New Zealand's distance offers shelter, not economic insulation, Eaqub says
In RNZ's No Stupid Questions excerpt, the economist identifies geopolitics as the biggest risk while pointing to the country's people, land and climate as strengths.
Why this story? One of RNZ's most watched videos since yesterday, with 3,877 views.
What's the biggest risk for the NZ economy right now? | RNZ
New Zealand may be far from international conflicts, but it cannot escape their economic effects, economist Shamubeel Eaqub tells RNZ. Oil prices and a volatile exchange rate are among the ways events overseas reach the country, regardless of decisions made at home.
"I think the biggest risk for New Zealand right now is geopolitics," he says in an excerpt from the No Stupid Questions podcast. His concern centres on international conflicts and unpredictable policies, forces over which New Zealand has little control.
That exposure matters for an economy heavily dependent on international trade. Geographic distance does not disconnect the country from global markets.
The clip drew roughly 3,900 views since yesterday, making it RNZ's most-watched new upload over that period. It pairs the risk assessment with a more optimistic answer about opportunities.
Eaqub points to potential in both New Zealand's people and its landscape, highlighting abundant land and a climate suited to farming. He also sees an advantage in the same isolation that cannot shield its markets: distance from wars, combined with what he describes as a generally inoffensive national character, makes New Zealand a good place to be amid global turmoil.
Published on Trari
Where next?
- Channel
- RNZ
- Subscribers
- 254,000 ▲ 1,000 this week
- Channel views, last 7 days
- 1,838,073
- Channel views, pace per day
- 129,466 (on a normal day: 187,278)
- Video published
- November 11, 2026
- Video views so far
- 4,499 (less than a day online)
- Video views, pace per day
- 3,876
The numbers
The economic interview excerpt led viewing among RNZ's new uploads since yesterday.
💡 Test your knowledge
Which sea separates New Zealand from Australia?
New Zealand lies east of Australia across the Tasman Sea.


