Weekly Blog Post - Week 10

Kiwi firms positive outlook

This article talks about the benefits that the Global Financal Crisis had on business.  It argues that the GFC "...put Kiwi businesses through the mill. Most have come out the other side leaner, tighter and more focused."  According to the article, New Zealand businesses are more agile and can more easily adapt to changing market conditions than can business in Europe, the U.S., and Australia.  This is interesting because we have mainly focused on negative effects of the GFC thus far in class, and the article shows how it may have been beneficial in the long run to some.