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New Zealand's sound management of the COVID-19 crisis has been effective in bringing infection rates quickly under control. Decisive fiscal and monetary policy responses have been instrumental in cushioning the economic impact. Although economic activity was hit hard initially, it has recovered...
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Early and decisive measures successfully prevented an outbreak of COVID-19 in Nauru, and as of January 2022 there have been no COVID-19 cases on the island. Strong pandemic policy measures supported the economy, which continued to expand in FY20 and FY21. Nauru's remoteness and size constrain...
Persistent link: https://www.econbiz.de/10013169104
The 2015 Article IV Consultation provides an overview of New Zealand's economic development and policies. Tailwinds have supported the economy's strong growth after the global financial crisis. However, the tailwinds have recently waned. Growth peaked at 3.5 percent year-over-year in the fourth...
Persistent link: https://www.econbiz.de/10011460472
This paper discusses prospects for potential growth, house prices, household debt, and financial stability risks, and tax policy reforms in New Zealand. Despite having world-class institutions and strong policy framework, income levels remain low relative to other Organisation for Economic...
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