IMF Staff Country Reports

New Zealand: Selected Issues Paper

Publication Date:

May 26, 2010

Electronic Access:

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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.

Series:

Country Report No. 2010/145

Subject:

Consumption Expenditure Government consumption Income National accounts Return on investment