Half the world's population lives inside this circle. http://t.co/XlTeEsTZkn—
Weird Science (@weird_sci) October 17, 2015
Utopia, you are standing in it!
Distance is common in many discussions of the relative growth performance of New Zealand. New Zealand is said to be small and remote and poorer for it. The figure below from a Productivity Commission report is an example.

The Productivity Commission put it this way:
New Zealand firms face reduced access to large markets and limited participation in global value chains, where the transfer of advanced technologies now often occurs.
Indeed, global value chains – which can require intensive interaction and just-in-time delivery across borders – may have worsened the impact of New Zealand’s geographic isolation on trade in goods.
The Commission continues on to say that:
These limits on trade and the diffusion of new ideas into New Zealand may explain as much as 15 percentage points of the 27% productivity gap between New Zealand and the average of 20 OECD countries.
This 15 per cent claim is…
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