The New Zealand economy has recently been and continues to be re-structured. The government's goals appear to be to move the country towards industrialization and a place in the global economy. Agriculture continues to be the basis of New Zealand's economy, though this is changing as the country industrializes, with increasingly technologically specialized sectors. Its major industries are: “textiles, machinery, manufacturing, transportation equipment… and mining (http://www.asiatravelinfo.com/new%20zealand/overview.asp).” Approximately approximately 4 million people inhabit New Zealand.
[...] Another thing to consider, besides income, in examining the life as a typical college graduate in New Zealand is ethnicity. According to the 2001 census, one in seven New Zealand residents were counted as being in the Maori ethnic group (http://www.stats.govt.nz/domino/external/web/prod_serv.nsf/htmldocs/Census+ snapshot:+Maori). It is important to consider ethnicity because of the rates of poverty that have plagued and continue to plague the Maori population. Evan Poata-Smith writes: destruction of the traditional Maori economy, and the creation of a propertyless class of Maori wage labourers with no direct access to the means of making a livelihood, are the key factors in placing the majority of Maori whanau in the working class, therefore affecting their levels of income, occupational distribution, educational attainment, health, unemployment, and housing (Poata-Smith Although, like women, the Maori population has equal opportunity to achieve economic gain, the differences in actual achievement are striking. [...]
[...] It also reports that: there were 675,087 people aged 12-24 years living in New Zealand, making up just under 1/5 of the total population new immigrants from Asia, Africa, and Eastern Europe, together with growing numbers of [young Maori] and Pacific people, are contributing to an increasingly diverse overall population Presently, there is a deregulating trend in the New Zealand economy, as part of what Jane Kelsey, in her book New Zealand and the Global Economy, terms its “free market revolution We may understand this to be a trend toward free trade and free investment Kelsey states: practice, most countries still actively regulate foreign investment. [...]
[...] Statistics that are concerned with sex and ethnicity help to reveal a more thorough picture of what life is like for New Zealand's youth. Writing in 1997, Poata-Smith states: “Numerous studies confirm that Maori continue to experience: poor educational outcomes, ill-health, and thus lower life expectancy; high rates of imprisonment; low rates of home ownership, and high rates of state dependency (Poata-Smith If you are Maori and in the 20-25 age bracket, then you have a greater chance of being unemployed than if you are white (http://www.stats.govt.nz/domino/external/web/nzstories.nsf/Response/Impacts +of+unemployment). [...]
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