01577cas a2200241 a 4500 AALejournalIMF013548 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484308837 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. New Zealand : 2013 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (54 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 New Zealand's economy continued to grow at a moderate rate, in part reflecting the effects of the recent drought and inflation. The macroeconomic policy has been framed to absorb adverse shocks with flexible exchange rates to serve as buffer. The planned pace of deficit reduction is balanced between sustaining aggregate demand and limiting public debt growth. Recent stress tests also showed that major banks could withstand a sizable shock to output, terms of trade, rising unemployment, and a fall in property prices. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/117 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/117/002.2013.issue-117-en.xml IMF e-Library