Résumé

New Zealand is enjoying strong economic growth, driven by booming tourism, high net immigration, solid construction activity and supportive monetary policy. The fiscal position is sound, with low public debt and a balanced budget. The major economic vulnerability emanates from high levels of household debt associated with rapid increases in house prices, which have reached high levels relative to fundamentals. Barriers to expanding housing supply are being reduced, and macro-prudential measures have been taken to contain financial stability risks, but further measures may be needed. While the short-term economic outlook is strong, there are longer-term challenges from low productivity growth, a changing labour market and some growing environmental pressures. Addressing these challenges would secure sustainable improvements in well-being for all New Zealanders.

SPECIAL FEATURES: IMPROVING PRODUCTIVITY; THE CHANGING LABOUR MARKET

Caractéristiques

Editeur : OCDE / OECD

Auteur(s) : Collectif

Collection : Économie

Publication : 15 juin 2017

Edition : 1ère édition

Intérieur : Noir & blanc

Support(s) : eBook [ePub + Mobipocket]

Contenu(s) : ePub, Mobipocket

Protection(s) : Marquage social (ePub), Marquage social (Mobipocket)

Taille(s) : 120 ko (ePub), 330 ko (Mobipocket)

Langue(s) : Anglais

Code(s) CLIL : 3177

EAN13 eBook [ePub + Mobipocket] : 9789264277151

EAN13 (papier) : 9789264277113

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