Fighting fit? Assessing New Zealand’s fiscal sustainability

Kirdan Lees

No 2013/5, NZIER Working Paper from New Zealand Institute of Economic Research

Abstract: A new report from the New Zealand Institute of Economic Research (NZIER) highlights the unprecedented fiscal challenges that New Zealand politicians will face in coming decades. NZIER recommends that tough decisions around taxes and government spending need to be taken now, and stuck to, in order to avoid a US-like situation in the future when the economic and political costs of correcting debt levels become dangerously high. A bipartisan agreement on funding superannuation costs would be a good starting point.

Keywords: fiscal sustainability; superannuation; pensions; New Zealand (search for similar items in EconPapers)
JEL-codes: E61 E62 J26 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2013-10-24
New Economics Papers: this item is included in nep-mac and nep-pbe
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Persistent link: https://EconPapers.repec.org/RePEc:ris:nzierw:2013_005

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