
IN-HOUSE
Searching the horizon
With all the economic ructions in Europe, just what is in store for New Zealand companies in 2012? Two economists share their thoughts on the global outlook with Craig Sisterson
Well, here we are, the beginning of another year. A time when we naturally look ahead to see what might be on the horizon during the months ahead: what opportunities and what risks will 2012 bring? What might change for us and our businesses?
The global economic waters have certainly been muddied by recent happenings in Europe over the past few months, with Greece, Spain, Portugal, and Ireland all buckling under large debt, and other European nations (and the Euro zone as a whole) facing increasing pressure. But just what does this mean for New Zealand companies? What sort of effect might such tumult have here, half a world away (geographically, at least)? And what, if anything, should New Zealand businesses be doing to adjust their 2012 plans in light of the European crisis? 