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Strong overseas demand has pushed its terms of trade (the price it fetches for its exports, relative to the price it must pay for imports) to a 37-year high (see chart).Looming large in this surplus are dairy products butter, cheese and especially milk powder which accounted for over a quarter of New Zealand's merchandise exports.
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These additional incentives emerge because investing is the means to compete in this surplus-seeking contest.
"There was a huge amount of luck involved in creating this surplus," said June O'Neill, a former director of the Congressional Budget Office, now an economics professor at Baruch College in Manhattan.
The need for consent appears to derive in part from the recommended change in the way in which we regard this surplus tissue (ie from it being considered as 'abandoned' to it being seen as a 'gift'gift
A very cheap option to get along with surplus power in the grid might be the heating of water buffers in heating systems by this surplus energy (power to heat) [93].
This surplus, in some vintages, extends relatively far up the price and quality scales.
Employers apparently took advantage of this surplus in professional, technical and managerial workers by reducing wage offers.
"We have to put first things first and be conservative in how we use this surplus and project our expenditures," Mrs. Clinton said during an economic forum at Columbia University.
The two parties have agreed in recent years that this surplus should go only to debt reduction or to shoring up the retirement system's finances for the baby boom generation.
Abu Dhabi, a producer of oil, can invest only a small portion of this surplus in its tiny economy, already plagued by inflation from aggressive government spending, and as a result has set up a series of investment funds to redeploy these assets overseas.
Rather than invest this surplus in technology that will make us energy independent and increase efficiency, as governor she proposed distribution of this surplus to every individual in the state.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com