Why economics matters for SMEs
WHEN LOOKING at New Zealand news from afar it is often superficial and for the SME sector devoid of information and data that can assist in business development or success. However, there are some underlying issues that are remarkably like the UK’s and are very much frustrating prosperity.
The key issues for both countries are low wages, very low levels of productivity, huge underinvestment in infrastructure and an addiction to debt.
Economists refer to these issues as
