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Government has also passed tougher health and safety laws that businesses should adopt while conducting business activities.
Findings
The findings of this paper reveal that New Zealand is a country that welcomes foreign investment based on the country economic development. While the economic development of the country may not be comparable to the economic development of European countries, Canada or USA, the country has established legal structures that protect foreign investment. Moreover, people in the country enjoy high standard of living compare to some European countries making New Zealander to have high purchasing power parity. While the country might have been affected by the economic recession in 2009 and 2010, the country has...
The present GDP growth trends of New Zealand are 2%. (Department of States, 2011).
Conclusion
The paper provides STEEPL analysis of New Zealand. The paper analyzes the country based on the economic, political, legal, socio-cultural, environmental and legal aspects. The findings reveal that New Zealand is a very good country for foreign investment.
References
Department of States, (2011). New Zealand. U.S. Departments of States.
Link, A.N.(2001). Evaluation of Technology New Zealand. A report for the Ministry of Research, Science & Technology Infometrics Ltd. In association with Decision Research Ltd.
World Bank (2011). New Zealand. World Bank Data.
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