New Zealand: Staff Report for the 2000 Article IV Consultation

October 27, 2000

Preview Citation

Format: Chicago

New Zealand: Staff Report for the 2000 Article IV Consultation, (USA: International Monetary Fund, 2000) accessed November 25, 2024

Summary

The resilience displayed by the New Zealand economy throughout the turbulence is a clear testimony of the benefits of the economic reforms. Executive Directors appreciated these developments, and cautioned against reforms that could reduce labor and product market flexibility, and suggested that the authorities should be flexible and pragmatic in their implementation. They commended the authorities for the high quality of economic and financial statistics, and agreed that the country is well placed to absorb shocks without undue economic or financial distress.

Subject: Balance of payments, Current account deficits, Employment, Expenditure, Labor, Labor markets, Pension spending, Pensions

Keywords: Business confidence survey, CR, Current account deficits, Deficit, Economy, Employment, Global, Government forum, ISCR, Labor markets, New Zealand monetary policy framework, Non-executive directors committee, Pension spending, Pensions, Reserve bank's practice, Staff estimate

Publication Details

Pages:

68
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/138
Stock No:

1NZLEA0012000
ISBN:

9781451830163
ISSN:

1934-7685

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