Re:Why isn’t New Zealand richer and more productive?
by monochr on Friday April 18, 2014 @11:40AM
(#7609601)
Not necessarily higher but at least equal to the best. According to its HDI[1] New Zealand is ranked 6th, bellow the USA but above Japan, Switzerland and South Korea.
This is similar to the way that European countries seem to lose out to the US in wages yet when you take into account the time spend on holidays and lack of overtime you see that the gap essentially disappears.
This is similar to the way that European countries seem to lose out to the US in wages yet when you take into account the time spend on holidays and lack of overtime you see that the gap essentially disappears.
[1] http://en.wikipedia.org/wiki/Human_Development_Index