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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.
This 1998 edition of OECD's periodic economic review of New Zealand examines recent economic developments, policies and prospects and includes a special feature on financial market reform.
This 1999 edition of OECD's periodic reviews of New Zealand's economy includes special features on structural policies and the economic strategy.
This 2000 edition of OECD's periodic economic reviews of New Zealand exaines recent economic developments, policies and prospects and includes special features on structural reform and improving the tax system.
Like many countries, the United Kingdom has been hit severely by the COVID-19 outbreak. A strict lockdown was essential to contain the pandemic but halted activity in many key sectors. While restrictions have eased, the country now faces a prolonged period of disruption to activity and jobs, which risks exacerbating pre-existing weak productivity growth, inequalities, child poverty and regional disparities. On-going measures to prevent a second wave of infections will need to be carefully calibrated to manage the economic impact.
Economic activity has contracted less in Korea than in other OECD countries, thanks to the prompt and effective reaction of the authorities to contain the spread of the COVID-19 virus and to the wide-ranging government support to households and businesses. Nevertheless, the pandemic generates strong headwinds.
Australia's long span of positive output growth continues, demonstrating the economy's resilience. In the absence of negative shocks, policy rates should start to rise soon, as wage growth and price-inflation pick up. Fiscal discipline will nevertheless still be required to bring balances to ...
This 2005 edition of the OECD Economic Survey for New Zealand focuses on key challenges for consolidating economic success including improving competition and productivity growth, tax and regulatory changes to improve the efficiency of capital ...
This 2007 edition of the OECD Economic Survey for New Zealand focuses on raising New Zealand’s living standards, public pensions and retirement savings, deepening financial markets, toward a more efficient taxation system.
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.