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New Zealand Staff Report for the 2014 Article IV Consultation

This 2014 Article IV Consultation highlights that the economic expansion in New Zealand is becoming increasingly embedded and broad based, with growth exceeding 3 percent in the second half of 2013. The drivers include supportive financial conditions, record high export commodity prices, resurgent c...

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Bibliographic Details
Corporate Author: International Monetary Fund Asia and Pacific Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:IMF Staff Country Reports
Subjects:
Inflation
Real Estate
Terms Of Trade
Currency; Foreign Exchange
Economic Policy; Nternational Cooperation
Deflation
Housing Supply And Markets
Exports And Imports
Housing; Prices
International Economics
International Lending And Debt Problems
Debts, External
External Debt
Property & Real Estate
Foreign Exchange
Price Level
International Trade
Banks And Banking
Prices
Macroeconomics
Banking
Exchange Rates
Empirical Studies Of Trade
Housing Prices
New Zealand
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 2014 Article IV Consultation highlights that the economic expansion in New Zealand is becoming increasingly embedded and broad based, with growth exceeding 3 percent in the second half of 2013. The drivers include supportive financial conditions, record high export commodity prices, resurgent construction activity related to the Canterbury post-earthquake rebuild and general housing shortages, and a substantial increase in net immigration. Growth is expected to increase to about 3½ percent in 2014 and moderate to a trend rate of 2½ percent over the medium term. Strong construction activity is expected to remain an important driver for near-term growth
Physical Description:38 pages
ISBN:9781498392143

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