OECD Economic Surveys: New Zealand 2009

OECD Economic Surveys: New Zealand 2009

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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 started. Nevertheless persistent, large current-account deficits and a high external debt render the economy especially vulnerable. In this report, OECD projects that the economy will remain in recession through 2009, and recover… (more)

Book Details  

Publisher: Oecd (April 15, 2009)

Format: EPUB

File size: 8.5 MB

Protection: Watermark

Language: English

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