Personal income in New Zealand at the current stage of economic development

Any socio-economic processes occurring in the country and world have an impact on the standard of living of the population. There are many indicators that determine the standard of living of citizens, among which we can highlight the income of people as the main component of their financial well-bei...

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Main Author: I. V. Mitroshin
Format: Article
Language:English
Published: Publishing House of the State University of Management 2024-11-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/5551
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author I. V. Mitroshin
author_facet I. V. Mitroshin
author_sort I. V. Mitroshin
collection DOAJ
description Any socio-economic processes occurring in the country and world have an impact on the standard of living of the population. There are many indicators that determine the standard of living of citizens, among which we can highlight the income of people as the main component of their financial well-being. In a period of global political and economic upheavals, the relevance of the topic of human quality of life is beyond doubt. During the economic war organised by the West against Russia, the countries participating in this war are of interest. These include New Zealand, although it is clear that due to the distance from Russia and weak economic ties between the countries, there will be no significant mutual influence of the sanctions restrictions. The study has analysed the income of the population of New Zealand over the past 10 to 15 years, considering differentiation by various categories, such as geographical location, qualification, and source of income. The analysis has showed a certain increase in the income and, accordingly, in the standard of living of the country’s population in the period under review. An insignificant impact on this indicator of restrictive measures during the COVID-19 pandemic is revealed, however, with the certain social policy of the state, fluctuations in the income of citizens during this period were hardly noticeable. Their assessment by sources has reflected the significant share of small businesses in the country’s economy, which shows a high degree of liberalisation of the national economy of the state. The analysis of the citizens’ incomes by geographic regions has revealed a significant impact of urbanisation on the standard of living of the New Zealand’s population, which is a global trend.
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spelling doaj-art-12f26ac3a55746f8a850c3097cb743872025-02-04T08:28:22ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152024-11-01099911010.26425/1816-4277-2024-9-99-1103207Personal income in New Zealand at the current stage of economic developmentI. V. Mitroshin0Limited Liability Company “International Business Consulting Group”Any socio-economic processes occurring in the country and world have an impact on the standard of living of the population. There are many indicators that determine the standard of living of citizens, among which we can highlight the income of people as the main component of their financial well-being. In a period of global political and economic upheavals, the relevance of the topic of human quality of life is beyond doubt. During the economic war organised by the West against Russia, the countries participating in this war are of interest. These include New Zealand, although it is clear that due to the distance from Russia and weak economic ties between the countries, there will be no significant mutual influence of the sanctions restrictions. The study has analysed the income of the population of New Zealand over the past 10 to 15 years, considering differentiation by various categories, such as geographical location, qualification, and source of income. The analysis has showed a certain increase in the income and, accordingly, in the standard of living of the country’s population in the period under review. An insignificant impact on this indicator of restrictive measures during the COVID-19 pandemic is revealed, however, with the certain social policy of the state, fluctuations in the income of citizens during this period were hardly noticeable. Their assessment by sources has reflected the significant share of small businesses in the country’s economy, which shows a high degree of liberalisation of the national economy of the state. The analysis of the citizens’ incomes by geographic regions has revealed a significant impact of urbanisation on the standard of living of the New Zealand’s population, which is a global trend.https://vestnik.guu.ru/jour/article/view/5551personal incomehouseholdregions of new zealandpopulation’s living standardpopulation sizetax burdenurbanisation
spellingShingle I. V. Mitroshin
Personal income in New Zealand at the current stage of economic development
Вестник университета
personal income
household
regions of new zealand
population’s living standard
population size
tax burden
urbanisation
title Personal income in New Zealand at the current stage of economic development
title_full Personal income in New Zealand at the current stage of economic development
title_fullStr Personal income in New Zealand at the current stage of economic development
title_full_unstemmed Personal income in New Zealand at the current stage of economic development
title_short Personal income in New Zealand at the current stage of economic development
title_sort personal income in new zealand at the current stage of economic development
topic personal income
household
regions of new zealand
population’s living standard
population size
tax burden
urbanisation
url https://vestnik.guu.ru/jour/article/view/5551
work_keys_str_mv AT ivmitroshin personalincomeinnewzealandatthecurrentstageofeconomicdevelopment