[asia-apec 967] Re: Apec

[Gatt Watchdog]

>From w.rosenberg at cantva.canterbury.ac.nz  Sat Dec 12 17:38:24 1998
Received: by corso.ch.planet.gen.nz (1.65/waf)
	via UUCP; Sat, 12 Dec 98 17:56:06 +1200
	for gattwd
Received: from cantva.canterbury.ac.nz (SYSTEM at cantva.canterbury.ac.nz [132.181.30.3])
	by tofu.ch.planet.gen.nz (8.8.5/8.8.5) with ESMTP id RAA07284
	for <gattwd at corso.ch.planet.gen.nz>; Sat, 12 Dec 1998 17:38:24 +1300 (NZDT)
Received: from billr ("port 1403"@bill.csc.canterbury.ac.nz [132.181.30.84])
 by csc.canterbury.ac.nz (PMDF V5.2-27 #32514)
 with SMTP id <01J59C019Q64AAW17O at csc.canterbury.ac.nz> for
 gattwd at corso.ch.planet.gen.nz; Sat,
 12 Dec 1998 17:47:53 +1300 (NEW ZEALAND DAYLIGHT TIME)
Date: Sat, 12 Dec 1998 17:46:13 +1100
From: Bill Rosenberg <w.rosenberg at cantva.canterbury.ac.nz>
Subject: Apec
To: gattwd at corso.ch.planet.gen.nz
Reply-to: w.rosenberg at cantva.canterbury.ac.nz
Message-id: <01J59C01ATJYAAW17O at csc.canterbury.ac.nz>
Organization: Computer Services Centre, Canterbury Univer
MIME-version: 1.0
X-Mailer: Pegasus Mail for Win32 (v2.54)
Content-type: text/plain; charset=US-ASCII
Content-transfer-encoding: 7BIT
Priority: normal
Comments: Authenticated sender is <cctr184 at pophost.canterbury.ac.nz>

Aziz

Just picked this up from the NZ Herald Web site and thought you may 
not have seen it.

Cheers

Bill




News

03/12/98 Apec bonanza looks unlikely

Hosting next year's Apec summit is not likely to be a big
money-spinner for a sluggish New Zealand economy. An analysis by
economic consultants Infometrics cautiously suggests the
international bunfight might inject only $27 million into the local
economy. That is despite the Government diverting $44.5 million of its
spending into the cost of hosting the Asia-Pacific Economic
Co-operation forum, which ends with next September's leaders' summit
in Auckland.

The Infometrics figure is more downbeat than other assessments
trumpeted by the Government and related bodies. It is much lower, for
example, than the $64 million that the Tourism Board initially
predicted would go directly into the New Zealand economy. The
Infometrics study - done by Dr Adolf Stroombergen and released
yes-terday - was commissioned by the Ministry of Foreign Affairs'
special Apec taskforce and the Tourism Board. 

Copyright c New Zealand Herald