01525cas a2200241 a 4500 AALejournalIMF005108 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451973877 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. New Zealand : Selected Issues. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (34 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper assesses the impact of a disruption to capital inflows by examining past episodes of capital inflows in New Zealand and other countries. It also reviews the IMF's Global Economy Model (GEM), which is used to provide some estimates of the equilibrium relationship between New Zealand's real effective exchange rate and real commodity prices. The analysis also suggests that permanent changes in non-energy commodity prices can have a significant impact on New Zealand's equilibrium exchange rate. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/164 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/164/002.2008.issue-164-en.xml IMF e-Library