Before I left the Reserve Bank a couple of months ago I had been working on a paper looking at how New Zealand’s economy had performed relative to those of other advanced economies over the period since 2007. The advanced world as a whole has done pretty badly over that period, but our interest was just in New Zealand’s relative performance. The Bank’s work has not been published, so I’m going to run some of the ideas and material here (drawing, of course, only on publically available material).
One obvious question is who are the relevant comparator countries. The member countries of the EU, of the OECD, and Singapore and Taiwan make a reasonable group. Data are readily available for almost all variables of interest for almost all these countries back to at least the mid-1990s. And around half of these 43 countries have higher GDP per capita than New Zealand…
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Utopia, you are standing in it! 
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