The economic recovery will be "reasonably aggressive" .... Prime Minister. 8 November 2010

Prime Minister John Key is alone on a small raft in the middle of the ocean. He blows desperately at the sail which bears the word 'economy' to try to get the raft moving as a large Australian ship disappears over the horizon in the distance. Text below reads 'The economic recovery will be "reasonably aggressive".... Prime Minister.' Refers to John Key's stated desire to close the economic gap between Australia and New Zealand. The 2025 Taskforce was set up by the New Zealand government after the 2008 election to recommend how the gap between average incomes in Australia and New Zealand could be closed. Incomes of New Zealanders have generally risen less rapidly than those of Australians over the last 40 years, resulting in a gap between average incomes of around 35 percent in recent years. After the 2008 election, the NZ government committed to closing this income gap by 2025. Since the Taskforce presented its first report last year, Philip McCann - an economist with expertise in economic geography - has advanced the view that New Zealand's geographical disadvantages prevent it from becoming a high productivity economy. McCann has implied that structural features that are advantageous in the current era of globalization differ so much from those exhibited by New Zealand that this economy could not reasonably be expected to have relatively high productivity.

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