New Zealand: Selected Issues Paper

May 26, 2010

Preview Citation

Format: Chicago

New Zealand: Selected Issues Paper, (USA: International Monetary Fund, 2010) accessed September 18, 2024

Summary

This Selected Issues paper focuses on the issues of fiscal policy, rebalancing, and growth in New Zealand. The paper discusses that a key policy challenge for New Zealand is to rebalance the economy and reduce external vulnerabilities. It provides model-based estimates of the potential contribution that fiscal consolidation can make to external rebalancing and economic growth in New Zealand. The paper briefly describes the Global Integrated Monetary and Fiscal (GIMF) model, and provides some background on macroeconomic vulnerabilities and challenges in New Zealand.

Subject: Consumption, Expenditure, Government consumption, Income, National accounts, Return on investment

Keywords: CA improvement, Capital, Consumption, CR, Deficit, Expenditure reform, GDP, GDP gain, GDP improvement, GDP ratio, Global, Government consumption, Government saving, Income, ISCR, Long-run GDP, Productivity-enhancing effect, Return on investment, Risk premium, Saving, Tax increase

Publication Details

Pages:

19
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/145
Stock No:

1NZLEA2010002
ISBN:

9781455202720
ISSN:

1934-7685

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