New Zealand : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

May 19, 2008

Electronic Access:

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Summary:

This paper assesses the impact of a disruption to capital inflows by examining past episodes of capital inflows in New Zealand and other countries. It also reviews the IMF’s Global Economy Model (GEM), which is used to provide some estimates of the equilibrium relationship between New Zealand’s real effective exchange rate and real commodity prices. The analysis also suggests that permanent changes in non-energy commodity prices can have a significant impact on New Zealand’s equilibrium exchange rate.

Series:

Country Report No. 08/164

Subject:

English

Publication Date:

May 19, 2008

ISBN/ISSN:

9781451973877/1934-7685

Stock No:

1NZLEA2008002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

34

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