Cross-Country Experience in Reducing Net Foreign Liabilities : Lessons for New Zealand /

This paper studies the dynamics of net foreign liabilities across a number of countries. Our historical analysis suggests that an orderly reduction in a country's net foreign liabilities has mostly occurred when there was significant improvement in gross public savings through deliberate fiscal...

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Bibliographic Details
Main Author: Ding, Ding
Other Authors: Schule, Werner, Sun, Yan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/062
Online Access:Full text available on IMF