New Zealand has an open economy that works on free market principles. Complementing the highly efficient agricultural sector are sizable manufacturing and service sectors. New Zealand has a low-inflation environment with monetary policy managed by an independent central bank charged. Maintaining price stability New Zealand has a long-standing flexible exchange rate. There are no exchange controls or restrictions on bringing in or repatriating funds.
A range of measures have stabilised the situation and New Zealand now enjoys sound macroeconomic foundations. They have a relatively strong fiscal position and a commitment to reduce net debt to 20 per cent of GDP by the early 2020’s and this will make the economy stronger than it is.
Economic Overview of New Zealand
Through the help of this chart above you can understand that the whole economy is more involved within the Business Services Sector, Manufacturing, Wholesale Trade and all the business that involve services, this has made New Zealand flourish exceedingly.
This shows that any students considering or having graduated related to the business services sector or interested in Wholesale trade , manufacturing will have no difficulties in finding jobs or settling down in New Zealand.