Giesecke, James; Schilling, Chris - In: New Zealand Economic Papers 44 (2010) 3, pp. 231-257
Unlike many countries affected by the global financial crisis, New Zealand did not announce a formal fiscal stimulus package. However, via a series of policy announcements beginning in October 2008, by March 2009 the government budget balance had moved towards deficit by 1.6% of 2011 GDP. We...