NZ still in the top 20, but only just: IMD
May 17th, 2010May 19 () – Weak capital markets, management skills, and export performance are the biggest factors behind New Zealand’s slide five places down the rankings on the IMD World Competitiveness Index, released tonight, on the eve of the John Key-led government’s second Budget.
But the country scores well on its capacity to weather the storm of debt created in the “old industrialised nations” by the global financial crisis, thanks to relatively low public debt to Gross Domestic Product.
The IMD Swiss business school’s annual survey of businesspeople and policymakers in 54 developed or emerging economies is a widely watched indicator for the quality of country governance and public investment, as well as the investment environment. The survey
When you divert money into a retirement savings account you’re not only planning for your future, but you’re also racking up some tax benefits in the process. The specifics of tax deductions you can obtain on the contribution amounts you make to your retirement savings account depend on the type of retirement account into which you’re making contributions–Individual Retirement Account (IRA) or 401k. Both types of accounts, however, do allow you to take tax deductions in the current tax year.