Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis:
Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of the g...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
2010
|
| Series: | IMF Working Papers
Working Paper No. 10/127 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of the global crisis is likely to come through higher costs of capital, offset partly by a higher return to capital from strong demand for commodities by emerging Asia. It estimates medium-term potential growth of about 3 percent for Australia and 2. percent for New Zealand, higher than that of many other advanced economies |
| Physical Description: | 1 Online-Ressource (22 p) |
| ISBN: | 1455200867 9781455200863 |
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| index_date | 2024-07-03T20:13:27Z |
| indexdate | 2024-07-10T09:35:36Z |
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| spelling | Sun, Yan Verfasser aut Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis Sun, Yan Washington, D.C International Monetary Fund 2010 1 Online-Ressource (22 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 10/127 Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of the global crisis is likely to come through higher costs of capital, offset partly by a higher return to capital from strong demand for commodities by emerging Asia. It estimates medium-term potential growth of about 3 percent for Australia and 2. percent for New Zealand, higher than that of many other advanced economies Online-Ausg http://elibrary.imf.org/view/IMF001/11000-9781455200863/11000-9781455200863/11000-9781455200863.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Sun, Yan Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis |
| title | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis |
| title_auth | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis |
| title_exact_search | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis |
| title_exact_search_txtP | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis |
| title_full | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis Sun, Yan |
| title_fullStr | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis Sun, Yan |
| title_full_unstemmed | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis Sun, Yan |
| title_short | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis |
| title_sort | potential growth of australia and new zealand in the aftermath of the global crisis |
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