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|z 9781455200863
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|a 1018-5941
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|a Sun, Yan.
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|a Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis /
|c Yan Sun.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2010.
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|a 1 online resource (22 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of the global crisis is likely to come through higher costs of capital, offset partly by a higher return to capital from strong demand for commodities by emerging Asia. It estimates medium-term potential growth of about 3 percent for Australia and 2. percent for New Zealand, higher than that of many other advanced economies.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2010/127
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2010/127/001.2010.issue-127-en.xml
|z IMF e-Library
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