A Comparative Analysis of Macroeconomic Performance: Australia and NZ

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Added on  2022/11/13

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This report presents a comparative macroeconomic analysis of Australia and New Zealand, evaluating their economic health and performance. The analysis includes a comparison of per capita GDP adjusted for purchasing power parity, revealing the relative stability of Australia's GDP compared to New Zealand's. The impact of the Global Financial Crisis is assessed, showing Australia's stronger recovery. The study examines the relationship between Foreign Direct Investment (FDI) growth and macroeconomic variables such as real GDP growth, inflation, net export growth, and exchange rate growth from 1990 to 2015, finding positive correlations. The report also provides insights into purchasing power parity and offers recommendations to enhance FDI inflow, supported by statistical data and graphical representations. The report concludes with policy implications based on the findings.
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