern Hemisphere]], Auckland is ranked as a Beta+ world city by the [[Globalization and World Cities Research Network]]. Auckland and [[Wellington]] are frequently ranked among the [[world's most liveable cities]], with Auckland being ranked [[Global Liveability Ranking|first in the world]] according to the [[Global Liveability Ranking]].<ref name="businrank" /><ref name="mercer190214" /> [[New Zealand]] has a large GDP for its population of 5.2 million, and sources of revenue are spread throughout the large island nation. The country has one of the most [[globalised]] economies and depends greatly on international trade – mainly with [[Australia]], [[Canada]], [[China]], the [[European Union]], [[Japan]], [[Singapore]], [[South Korea]] and the [[United States]]. New Zealand's 1983 [[Closer Economic Relations]] agreement with Australia means that the economy aligns closely with [[Economy of Australia|that of Australia]]. In 2005, the [[World Bank]] praised New Zealand as the most business-friendly country in the world.<ref name="SALE">{{cite news |last=McCarten |first=Matt |date=14 January 2007 |title=Foreign owners muscle in as New Zealand sells off all its assets |work=[[The New Zealand Herald]] |url=http://www.nzherald.co.nz/section/story.cfm?c_id=280&objectid=10419011 |access-date=30 July 2022 |archive-date=10 December 2019 |archive-url=https://web.archive.org/web/20191210225528/http://www.nzherald.co.nz/section/story.cfm?c_id=280&objectid=10419011 |url-status=live }}</ref><ref name="IHT">{{cite news |date=14 September 2005 |title=New Zealand rated most business-friendly |work=International Herald Tribune |url=http://www.iht.com/articles/2005/09/13/business/biz.php |access-date=30 July 2022 |archive-date=19 December 2005 |archive-url=https://web.archive.org/web/20051219014600/http://www.iht.com/articles/2005/09/13/business/biz.php |url-status=live }}</ref> The economy diversified and by 2008, tourism had become the single biggest generator of foreign exchange.<ref name="diversify">{{cite encyclopedia |title=Page 10 – External diversification after 1966 |encyclopedia=[[Te Ara: The Encyclopedia of New Zealand]] |url=http://www.teara.govt.nz/en/economic-history/page-10 |access-date=9 December 2014 |archive-date=25 October 2014 |archive-url=https://web.archive.org/web/20141025050720/http://www.teara.govt.nz/en/economic-history/page-10 |url-status=live }}</ref> The New Zealand dollar is the 10th-most traded currency in the world.<ref name="BIS">{{cite web |title=Triennial Central Bank Survey, April 2013 |url=http://bis.org/publ/rpfx13fx.pdf |access-date=25 March 2014 |work=Triennial Central Bank Survey |publisher=[[Bank for International Settlements]] |archive-date=27 May 2014 |archive-url=https://web.archive.org/web/20140527135902/http://www.bis.org/publ/rpfx13fx.pdf |url-status=live }} [pg.10 of PDF]</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page