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.
Table of contents:
Executive summary Assessment and recommendations Chapter 1.Adjusting towards a sustainable growth path -Macroeconomic developments. -Monetary and fiscal policies -Structural factors behind macroeconomic imbalances -Policies to promote more balanced growth -Annex 1.A1. Progress in structural reforms Chapter 2.Policies to rebalance housing markets -Features of the housing boom -The nature of housing demand -Are households’ portfolios too concentrated in housing? -The role of favourable tax policies -The social housing sector -Reducing supply -Annex 2.A1.Housing-related taxation: Interest deductibility, imputed rent and capital gains tax Chapter 3.How to move product market regulation back towards the frontier -New Zealand’s long-run productivity performance continues to disappoint -The regulatory framework needs to be top notch -New Zealand’s regulatory advantage has been eroded away -Policies to improve product market regulation Chapter 4.Green growth and climate change policies -Green growth – a long-run competitive advantage -Sustainable development: growth within limits -Climate protection