Costly investment decisions require improved population forecasts - NZIER Insight 47
25 August 2014
Investing wisely today for the New Zealand of tomorrow requires a detailed understanding of how many people there will be and where we will work and live. Billions of dollars of infrastructure spending are at stake. Yet past estimates of New Zealand’s population, on which these investments are based, have been inaccurate. Users should demand more from their population forecasts. New population forecasting methods can make material improvements to the long-term investment decisions crucial to New Zealand's progress.
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