New Zealand: Selected Issues and Statistical Tables
January 26, 1998
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This Selected Issues paper examines saving trends in New Zealand. The paper highlights that although national saving has risen since the early 1990s, it remains below the levels recorded in the early 1980s, and the increase has been insufficient to finance the additional investment expenditure that has been encouraged by the strong economic performance in recent years. Further, national saving in New Zealand remains below the Organization for Economic Cooperation and Development (OECD) country average, as it has been throughout the 1980s and 1990s. This paper also examines pension reform in New Zealand.
Subject: Aging, Expenditure, Labor, National accounts, Pension spending, Pensions, Population and demographics, Private savings, Retirement
Keywords: Aging, CR, General government saving, high-saving group, household saving, IMF UR, investment balance, investment imbalance, investment trend, ISCR, national saving, Pension spending, Pensions, Private savings, reform experience, Retirement, saving, saving rate, superannuation system, unit value
Pages:
102
Volume:
1998
DOI:
Issue:
003
Series:
Country Report No. 1998/003
Stock No:
1NZLEA0011998
ISBN:
9781451830149
ISSN:
1934-7685
