How Long to Read Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand
By Ding Ding
How Long Does it Take to Read Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand?
It takes the average reader and 20 minutes to read Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand by Ding Ding
Assuming a reading speed of 250 words per minute. Learn more
Description
This paper studies the dynamics of net foreign liabilities across a number of countries. Our historical analysis suggests that an orderly reduction in a country’s net foreign liabilities has mostly occurred when there was significant improvement in gross public savings through deliberate fiscal consolidation measures. Simulations of a dynamic general equilibrium model calibrated for New Zealand indicates that sustained government deficit reduction could improve the country’s net foreign assets by about half of the accumulated public savings. However, given New Zealand’s relatively strong fiscal positions and previous work noting structurally low household savings, an orderly improvement in New Zealand’s external position in the medium term will depend on a structural improvement in private savings.
How long is Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand?
Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand by Ding Ding is 20 pages long, and a total of 5,000 words.
This makes it 7% the length of the average book. It also has 6% more words than the average book.
How Long Does it Take to Read Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 27 minutes to read Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand aloud.
What Reading Level is Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand?
Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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