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alition of the Christian Democrats and Christian Heritage Party), coleaders Graeme LEE and Rev. Graham CAPILL International organization participation: ANZUS (US suspended security obligations to NZ on 11 August 1986), APEC, AsDB, Australia Group, C, CCC, CP, EBRD, ESCAP, FAO, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM (observer), ISO, ITU, MTCR, NAM (guest), OECD, PCA, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, UNIDO, UNPREDEP, UNTSO, UPU, WFTU, WHO, WIPO, WMO, WTrO Diplomatic representation in the US: chief of mission: Ambassador-designate James BOLGER chancery: 37 Observatory Circle NW, Washington, DC 20008 telephone: [1] (202) 328-4800 consulate(s) general: Los Angeles, New York Diplomatic representation from the US: chief of mission: Ambassador Josiah Horton BEEMAN embassy: 29 Fitzherbert Terrace, Thorndon, Wellington mailing address: P. O. Box 1190, Wellington; PSC 467, Box 1, FPO AP 96531-1001 telephone: [64] (4) 472-2068 FAX: [64] (4) 472-3537 consulate(s) general: Auckland Flag description: blue with the flag of the UK in the upper hoist-side quadrant with four red five-pointed stars edged in white centered in the outer half of the flag; the stars represent the Southern Cross constellation @New Zealand:Economy Economy-overview: Since 1984 the government has accomplished major economic restructuring, moving an agrarian economy dependent on a concessionary British market access toward a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes, broadened and deepened the technological capabilities of the industrial sector, and contained inflationary pressures. Business confidence strengthened in 1994, and export demand picked up in the Asia-Pacific region, resulting in 6.2% growth. Growth continued strong in 1995, but tailed off in 1996-97. Inflation remains among the lowest in the industrial world. Per capita GDP has been moving up to the levels of the big West European economies. However, the Asian economic crisis may slow GDP growth in 1998. GDP: purchasing power parity-$63.4 billion (1997 est.) GDP-real growth rate: 2.5% (1997 est.) GDP-per capita: purchasing power parity-$17,700 (1997 est.) GDP-composition by sector: agriculture: 7.3% industry: 25.9% services: 66.8% (1990) Inflation rate-consumer price index: 2% (1997 est.) Labor force: total: 1,63
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