European Parliament Library

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

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
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. On the Road to Recovery; Figures; 1. Recovery from Recession; 2. Financial Markets; 3. Inflation; III. Outlook and Risks; 4. Monetary Stimulus; 5. Fiscal Stimulus; 6. Domestic Banks; 7. External Developments; IV. Policy Discussions; A. Exit from Fiscal Stimulus; 8. Exit from Fiscal Stimulus; 9. Comparison of Fiscal Outlook; B. Exit from Monetary Stimulus; 10. Exit from Monetary Stimulus; C. Maintaining Financial Sector Stability; 11. Household Vulnerabilities; D. Addressing External Vulnerability and Increasing Saving; Boxes
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (45 p.)
Specific Material Designation
Form Of Item

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