New Zealand: Selected Issues Paper

Country Report No. 11/103

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.
Publication date: May 2011
ISBN: 9781455274512
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Money and Monetary Policy , International - Economics , Public Policy , Asia , Developed Countries , Economic Models , Emerging Markets , External Shocks , Private Savings , Selected Issues

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