On-going reforms have markedly improved New Zealand's macroeconomic
performance and made it one of the most open economies in the world. But
despite relatively strong growth, per capita income growth has not met
the authorities' expectations. Reliance on agricultural exports may be
among the reasons, according to a report on the trade policies and
practices of New Zealand, released May 14 by the WTO Secretariat.
The report notes that in an effort to raise per capita income to the top
half of the OECD's ranking, the Government has introduced a new
proactive policy to assist exporters, encourage innovation and attract
foreign investment and skilled labour. The report also notes, however, a
halt to privatizations and a freeze in the unilateral tariff-reduction
following documents are available in MS Word format.
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Trade Policy Reviews are an exercise, mandated in the WTO agreements,
in which member countries’ trade and related policies are examined and
evaluated at regular intervals. Significant developments that may have
an impact on the global trading system are also monitored. For each
review, two documents are prepared: a policy statement by the
government of the member under review, and a detailed report written
independently by the WTO Secretariat. These two documents are then
discussed by the WTO’s full membership in the Trade Policy Review Body
(TPRB). These documents and the proceedings of the TPRB’s meetings are
published shortly afterwards.
copies of previous TPR publications are available for sale from the
WTO Secretariat, Centre William Rappard, 154 rue de Lausanne, 1211
Genève 21 and through the on-line
TPR publications are also available from our co-publisher Bernan Press, 4611-F Assembly Drive, Lanham, MD 20706-4391, United States.
of forthcoming reviews back to top
Morocco: 16, 18 June 2003
Indonesia: 27, 30 June 2003
Senegal/Niger: 28, 30 July 2003