New Zealand: Selected Issues and Statistical Appendix
January 23, 1997
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This Selected Issues paper and Statistical Appendix reviews the performance of New Zealand and compares its growth rates of output, inputs, and total factor productivity during 1978–96 with 10 other economies. This study applies a common methodology across countries, not only for the growth accounting exercise itself, but also to derive the key variables used in the exercise. National data sources are used only for the most basic data. The paper also reviews New Zealand’s experience with inflation targeting.
Subject: Banking, Expenditure, Inflation, Inflation targeting, Monetary policy, Price stabilization, Prices, Production, Public expenditure review, Total factor productivity
Keywords: ASEAN economies growth, CR, economy, Inflation, Inflation targeting, ISCR, liquidity management facilities, New Zealand success, OECD economies growth, policy adjustment, Price stabilization, Public expenditure review, Total factor productivity
Pages:
70
Volume:
1996
DOI:
Issue:
144
Series:
Country Report No. 1996/144
Stock No:
1NZLEA0021996
ISBN:
9781451830200
ISSN:
1934-7685
