Comment by timwaagh

Your argument about knowledge being lost is probably valid but I am not sure it's convincing. If your research creates results that result in products being sold elsewhere, like say in medicine, that will mean patents and local opportunities for high value export oriented business like pharma companies. Which could bring in much needed foreign currency for the new zealand economy and help boost it's GDP per capita. Which right now in ppp terms is more at the level of Eastern Europe than the west. In other words new zealand has some catch-up to do.