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May 06, 2021
Hannah Riley

Understanding and valuing Indigenous economies

Case studies for APEC on advancing inclusive economic growth

New Zealand is hosting Asia-Pacific Economic Cooperation (APEC) 2021. In preparation, the Ministry of Foreign Affairs and Trade (MFAT) commissioned BERL to prepare a report on understanding and valuing Indigenous economies. The aim of the report was to support statisticians, researchers and policy makers within the APEC region to understand and value Indigenous economies in their respective economies.

BERL completed a case study on the Māori economy and surveyed participating economies on their data availability for their Indigenous economies. The report found that research and analysis of Indigenous economies generates useful data and information that can provide decision-makers and stakeholders with important insights to inform policy decisions. This information can help improve the opportunities and wellbeing of Indigenous Peoples. The report also highlights, and helps to raise awareness of, the contribution that Indigenous economies make to their wider APEC economies. This heightened awareness can increase economic opportunities and encourage inclusive growth.

This report can be found on the APEC website here.