New Zealand : 2017 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for New Zealand.

This 2017 Article IV Consultation highlights New Zealand's economic expansion, which since early 2011 gained further broad-based momentum in 2016. GDP growth accelerated to 4 percent, and the output gap has roughly closed. Reconstruction spending after the 2011 Canterbury earthquake was an impo...

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Chi tiết về thư mục
Tác giả của công ty: International Monetary Fund. Asia and Pacific Dept
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2017.
Loạt:IMF Staff Country Reports; Country Report ; No. 2017/111
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt:This 2017 Article IV Consultation highlights New Zealand's economic expansion, which since early 2011 gained further broad-based momentum in 2016. GDP growth accelerated to 4 percent, and the output gap has roughly closed. Reconstruction spending after the 2011 Canterbury earthquake was an important catalyst, but the expansion has also been supported by accommodative monetary policy, a net migration wave, improving services exports, and strong terms of trade. There was some weakening of momentum in the fourth quarter of 2016, owing to softer private consumption and a sharp drop in exports, but it is expected to be temporary. Growth should rebound and then moderate toward trend in the medium term, in particular as net migration normalizes.
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Mô tả vật lý:1 online resource (73 pages)
Định dạng:Mode of access: Internet
số ISSN:1934-7685
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students