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New Zealand has fifth most educated populace, says OECD study (ENZL, NZT)

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Though not a wealthy country, New Zealand punches above its weight class in education, according to a recent study by the Organisation for Economic Co-operation and Development (OECD). The island nation ranked fifth in the world for being the best educated.

One reason New Zealand ranks so well is the high output from secondary schools. More than 90% of residents graduate from secondary school, which is crucial for the economic success of a country.

New Zealand's population grew 11.88% between 2000 and 2000, but its GDP grew even faster, a bullish sign for a country. Another positive indicator is the New Zealand dollar, which has ascended to almost reserve currency status.

The strong business climate of New Zealand has been detailed in previous articles on www.emergingmoney.com . Investors interested in exploring the market may want to investigate New Zealand Telephone ( NZT , quote) or iShares MSCI New Zealand Investable Market Index Fund ENZL , quote ), the exchange-traded fund for New Zealand stocks. Both are up for 2012.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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