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David Thompson Posted:
So very, very true. It beggars belief that we consider ourselves to be a developed nation when so much of our economy is based on selling milk powder or logs. BTW, I own a Plinius amplifier (my second) that drives a set of Theophany speakers.
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David Thompson Posted:
A robust but sobering report. It concerns me that confidence is rising, yet sales and exports are down and "manufacturers and exporters are still lagging behind other sectors". Surely we should wait until we're earning more money before we start spending more?
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siemens Posted:
Yes true! The only thing that will never die in this world is the nature and its science behind it. Great post.
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Kieran Ormandy Posted:
Thanks for the question Steven, Germany has seen increases in manufacturing employment since 2009, and Switzerland has had stable manufacturing employment between 2006 – 2011, even in the face of ongoing Euro-zone issues. Korea has seen increases in manufacturing employment since 2008 and Israel experienced large increases since 1998, while being stable over the last 4 years. Singapore has had increases in manufacturing employment over the last two years. These countries all value their manufacturing sectors and work to protect them, this is reflected in the above numbers and their performance through the GFC. Note data around the above examples was sourced from OECD labour market stats.
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John Walley Posted:
Point one: you should have no doubt what our Association says publically represent the views of our members. Point two: we don’t knee jerk responses, if you trace back our comments around NZPower you will see them link all the way back to our research in 2004 and 2005. All that material is fully linked from our comments above. Point three: you will note our comments on major users, sadly the same advantage does not accrue to smaller industrial users. The perverse incentives of the LRMC approach in all this are well known. Point four: the NZMEA is not like any other Association in New Zealand we admit only manufacturers and exporters into membership, and our public expressions are the views of that restricted membership.
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3/9/13

Growing Exports


Print-friendly 0 comment(s) Posted in: In the media

The New Zealand Centre for SME Research has released a report “Understanding Internationalisation Behaviour”, which shows the importance of networks and returns to exporters, say the New Zealand Manufacturers and Exporters Association (NZMEA).

NZMEA Chief Executive John Walley says, “The report shows just how much the exchange rate can influence export success once a business has found a way to sell in export markets. Of the top four (See page 9) reasons driving disengagement from export markets, two mention exchange rate explicitly while the other two depend directly on the exchange rate.”

“The issues effecting exporters are well recognised. What we now need is much more bold policy action, to tackle the barriers to exporting. These will be needed to achieve the target of growing exports to 40% of GDP up from around 30% that has been the case for the last decade or so.”

“The suggestion to focus on the service sector only for the second stage misses the point. Services represent a quarter of our exports and there is a major co-dependency between the service sector and the tradable goods sector; growth might best follow a broad based approach.”

“The analysis of the success of Free Trade Agreements (FTA) does miss one important point; technical barriers can be an important issue, particularly for elaborate manufacturers trying to take advantage of FTAs. This is an area our Government and officials have struggled with for some time, specifically with the China FTA.”



tags: exports, manufacturing, internationalisation, exchange rate

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