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The Political Economy of New Zealand Hemrayev Merdan
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Introduction Capital: Wellington (Auckland is the largest city and the second capital from 1841 till 1965 after Old Russell) Population: 4,963,110 Currency: New Zealand Dollar. (1NZD= 2.40 TMT or 0.68 USD) GDP: 186,4 billion USD (2017) GDP per capita: 42.940,58 USD (2017) Unemployment: 4,5% (2017)
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Executive The Head of State: Elizabeth II (represented by the Governor General offered by the Queen and appointed by PM) Prime Minister: Jacinda Ardern, 37. Formed the coalition with the New Zealand First and the Greens. Jacinda Ardern (PM)Patsy Reddy (Governor General)
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Economy Exports: 79, 823 billion NZ Main exports products: dairy, meat, logs, fruit, wine, fish Main Export Partners: o China: 20% o Australia: 17,6% o EU: 11,5% o US: 10,6% o Japan: 5,3% Imports: 76, 076 billion NZ (Trade Surplus) Main Import products: Vehicles, aircrafts, machinery, petroleum, textiles, plastic and electronics o Main Import Partners: o EU: 18,0% o Australia: 15,9% o China: 15,4% o US: 12% o Japan: 5,3%
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New Zealand’s Agriculture: 5,7% of the GDP 6,64% of the work force, 15% of which: Migrants Main products: dairy, meat, wood, fruit, vegetables, seafood, wheat, barley, and fishing products. New Zealand has thriving wine industry too.
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Industry 21% of the GDP 20,11% of the work force Main industries: Log and Wood articles, food processing, manufacturing, mining, transportation equipment and construction. Natural Resources: Oil and Natural Gas, Coal.
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Service Sector 72,8% of the GDP. 73,35% of the population. Main services: financial services, real estate services, and tourism (one of the main sources of the foreign currency)
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Thank you very much for your attention!
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