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Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand

Author/Editor: Ding Ding, Werner Schule, Yan Sun.

Release Date:April, 2014

This paper studies the dynamics of net foreign liabilities across a number of countries. Our historical analysis suggests that an orderly reduction in a country’s net foreign liabilities has mostly more...



Price: $18.00
The Macroeconomic Effects of Natural Resource Extraction: Applications to Papua New Guinea

Author/Editor: Suman S Basu, Jan Gottschalk, Werner Schule, Nikhil Vellodi, Shu-Chun S Yang.

Release Date:May, 2013

To investigate the effects on Papua New Guinea’s economy of substantial liquified natural gas revenues arriving in 2015, we employ a model to examine the macroeconomic effects of a scalingup of more...



Price: $18.00
The Potential Contribution of Fiscal Policy to Rebalancing and Growth in New Zealand

Author/Editor: Werner Schule.

Release Date:May, 2010

Simulations with the Fund’s GIMF model show that raising government savings in New Zealand permanently by 1 percent of GDP is likely to improve the current account balance by about ½ more...



Price: $18.00
Competitiveness in the Southern Euro Area : France, Greece, Italy, Portugal, and Spain

Author/Editor: Bogdan Lissovolik, Julio Escolano, Stefania Fabrizio, Werner Schule, Herman Z Bennett, Stephen Tokarick, Yuan Xiao, Marialuz Moreno Badia, Eva Gutierrez, Iryna V Ivaschenko.

Release Date:April, 2008

This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial more...



Price: $18.00
Structural Reforms in the Euro Area : Economic Impact and Role of Synchronization Across Markets and Countries

Author/Editor: Luc Everaert, Werner Schule.

Release Date:June, 2006

Using the IMF's Global Economic Model, calibrated to the European Union, the effects of reform in product and labor markets are quantified for both a large and a small euro area economy. When markups more...



Price: $15.00