IMF Staff Country Reports

New Zealand: Selected Issues

May 4, 2006

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New Zealand: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

This Selected Issues paper analyzes whether cyclical factors, including the large real exchange rate appreciation in recent years in New Zealand, can account for the rapidity of the recent rise in import penetration, or whether more lasting structural changes, such as the effects of globalization, may have played a role. The paper also looks at New Zealand’s vulnerabilities from two angles. It evaluates the external position of the country, and then assesses the health and soundness of various sectors of the economy by looking at their balance sheets and the key vulnerability indicators.

Subject: Balance of payments, Banking, Current account, Current account deficits, External debt, Import prices, Imports, International trade, Prices

Keywords: Asset quality, CR, Current account, Current account deficit, Current account deficits, Current account reversal, Debt service, Deficit, Global, Import penetration, Import prices, Imports, ISCR, New Zealand import equation, Trend rise import penetration

Publication Details

  • Pages:

    33

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/161

  • Stock No:

    1NZLEA2006002

  • ISBN:

    9781451830330

  • ISSN:

    1934-7685