New Zealand : Selected Issues Paper

1NZLEA2011002 Image
Price:  $18.00

Release Date: © May, 2011
ISBN : 978-1-45527-451-2
Stock #: 1NZLEA2011002
English
Stock Status: On back-order

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Description

The Savings Working Group in New Zealand presented recommendations in February 2011, and suggested raising national saving by 2–3 percent of GDP. The increase in net public saving in the country explains part of the reason for lower net private saving in New Zealand. Net public saving of the country is about 3 percent of GDP above the average of advanced countries for the past 15 years. Financial liberalization also appears to have played a role in saving behavior.




More publications in this series: IMF Staff Country Reports