New Zealand: Selected Issues Paper
Electronic Access:
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Summary:
The Savings Working Group in New Zealand presented recommendations in February 2011, and suggested raising national saving by 2–3 percent of GDP. The increase in net public saving in the country explains part of the reason for lower net private saving in New Zealand. Net public saving of the country is about 3 percent of GDP above the average of advanced countries for the past 15 years. Financial liberalization also appears to have played a role in saving behavior.
Series:
Country Report No. 2011/103
Subject:
Commodity prices Econometric analysis Financial sector policy and analysis International trade National accounts Prices Private savings Spillovers Terms of trade Vector autoregression
English
Publication Date:
May 9, 2011
ISBN/ISSN:
9781455274512/1934-7685
Stock No:
1NZLEA2011002
Pages:
40
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