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New Zealand


 
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Bob Starkgraf

GOVERNMENT

Country name:
conventional long form: none
conventional short form: New Zealand
abbreviation: NZ
Government type:
parliamentary democracy
Capital:
Wellington
Administrative divisions:
16 regions; Auckland, Bay of Plenty, Canterbury, Gisborne, Hawke's Bay, Marlborough, Nelson, Northland, Otago, Southland, Taranaki, Tasman, Waikato, Manawatu-Wanganui, Wellington, West Coast
Dependent areas:
Cook Islands, Niue, Tokelau
Independence:
26 September 1907 (from UK)
National holiday:
Waitangi Day (Treaty of Waitangi established British sovereignty over New Zealand), 6 February (1840)
Constitution:
consists of a series of legal documents, including certain acts of the UK and New Zealand Parliaments and The Constitution Act 1986 which is the principal formal charter
Legal system:
based on English law, with special land legislation and land courts for Maoris; accepts compulsory ICJ jurisdiction, with reservations
Suffrage:
18 years of age; universal
Executive branch:
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Dame Silvia CARTWRIGHT (since 4 April 2001)
head of government: Prime Minister Helen CLARK (since 10 December 1999) and Deputy Prime Minister Michael CULLEN (since NA September 2002)
cabinet: Executive Council appointed by the governor general on the recommendation of the prime minister
elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of a majority coalition is usually appointed prime minister by the governor general; deputy prime minister appointed by the governor general
Legislative branch:
unicameral House of Representatives - commonly called Parliament (120 seats; members elected by popular vote in single-member constituencies to serve three-year terms)
elections: last held 27 July 2002 (next to be held NA 2005)
election results: percent of vote by party - NA%; seats by party - NZLP 52, NP 27, NZFP 13, ACT New Zealand 9, Green Party 9, UF 8, other 2
Judicial branch:
High Court; Court of Appeal
Political parties and leaders:
ACT New Zealand [Richard PREBBLE]; Alliance (a coalition of the New Labor Party, Democratic Party, New Zealand Liberal Party, and Mana Motuhake) [James (Jim) ANDERTON]; Green Party [Jeanette FITZSIMONS and Rod DONALD]; National Party or NP [William (Bill) English]; New Zealand First Party or NZFP [Winston PETERS]; New Zealand Labor Party or NZLP [Helen CLARK]; United Future or UF [leader NA]; United New Zealand or UNZ [Peter DUNNE]
Political pressure groups and leaders:
NA
International organization participation:
ABEDA, ANZUS (US suspended security obligations to NZ on 11 August 1986), APEC, ARF (dialogue partner), AsDB, ASEAN (dialogue partner), Australia Group, C, CCC, CP, EBRD, ESCAP, FAO, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM (observer), ISO, ITU, NAM (guest), NSG, OECD, OPCW, PCA, Sparteca, SPC, SPF, UN, UNAMSIL, UNCTAD, UNESCO, UNIDO, UNMOP, UNTAET, UNTSO, UPU, WFTU, WHO, WIPO, WMO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador L. John WOOD
consulate(s) general: Los Angeles, New York
FAX: [1] (202) 667-5227
telephone: [1] (202) 328-4800
chancery: 37 Observatory Circle NW, Washington, DC 20008
Diplomatic representation from the US:
chief of mission: Ambassador Charles J. SWINDELLS
embassy: 29 Fitzherbert Terrace, Thorndon, Wellington
mailing address: P. O. Box 1190, Wellington; PSC 467, Box 1, FPO AP 96531-1001
telephone: [64] (4) 462-6000
FAX: [64] (4) 478-1701
consulate(s) general: Auckland
Flag description:
blue with the flag of the UK in the upper hoist-side quadrant with four red five-pointed stars edged in white centered in the outer half of the flag; the stars represent the Southern Cross constellation
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ECONOMY

Economy - overview:
Since 1984 the government has accomplished major economic restructuring, transforming New Zealand from an agrarian economy dependent on concessionary British market access to a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes (but left behind many at the bottom of the ladder), broadened and deepened the technological capabilities of the industrial sector, and contained inflationary pressures. While per capita incomes have been rising, however, they remain below the level of the four largest EU economies, and there is some government concern that New Zealand is not closing the gap. New Zealand is heavily dependent on trade - particularly in agricultural products - to drive growth, and it has been affected by the global economic slowdown and the slump in commodity prices. Thus far the New Zealand economy has been relatively resilient, achieving about 3% growth in 2001, but the New Zealand business cycle tends to lag the US cycle by about six months, so the worst of the downturn may not hit until mid-2002.
GDP:
purchasing power parity - $75.4 billion (2001 est.)
GDP - real growth rate:
3.1% (2001 est.)
GDP - per capita:
purchasing power parity - $19,500 (2001 est.)
GDP - composition by sector:
agriculture: 8%
industry: 23%
services: 69% (1999)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: 0%
highest 10%: 30% (1991 est.)
Inflation rate (consumer prices):
2.6% (2001 est.)
Labor force:
1.92 million (2001 est.)
Labor force - by occupation:
services 65%, industry 25%, agriculture 10% (1995) (1995)
Unemployment rate:
5.5% (2001 est.)
Budget:
revenues: $16.7 billion
expenditures: $16.6 billion, including capital expenditures of $NA (FY00/01)
Industries:
food processing, wood and paper products, textiles, machinery, transportation equipment, banking and insurance, tourism, mining
Industrial production growth rate:
3% (2001 est.)
Electricity - production:
35.823 billion kWh (2000)
Electricity - production by source:
fossil fuel: 27%
hydro: 66%
other: 7% (2000)
nuclear: 0%
Electricity - consumption:
33.315 billion kWh (2000)
Electricity - exports:
0 kWh (2000)
Electricity - imports:
0 kWh (2000)
Agriculture - products:
wheat, barley, potatoes, pulses, fruits, vegetables; wool, beef, dairy products; fish
Exports:
$14.2 billion (2001 est.)
Exports - commodities:
dairy products, meat, wood and wood products, fish, machinery
Exports - partners:
Australia 20.4%, US 14.5%, Japan 13.5%, UK 5.4%, South Korea, China (2000)
Imports:
$12.5 billion (2001 est.)
Imports - commodities:
machinery and equipment, vehicles and aircraft, petroleum, electronics, textiles, plastics
Imports - partners:
Australia 22.5%, US 17.5%, Japan 11%, UK 4%, China, Germany (2000)
Debt - external:
$31.1 billion (2001 est.)
Economic aid - donor:
ODA, $99.7 million (FY00/01)
Currency:
New Zealand dollar (NZD)
Currency code:
NZD
Exchange rates:
New Zealand dollars per US dollar - 2.3535 (January 2002), 2.3776 (2001), 2.1863 (2000), 1.8886 (1999), 1.8632 (1998), 1.5083 (1997)
Fiscal year:
1 July - 30 June
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