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Housing: New Zealand
27-Apr-2011
The boom in New Zealand property markets that got underway in the early 2000s reflected easy credit and strong net migration, but was exacerbated by long-standing structural features of the economy. Policies should aim to remove favourable tax treatment of housing and inefficient regulatory constraints on supply.
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27-Apr-2011
New Zealand’s fiscal position entering the crisis appeared strong, but structural spending increases and tax cuts implemented prior to the recession contributed to a substantial shift to deficit. To reduce the risk of pro-cyclical fiscal policy the government should consider strengthening the fiscal framework.
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Environment and Sustainable Development: New Zealand
27-Apr-2011
Climate change mitigation possibilities in New Zealand are limited by its high share of agriculture in overall carbon emissions and hydro in its power generation. As an exporter of resource-based goods and services, green growth would help consolidate New Zealand’s long-run growth potential.
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Regulatory reform: New Zealand
27-Apr-2011
Although many regulatory areas are consistent with OECD best practice, New Zealand is no longer assessed to be at the forefront of regulatory policy making. Persistently low productivity and GDP per capita suggest that regulatory settings could be improved to enhance economic performance.
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11-Apr-2011
A stricter budget framework should be implemented. Housing policies should embrace: income tested assistance; targeted direct support for housing supply; and greater focus on market mechanisms. Environmental policies should ensure abatement costs for greenhouse gas emissions are minimised.
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11-Apr-2011
A stricter budget framework should be implemented. Housing policies should embrace: income tested assistance; targeted direct support for housing supply; and greater focus on market mechanisms. Environmental policies should ensure abatement costs for greenhouse gas emissions are minimised.
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11-Apr-2011
A stricter budget framework should be implemented. Housing policies should embrace: income tested assistance; targeted direct support for housing supply; and greater focus on market mechanisms. Environmental policies should ensure abatement costs for greenhouse gas emissions are minimised.
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02-Feb-2010
With the help of massive government stimulus action, China is now leading the world economy out of recession, according to a new OECD report. Already the world’s second largest economy, China could well overtake the United States to become the leading producer of manufactured goods in the next five to seven years, it says.
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31-Jul-2009
What are the economic challenges Greece faces? What could be the impact of the global crisis? What should fiscal policy do? What are the reform priorities in the public sector? How to improve public health care services? How to enhance education performance?
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