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Why Is New Zealand the Most Prosperous Country on Earth? – VisualPolitik EN

Why Is New Zealand the Most Prosperous Country on Earth? – VisualPolitik EN


Have you ever asked yourself which is the
best country to live in? Well, when we want to know which country that
is, we usually tend to take a look at the countries GDP. But… however important and relevant this
indicator might be, it has certain… limitations. See, this statistic is too wide and can hide
the influence of bubbles, the actions of dishonest politicians, and more complex issues like
accounting for the online economy… It is true, though, that wealth and comfort
are closely related to the GDP. But it is not an exact correlation. Let me explain: we could be analysing a country
with a per capita GDP higher than another, but the latter could have a better welfare
despite having a lower GDP. And there are other factors as well that are
not strictly economic but also affect the social wellbeing of people, such as security
or freedom. Alright, so now I know what some of you are
thinking… Don’t all these things result in a wealthier
country, with a higher GDP? Well, yes, probably, but it usually takes
a while before any of this can be seen in terms of numbers and statistics. For instance, Kuwait’s GDP per capita might
be higher than in Germany, however, when given the choice, I’d probably prefer to live
in the latter… It is also more likely that Germany will do
more complex and high-added value activities like creating patents and innovative companies…
at least in the long run. In other words: Kuwait might be richer but,
at the same time, Germany might be taking better advantage of its wealth in order to
produce welfare, sustainable wealth, technology and knowledge. Seems a pretty sensible decision, right? Well, that is why there are new indicators
to try to make a more accurate approximation so we can work out the prosperity and comfort
of different nations. One of them is the famous Legatum Prosperity
Index… “National success is about far more than
just GDP. It is about a healthy and happy life, a good
education for our children, a clean and protected environment, family and communities we can
rely on, a safe place to live, opportunities to start a business or get ahead, and the
freedom to be who we want to be. This is true prosperity. Legatum Institute”. And, do you know what? According to the latest rankings, the most
prosperous country on Earth is… New Zealand! THE MOST PROSPEROUS COUNTRY To try to get a deeper knowledge of the prosperity
of a country, beyond the GDP, the Legatum Prosperity Index considers tons of different
factors: economics, business, civil liberties, government, education, environment… Well, every aspect that accounts for quality
of life in a country. So, in the latest ranking, the result was
clear: nowadays New Zealand, the land of kiwi, is the most prosperous country on the planet. And honestly, it wasn’t a surprise at all. New Zealand has taken first place six times
in the last ten years. Not bad, right? And now you might be wondering: Which are
the countries New Zealand is competing with to win the crown of the best country on Earth? Well, you won’t be surprised… At the top of the list we can find countries
like Norway, Finland, Switzerland, Canada or Australia. It’s tough competition! I should mention that we are soon going to
explain on this channel show this country achieved all of this after so much crisis. So you know, if you want to know more, do
not forget to subscribe! But, let’s move on… If you think New Zealand is ranked number
one for just this indicator, you couldn’t be more wrong… If we consider the Doing Business ranking,
for instance (a ranking that classifies countries according to how easy it is to set up a company
and do business) we can see that New Zealand is also in the number one spot in the latest
ranking. “New Zealand Dethrones Singapore as Easiest
Place to Do Business” If we use the Index of Economic Freedom from
the Heritage Foundation, we will see New Zealand in third position, right after Singapore and
Hong Kong… If we use the ranking of the Fraser Institute
(a ranking that considers both economic and civil freedom) New Zealand is also in the
top 3, just behind Hong Kong and Switzerland. And if this is not enough for you and you
want more specific information, I can also tell you that New Zealand is the least corrupt
country on Earth according to Transparency International. A position it shares with Denmark. Yep, unlike other countries we happen to know
well… it is very uncommon for this country’s government to have their hands in the till… Furthermore, this is also one of the safest
countries in the world, one of the most environmentally friendly, and it also has the All Blacks,
the best national rugby team in the planet! But let’s stop talking about rankings because
we could go on forever… They do seem to make one thing clear, and
that is that on paper New Zealand sure does look like one of the best places in the world
to live… By the way, jere is a surprising fact about
Aotearoa (as it is said in Maori – which is an official language there). They are really proud of the Maori culture
and the integration of these polynesian people the British found when they arrived on these
islands. It is true, no matter where you go, the Maori
culture is present. Okay, so moving on… on the 23rd of September
2017, elections took place in this country. A RECORD ELECTION The first thing we need to remember is that
New Zealand is a constitutional monarchy. That´s right: Elizabeth II is still the queen
of this country. But it is just a symbolic position. In New Zealand the government is elected by
the parliament and the term lasts three years. Further, when New Zealanders go to vote, they
have to vote twice: One of the votes goes to a single candidate
from one political party. This will will complete a part of the parliament
– the other will go to an MP who will represent their district. So, as we said, on the 23rd of September New
Zealand held an election and it was a clear victory for the National Party of Bill English. Bill English already was, by the way, the
Prime Minister since the resignation of John Key in December 2016… We are also going to talk about this former
prime minister some day. So, this new victory for the National Party
was historical in a way. And it was for two reasons: first: because
never before had this party got so many votes in an election. And second: because if the new government
is confirmed, the National Party will have been in power since 2008, the longest period
in office for a party in New Zealand for more than 50 years
And truth be told, there are plenty of reasons why Bill English won: As we have seen, the country is in great shape. In fact it is going through one of its best
moments in history. The economy is growing well, employment is
higher than the OECD average, and unemployment is scarce. Plus they also have healthy public finances. “During Mr English’s eight years as finance
minister unemployment fell, the budget returned to a surplus and New Zealand enjoyed one of
the highest growth rates in the developed world”
The National Party’s intentions to continue with the politics they have carried out since
2008: More trade, a balanced budget, and also to
keep also the immigration rates higher than ever. This has been a very important aspect of their
political campaign. I mean, if it ain’t broke don’t fix it! “181,000 jobs have been created in the last
two years, and the average annual wage is up $13,000 under National. Someone working on the minimum wage has seen
their annual income go up $8,000 since 2008.” Despite this all, the campaign hasn’t been
as comfortable as some expected… After all, even in the most prosperous country
there are challenges and unsolved issues. JACINDMANIA AND CHALLENGES When Jacinda Ardern was elected leader of
the Labour Party, the Party wasn’t exactly going through it’s best moment. In the elections of 2014, the Labour Party
barely got the 25% of the vote – about half the votes of John Key’s National Party… However, shortly after they chose a new leader
who was only 37 years old, and things started to change… The press called it “Jacindmania”. Two things have been the keys of Jacinda´s
campaign: housing and immigration. You see, one of the problems in New Zealand
is the price of houses, something that has skyrocketed in the few last years. Here, the price of housing has increased much
more than in Australia, Canada, or the United States. “New Zealand tops world house price increase” But why is the price of housing growing so
much? Well, for several reasons, but there are 3
main ones causes: First: Economy and salaries are increasing
a lot in New Zealand. Second: Immigration rates are higher than
ever. This is one of the countries that receives
more immigrants every year (relative to their population, of course). And more immigrants means a greater demand
for housing. And third: because many millionaires and investors,
especially from Asia, but also from other parts of the world, want to buy houses here
to but their money in a safe place… and also to enjoy the country! One example of these people would be Jack
Ma, the CEO of Alibaba. The National Party wanted to tackle this issue
by making construction easy and fast; The Labour Party of Jacinda Ardern came up with
two suggestions: first, reducing the number of immigrants by half, and second, prevent
foreign investors from buying houses in New Zealand… It was this speech on housing and immigration
that revived the support of the party, and the polls seemed to indicate, at times, a
very close race… But once the elections arrived, the kiwis,
they didn’t hesitate… Let´s be clear: New Zealand is a great country. It has some obstacles to overcome: housing,
improving Maori integration, and working on its technical education, but these in the
grand scheme are small problems. We are going to discuss this all in a future
video, but for now, New Zealanders enjoy one of the best living standards in the world. Anyway, now it is your turn: Would you like
to spend some time in New Zealand? Leave your answers in the comments below! Don’t forget to subscribe to our channel
for brand new videos every Monday and Thursday. Also, don’t forget to check out our friends
at the Reconsider Media Podcast – they provided the vocals in this episode that were not mine! And as always, thanks for watching!

100 comments on “Why Is New Zealand the Most Prosperous Country on Earth? – VisualPolitik EN

  1. That's not what I was told when I visited NZ (I'm Australian). Many need to have two jobs because there's not enough work to make enough money sticking to just one. And, of course, there's the exodus of workers from New Zealand to Australia because there's not enough work in their own country. I was told this from New Zealanders.

  2. Honestly I considered moving to New Zealand for a while until I learned they have extremely high levels of skin cancer.

    The ozone layer is thin and they have tons of UV rays. I read 1 out of 3 or 1 out of 5 (i forget) get skin cancer… Nothing is worth that.

  3. This is BS. why do they all come over here, the OK ones tell us that NZ is in a bad why. I know we are doing better that NZ. I do know if i will beleave your show from now on.

  4. Ha! Didn't have to watch the video, but any Kiwi that wants a better job can come and work in Australia, be covered by our public health and welfare, and go home whenever they like. This is not a beat up, it's just if you're hard working there and without a job it's a great option. Oz basically tops up the NZ economy in this way.

  5. who let this fuckwit in front of a camera not only has he no clue what GDP is he hasnt a clue who won the 2017 election

  6. I’m from Australia and we have some really stupid politicians that revel in faction fighting.
    Australia has resources to waste but NZ is smarter.
    They are a smaller country and have to get things right every time, it can’t afford to blow resources like Australia does.

  7. Lets put the record straight NZ is a third world country that survives on tourism,massively in debt with a horrendous housing and rental shortage. It is the most expensive country in the world to live with the highest taxes and lowest income, their health system is in taters along with its education system,food prices are the most expensive in the western world, the crime rate is horrendous, as is the drugs issues, they have the highest suicide rate in the world per population that surly must tell you something is desperately wrong with equation of life. they have the highest abortion rate and obesity rate per population in the world, many people are sleeping in cars or substandard conditions. All these things government keep a low profile on as it fools the world for tourism's sake

  8. Im from New Zealand and the only thing needed to improve on is pronounciation of maori words. Please search them and find how they are said before saying them. Cheers

  9. 200,000 living in poverty, 40,000 homeless, prisons full and high crime rates, poor infrastructure, lousy health care system. Low wages, high food housing costs. Its a nice place to visit but a lot of people are struggling to live there.

  10. I am from Brazil, I'm still waiting for a miracle that some day I can afford buy my own house. This is a dream of my life.

  11. Is this some sort of joke ?? NZ prosperous lol ha ha it has the highest homelessness rate in the OECD , I lived in NZ for 23 years I’m Australian born. I now live in Australia again and NZ is an oppressed economic shithole

  12. How much is the wage now in NZ ?I moved to Australia I am Australian born ha ha NZis a shithole financially I invest in the sharemarket and American stock market , NZ sharemarket honestly the rest of the world doesn’t give a fuck about it don’t even register as anything worthy . and a 40 hour work week minimum wage pays as much as the pension in Australia , I worked for BP oil in NZ 40 hour week $340 moved to NZ got a disability pension $400 plus a week 10 years ago , I get far more now than NZ could ever pay . NZ prosperous fucking fools are in dreamland

  13. Some of the least affordable housing in the world. And yeah, National didn`t win and immigration was a big election issue.

  14. We do have our issues – as does everyone! But what I LOVE about being a kiwi is that opportunity is EVERYWHERE. The sad thing that we have a welfare system that looks after people who don't want to work; it's not meant for people to choose as a lifestyle and plenty of people on welfare do want to get a job or have legitimate reasons for needing help, but too many others see it as an option.

    I can't recount the amount of young people I met when I was younger who said they planned to go on the 'dole' (what we call the unemployment benefit) once they left school. We also get paid to have children. I had a friend who quit working because she got more money to stay at home with her son, which of course she took. Again, some people really need that help but the system is set up so that it takes away peoples motivation, which leaves a smaller number of people in the workforce paying tax into these schemes.

    This makes kiwi's really angry at each other and has lots of us calling our country 'communist' – it's not, but the similarities are noticeable. It would be better to make education free (which is isn't even though it is supposed to be) and put our tax money into educating more people. Because that is why we have an immigration issue! We have so many skill shortages (from kiwis choosing to go on a benefit instead of training for a career) that we have to import skilled migrant workers just to keep the economy going – and even then we cannot import enough of them!

    We don't have enough infrastructure to house everyone and because our tax system is set up badly – with billions of kiwi dollars being wasted in places and on people who really don't need it – more people invest in property – which is tax-free – instead of business, meaning our economies are slow and therefore wages stay stagnant whilst living costs go up.

    The other HUGE problem we have is that our country is filthy, getting filthier, and successive governments have chosen to ignore the problems. This summer (2019) 97% of our public waterways are unsafe for swimming. There are many reasons and people always blame each other or blame things that would have other terrible consequences if we stopped them (like our dairy industry pollutes a lot, but if we stopped it our economy would collapse and we'd be a nation of hungry homeless people). The real problem is lack of management from our governments, and it's yet to be seriously addressed, so things are getting worse. For example, when National were in power, instead of working to improve our water quality they simple changed the official measurements of what 'unsafe' water was, allowing for higher rates of contamination. That is literally all they did to 'solve' that issue.

    We do have a heap going for us: we've got plenty of room for improvement, and a heap of opportunities for people who want to even half try to succeed. Housing is only unaffordable in major city centres, most of the smaller towns still have homes for under $200k (I'm living in one right now) and with good paying jobs available online it's not hard to retrain, move to small town, buy land and pay it off fast. It's just not many people have cottoned on to that idea yet. Like most countries, many of us would rather just try and be like the states, full of consumerism and self righteousness about what our rights should be and what we should be entitled to. I love it here and every country has it's issues; I think enough people care about this country – we're all immigrants here after all, there is no indigenous people and we all came here for a better life – and we'll make things better with sheer hard work.

  15. Wow. Did you ever get this wrong. The National Party pretty much screwed NZ for nine long years, and thus, they got booted out of government in the 2017 election, as they deserved. Now we have a stable, liberal government who legislates for the people instead of propping up businesses and the one percent. Time for an edit, eh???

  16. Im from New Zealand. And I can say with absolute certainty that this is NOT true. This video should actually be taken down if you want to keep your credibility. Seriously, what a joke

  17. NZ is just too small in every sense of the word. They think small and PC socialism is a huge festering problem. For example the PC police baned a young Canadian speaker Loren Southern from a public talk, labeling her 'far right' (which she is not), that's some Nazi communists stuff.. Could not believe it!
    Yes I'm a kiwi. We have many problems. Don't be fooled.

  18. I'm european, visited 30+ countries, lived in Australia for 3 1/2 years and moved to Nz 3 months ago. The views of this video are clearly ACADEMIC.

  19. New Zealand is not the ‘least corrupt country’. It only gets scored as that because we have no measurement of corruption here. Lol, easy to say no corruption when we don’t measure it!!

  20. A Year later & Jacinda mania has gone Global, The darling of Davos, applauded by the UN
    Australian media ask if they can adopt her, as they did with Split Enz and Russel Crowe, a BBC host asked if she would like to come & run the UK please……media stars are calling her the Anti-trump-a truthful compassionate leader, your national party Bias just looks Limp and wide of the mark.

  21. Jacinda Adern is a closet Communist, already she's trying to introduce a capital gains tax..do be beguiled by her youth or smile…she's a Venus flytrap on two legs. NZ is a great country though and friendly locals.

  22. Ya fn wrong on so much…… anyway we don’t need to be jerked off as being “the best”… we’re just lucky to be born here… plenty of great people in other great countries…. sounds like you read a brochure n then made this vid…

  23. Regardless of how accurate the information of the video is, I suggest those who do not think NZ is one of the best countries to live in (most are New Zealanders) to try to live in Argentina. It just frustrating. We still have 95% of people thinking that free market economy is not the right path. That much fucked up this country is. Anyway, congratulations for making your country an excellent place to live in. Respect form my part.

  24. After watching this video, I went to my large US printed wall map of the world and looked for New Zealand. The world ended at Australia. No New Zealand!

    So it's true that New Zealand is just a conspiracy of the long defunct British Colonial Office. Queen Victoria directed them to create the impossible. The colonists and locally must get along so creat an All Black rugby team. Have a dudicial system so good that the Austrailians would try to send their criminals there. The only part the conspirators got wrong is they forgot to clarify how New Zealand sheep should be used. Unlike the humain practices in the Middle East and Austrailia, the New Zealanders only eat their mutton and lamb.

    And their cricketers aren't as tough as the Ausies. Only an Ausie cricketer will rub his balls with sandpaper.

  25. well you got that wrong lousy research because english lost dismally and jacinda won!!!!! also that wasnt the abs it was the nz sevens – get it right mate

  26. NOPE NEW ZEALAND IS AN AWFULL NATION WHERE EVERYONE GETS TORTURED FOR DOING ANYTHING AND THERE IS A 90% TAX ON EVERYTHING AND… A TINY HOME COSTS 27MILLION ROLLERS NEVER COME HERE IT IS HELL

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  30. You really have to give it to the Kiwis because for a whole country with less people than the population of Sydney they always punch above their weight in everything they do & not just sports. Australia needs to look & learn because they seem to have that perfect blend of innervation & old world charm combined so I'm not surprised so many Aussies are heading over, & they don't have to leave anymore because the whole world wants to come to them.

  31. is the long term skill list just exists to attract International students? or really exist??… because i planned to do PG. Dip Environmental Sci. in NZ bcos to get a job there… is it really worthy to do… bcos course fees and all naa its very expensive for International students…

    and 16.5 is the min. wage for unskilled worker is ok… but if am doing some job in Env. field… how much they will give…
    and the working hrs are only 8 hrs per week?
    and every Sat and Sun or weekly 2 days off is mandatory or not?

    everythng am searching in google showss appropriate bcos am in India
    here, everythng in Internet statistics and comments provided by website is fake
    and its not pratically exist

    so

    Kindly, answer me

  32. What a load of bullshit. If NZ is such prosperous country, why is there more than half a million of them living in Australia?

  33. AR-15 556NATO,16" with Hera arms
    A man killed so many people with this lethal weapon in New Zealand.. He was changing magazines quickly and recall of shooting was well managed as well… Is it a natural talent or well trained person?? Question is from where he got this training?? Videogames can not teach you these techniques…
    You said this is the best country? Where is security???? Its a big question mark on NZ face.

  34. It might be now. But when Muslims take over and they will do and you will bend over backwards for them enjoy

  35. Not perfect but damn i love my home…..it is a shame that Bill wasnt keeping his job, his policies were great enough to take the Nats 1st by party votes if not becoz that NZ First oldman. Whatever u think bout Nats, Key, n English, you gotta say they were relatively good at managing the economy, growth, budgeting, and real policies.

  36. Why is New Zealand mentioned? NZ has a pretty abysmal social welfare system. A gunman literally turned up at a welfare office, shot and killed 3 employees – his reason: frustration at being denied welfare that he would have been entitled to if the system was more for the people. I don't agree with his method of needless killing or his motive, I do think his frustrations were real.

  37. I live in new Zealand im 17 i just want to say there are many good things about nz but there are many more bad things about us which is why i am migrating to the u.s asap

  38. Its not ,pure BS ,why do they all move to Australia to get a job ? and the coconuts from the islands, move to NZ ,so they can then move to Australia to get a job

  39. Mr Visual Politic… you don't live here… you no f33k all … MR think you know it all.. C33T!Q!! …. NZ and its liberties are under attack from the LEFT WING TOTALITARIAN GOVT of Labour who are succeeding in destroying the liberties our forefathers fought for . AND MSM brainwashes the people all the time and the communists control the education system

  40. Urban housing is never cheap. If you own a business outside New Zealand, or own foreign mutual funds, New Zealand will tax these hard, even if you spend most of the year outside of the country. If you own a house or a car in New Zealand, you will have to pay NZ income tax, even if you never live there. Australia is much, much kinder to rich foreigners who want to live there.
    There are 4 political parties that matter: National (who are like the pre-Thatcher Tories), Labour (like pre-Corbyn Labour in the UK), Greens (not all that radical), and New Zealand First (a bit like Trump but led by a pragmatist).
    The public health system is chronically stressed. There are waiting lists and refusals to treat. NZ refuses to import a number of state of the art drugs because of cost. 38% of Kiwis have health insurance.
    The education system is not all that good. There is not a single elite university in the country.

  41. New zealand is best place to livein
    You provide really good facts about newzealand
    But i want to more about immigration
    What are the new rules in 2019 for international students
    Please make detailed video on this

  42. Hi…you scared me with your report…reduce by half(immigrants). I have not even landed yet😫i am a technical trainer…hope there is an oppertunity for me..thx for being honest….great report!

  43. Families living in cars and working class people unable to afford a deposit on thier own home. What a crock of shit the title to this video is.

  44. Lol! NZ economy literally borders on 3rd world! If wasn't for the rest of the Commonwealth propping it up they would surely be fcked! What a load of BS!
    Typical delusional kiwis!😂

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