New Zealand : 2010 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

May 26, 2010

Electronic Access:

Free Full text (PDF file size is 1695 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

New Zealand rode out the global crisis better than most advanced economies, thanks to strong demand from fast-growing Asian markets and the robust Australian economy, a flexible exchange rate, the absence of a banking crisis, and significant and effective policy easing. This 2010 Article IV Consultation highlights that a gradual recovery is expected to continue, with growth projected at 3 percent in 2010–11. The outlook is subject to downside risks related to the pace of global recovery and borrowing costs for countries with high external debt, such as New Zealand.

Series:

Country Report No. 10/144

Subject:

English

Publication Date:

May 26, 2010

ISBN/ISSN:

9781455202713/1934-7685

Stock No:

1NZLEA2010001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

44

Please address any questions about this title to publications@imf.org