OECD Economic Surveys: New Zealand 2024 PDF Download
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Author: OECD
Publisher: OECD Publishing
ISBN: 9264579087
Category :
Languages : en
Pages : 150
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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
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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: 9264883894
Category :
Languages : en
Pages : 179
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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
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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 Publishing
ISBN: 9264531718
Category :
Languages : en
Pages : 150
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Book Description
Estonia’s economy continues to perform well, and growing incomes support well-being. However, the expansion has peaked, and growth is set to soften due to weak international demand. Prudent fiscal policy has resulted in low debt, but spending pressures related to meeting infrastructure needs and ageing are mounting. Old age poverty is high and the proposal to allow early withdrawal of pension funds threatens macroeconomic stability and pension adequacy. The gender wage gap is among the highest in the OECD, and inequalities in income and health are considerable, reflecting gaps in the social safety net. The oil-shale sector is highly energy-intensive and is the main culprit behind Estonia’s high greenhouse gas emissions, but reducing dependence on the sector is challenging, as it is an important employer and meets 70% of Estonia’s energy needs.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264277129
Category :
Languages : en
Pages : 176
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Book Description
New Zealand is enjoying strong economic growth, driven by booming tourism, high net immigration, solid construction activity and supportive monetary policy. The fiscal position is sound, with low public debt and a balanced budget.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264194126
Category :
Languages : en
Pages : 144
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Book Description
This 2002 edition of OECD's Economic Survey of Romania examines recent economic developments, policies and prospects. It includes special features on co-ordination of reforms and exit and entry in the enterprise sector.
Author: OECD
Publisher: OECD Publishing
ISBN: 9789264063471
Category :
Languages : en
Pages : 412
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Book Description
In addition to the usual macroeconomic and country assessments and statistical annex with projection data, this issue of the OECD Economic Outlook also includes special chapters on the persistence of high unemployment and drivers and vulnerabilities associated with international capital flows.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264603980
Category :
Languages : en
Pages : 152
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Book Description
This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 67
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Book Description
Author: Organisation for Economic Co-operation and Development
Publisher:
ISBN:
Category : New Zealand
Languages : en
Pages : 64
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Book Description
