The Development of New Zealand and its Relationship with the ...
The Development of New Zealand and its Relationship with the ...
The Development of New Zealand and its Relationship with the ...
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NZ’s CHALLENGES in Globalisation1’Globalisation diminishes/removes importance <strong>of</strong> geography’<strong>New</strong> <strong>Zeal<strong>and</strong></strong> is <strong>the</strong> world’s most remote OECD country.Economic Geography <strong>The</strong>ory:’Negative relationship between distance from globalcentres <strong>of</strong> economic activity <strong>and</strong> economic benef<strong>its</strong>’Economic Costs <strong>of</strong> Distance: i.e. access information, technologicalspillovers, transportation, relationship building, etc.