New Zealand : Staff Report for the 2005 Article IV Consultation Discussions.

This 2005 Article IV Consultation highlights that New Zealand's GDP growth was particularly strong in 2004, at 4.8 percent, led by a surge in domestic demand. Private consumption grew by 6 percent, reflecting high employment growth, strong commodity prices, and household borrowing against risin...

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Bibliografski detalji
Autor kompanije: International Monetary Fund
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2005.
Serija:IMF Staff Country Reports; Country Report ; No. 2005/152
Online pristup:Full text available on IMF
Opis
Sažetak:This 2005 Article IV Consultation highlights that New Zealand's GDP growth was particularly strong in 2004, at 4.8 percent, led by a surge in domestic demand. Private consumption grew by 6 percent, reflecting high employment growth, strong commodity prices, and household borrowing against rising housing values. Business investment also increased rapidly, powered by robust sales, and strong profitability. Growth is projected to slow in the near term, to about 2 3/4 percent in 2005-06. Consumer spending is expected to moderate owing to a cooling of the housing market and the effects of higher interest rates.
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<strong>On-Campus Access:</strong> No User ID or Password Required
Opis:1 online resource (50 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Pristup:Electronic access restricted to authorized BRAC University faculty, staff and students