New Zealand: 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
Volume/Issue:
Volume 2008
Issue 163
Publication date: May 2008
ISBN: 9781451830361
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Banks and Banking , Exports and Imports , Inflation , ISCR , CR , rate , exchange arrangement , house price inflation , exchange , inflation pressure , bank financing , headline CPI inflation , consultation cycle , percent quota , nontradables inflation , Housing prices , Inflation , Exchange rates , Mortgages , Global
Also of interest
Summary
New Zealand has experienced a decade-long robust economic expansion, owing to its sound macroeconomic policies and structural reforms, but resource constraints have emerged. Executive Directors welcomed the policy settings, supported by the anticipated evolution of external and global developments. They noted that fiscal policy and tightened stance of monetary policy are appropriate. Directors noted that the financial sector remains sound. They also welcomed the steps taken by the Reserve Bank of New Zealand (RBNZ) to review its liquidity policy for banks to encourage the diversification of funding sources.
