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Author: OECD Publisher: OECD Publishing ISBN: 9264579087 Category : Languages : en Pages : 150
Book Description
After a strong recovery from the pandemic, the New Zealand economy has slowed, with higher interest rates weighing on housing construction, and inflation undermining purchasing power and consumption. Monetary policy has tightened significantly since late 2021 and proved efficient at reining in inflation. Better control of government spending is needed to keep fiscal consolidation on track in the short run and restore fiscal space for ageing-related expenditures and the green transition in the long run. New Zealand also faces an investment gap in addressing the needs of a rapidly growing population. Improving competition policies and streamlining the regulatory environment would help revive productivity growth and lift living standards in the long run. As highlighted by the recent OECD PISA study, achievement in school education has declined markedly. Inequality remains high and attendance has dropped. There is an urgent need to improve the curriculum, reform teacher education and strengthen support to teachers and schools to deliver better education outcomes. Adapting to climate change will require maintaining high insurance coverage for climate-related losses as well as changes to land-use planning and a comprehensive long-run energy strategy. The green transition needs a more rigorous cost-benefit assessment of emission reduction options. Special features: Competition, School Education, Climate Change
Author: OECD Publisher: OECD Publishing ISBN: 9264579087 Category : Languages : en Pages : 150
Book Description
After a strong recovery from the pandemic, the New Zealand economy has slowed, with higher interest rates weighing on housing construction, and inflation undermining purchasing power and consumption. Monetary policy has tightened significantly since late 2021 and proved efficient at reining in inflation. Better control of government spending is needed to keep fiscal consolidation on track in the short run and restore fiscal space for ageing-related expenditures and the green transition in the long run. New Zealand also faces an investment gap in addressing the needs of a rapidly growing population. Improving competition policies and streamlining the regulatory environment would help revive productivity growth and lift living standards in the long run. As highlighted by the recent OECD PISA study, achievement in school education has declined markedly. Inequality remains high and attendance has dropped. There is an urgent need to improve the curriculum, reform teacher education and strengthen support to teachers and schools to deliver better education outcomes. Adapting to climate change will require maintaining high insurance coverage for climate-related losses as well as changes to land-use planning and a comprehensive long-run energy strategy. The green transition needs a more rigorous cost-benefit assessment of emission reduction options. Special features: Competition, School Education, Climate Change
Author: OECD Publisher: OECD Publishing ISBN: 9264234497 Category : Languages : en Pages : 151
Book Description
This 2015 OECD Economic Survey of New Zealand examines recent economic developments, policies and prospects. Special chapters cover sustaining the economic expansion and making growth more inclusive.
Author: OECD. OCDE Publisher: ISBN: 9789264234512 Category : Antitrust law Languages : en Pages : 307
Book Description
This 2015 OECD Economic Survey of New Zealand examines recent economic developments, policies and prospects. Special chapters cover sustaining the economic expansion and making growth more inclusive.
Author: OECD Publisher: OECD Publishing ISBN: 9264883894 Category : Languages : en Pages : 195
Book Description
Well-being in New Zealand is generally high, although there is room for improvement in incomes, housing affordability, distribution, water quality and GHG emissions. Economic growth is projected to remain around 21⁄2 per cent. The main risks to the outlook are rising trade restrictions and a housing market correction. Labour market reforms have been initiated to increase wages for the low paid but will need to be implemented cautiously to minimise potential adverse effects. Substantial planned increases in bank capital requirements should reduce the expected costs of financial crises but might reduce economic activity.
Author: OECD Publisher: OECD Publishing ISBN: 9264623310 Category : Languages : en Pages : 145
Book Description
The New Zealand economy recovered quickly from the COVID-19 shock thanks to effective virus containment, measures to protect jobs and incomes and highly expansionary macroeconomic policies but is now overheating and house prices have soared. The Reserve Bank has begun to tighten monetary and macroprudential policies with a view to achieving its price and financial stability objectives.
Author: Oecd Publisher: OECD ISBN: 9789264234475 Category : Business & Economics Languages : en Pages : 150
Book Description
Economic growth has been faster in New Zealand than in most other OECD countries in recent years. Inflation and inflation expectations are well anchored, but the current account has been in sizeable deficit for some time. Strong fiscal and monetary policy frameworks and a healthy financial sector have yielded macroeconomic stability, underpinning growth. Employment is high, in large part thanks to flexible labour markets and ample immigration, business investment is robust, and households and firms are optimistic. Well-being is high, although a considerable income gap with the top half of the OECD remains. However, bottlenecks in housing, urban infrastructure and skills, inequalities in living standards, and rising environmental pressures all pose risks for sustaining growth. The government is moving to deal with these weaknesses.
Author: OECD Publisher: OECD Publishing ISBN: 9264105905 Category : Languages : en Pages : 205
Book Description
This 2003 Ecoomic Survey of New Zealand covers key challenges, macroeconomic developments and policies, sustainable development, and innovation. It includes a special feature on migration.
Author: OECD Publisher: OECD Publishing ISBN: 9264093176 Category : Languages : en Pages : 171
Book Description
OECD's 2011 periodic review of New Zealand's economy. This edition includes chapters covering sustainable growth, rebalancing housing markets, product market regulation, and green growth and climate change policies.
Author: OECD Publisher: OECD Publishing ISBN: 9264054286 Category : Languages : en Pages : 151
Book Description
The global crisis is hitting New Zealand at a time when difficult domestic adjustment is underway. Its economy is among the most indebted in the OECD. Falling asset prices and a slump in credit demand mean that a process of debt reduction has ...
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