{
  "title": "New Zealand: Staff Report for the 2000 Article IV Consultation",
  "publication": "IMF Staff Country Reports, October 27, 2000",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/new-zealand-staff-report-for-the-2000-article-iv-consultation-3797",
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  "summary": "The resilience displayed by the New Zealand economy throughout the turbulence is a clear testimony of the benefits of the economic reforms.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- \"The resilience displayed by the New Zealand economy throughout the turbulence is a clear testimony of the benefits of the economic reforms.\"\n- Executive Directors:\n  - appreciated the developments in the New Zealand economy.\n  - cautioned against reforms that could reduce labor and product market flexibility.\n  - suggested that the authorities should be flexible and pragmatic in their implementation.\n  - commended the authorities for the high quality of economic and financial statistics.\n  - agreed that the country is well placed to absorb shocks without undue economic or financial distress."
    },
    {
      "heading": "Main findings and themes",
      "content": "- Economic resilience attributed to economic reforms.\n- Emphasis on preserving labor and product market flexibility.\n- Recommendation for flexible and pragmatic implementation of future reforms.\n- High quality of economic and financial statistics noted as a strength.\n- Overall assessment: capacity to absorb shocks without undue distress."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subjects:\n  - Balance of payments\n  - Current account deficits\n  - Employment\n  - Expenditure\n  - Labor\n  - Labor markets\n  - Pension spending\n  - Pensions\n- Keywords:\n  - business confidence survey\n  - CR\n  - Current account deficits\n  - deficit\n  - economy\n  - Employment\n  - Global\n  - government forum\n  - ISCR\n  - Labor markets\n  - New Zealand monetary policy framework\n  - non-executive directors committee\n  - Pension spending\n  - Pensions\n  - reserve bank's practice\n  - staff estimate\n\n---\n\n Content in this bundle\n\n- New Zealand:  2000 Article IV Consultation - ISCR/00/138\n  - New Zealand:  2000 Article IV Consultation - ISCR/00/138 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - New Zealand:  2000 Article IV Consultation - ISCR/00/138 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: October 27, 2000",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451830163.002",
    "\"The resilience displayed by the New Zealand economy throughout the turbulence is a clear testimony of the benefits of the economic reforms.\"",
    "Executive Directors:",
    "Economic resilience attributed to economic reforms.",
    "Emphasis on preserving labor and product market flexibility.",
    "Recommendation for flexible and pragmatic implementation of future reforms.",
    "High quality of economic and financial statistics noted as a strength.",
    "Overall assessment: capacity to absorb shocks without undue distress.",
    "Subjects:",
    "Keywords:",
    "**New Zealand:  2000 Article IV Consultation - ISCR/00/138**"
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