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New Zealand: Selected Issues Paper

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  • International Monetary Fund

Abstract

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.

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  • International Monetary Fund, 2011. "New Zealand: Selected Issues Paper," IMF Staff Country Reports 2011/103, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2011/103
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    References listed on IDEAS

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