Promoting International Connections
Gabriel M. Makhlouf
Abstract
Gabriel M. Makhlouf
Abstract
Despite signs of a global economic recovery, an elevated level of risk persists around global growth. As a result, the international economy remains a source of potential downside risk to New Zealand. The chief challenges for policy-makers in the current environment are the timely withdrawal of monetary and fiscal stimulus in such a way as to support growth and manage emerging inflation pressures. To promote New Zealand's economic wellbeing, the Treasury seeks to encourage the country's international ties to ensure that it becomes more integrated and connected with the global economy. It wants to see a climbing New Zealand export share of world trade and rising flows of foreign and overseas direct investment.
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Despite signs of a global economic recovery, an elevated level of risk persists around global growth. As a result, the international economy remains a source of potential downside risk to New Zealand. The chief challenges for policy-makers in the current environment are the timely withdrawal of monetary and fiscal stimulus in such a way as to support growth and manage emerging inflation pressures. To promote New Zealand's economic wellbeing, the Treasury seeks to encourage the country's international ties to ensure that it becomes more integrated and connected with the global economy. It wants to see a climbing New Zealand export share of world trade and rising flows of foreign and overseas direct investment.
Key concepts: Treasury, Stimulus (psychology), Foreign direct investment, International trade, Economic recovery, Business, World economy, International investment