01666cas a2200241 a 4500 AALejournalIMF006496 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455200863 1018-5941 BD-DhAAL BD-DhAAL Sun, Yan. Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis / Yan Sun. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (22 pages) IMF Working Papers <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 Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of the global crisis is likely to come through higher costs of capital, offset partly by a higher return to capital from strong demand for commodities by emerging Asia. It estimates medium-term potential growth of about 3 percent for Australia and 2. percent for New Zealand, higher than that of many other advanced economies. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2010/127 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/127/001.2010.issue-127-en.xml IMF e-Library