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New Zealand Financial Markets, Saving and Investment

Author

Listed:
  • Cameron, Linda

    (New Zealand Treasury)

  • Chapple, Bryan

    (Ministry of Economic Development, New Zealand)

  • Davis, Nick

    (Martin Jenkins)

  • Kousis , Artemisia

    (New Zealand Treasury)

  • Lewis, Geoff

    (New Zealand Treasury)

Abstract
This paper is based on a joint project by The Ministry of Economic Development and Treasury to examine the link between New Zealand’s financial system and economic performance. Overall economic performance is influenced by a wide range of factors including the financial system. There is strong evidence that the level of development of a country’s financial system has a positive influence on economic growth and productivity. The relationship is bi-directional with economic growth also contributing to financial sector development.

Suggested Citation

  • Cameron, Linda & Chapple, Bryan & Davis, Nick & Kousis , Artemisia & Lewis, Geoff, 2007. "New Zealand Financial Markets, Saving and Investment," Occasional Papers 07/5, Ministry of Economic Development, New Zealand.
  • Handle: RePEc:ris:nzmedo:2007_005
    as

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    File URL: http://www.med.govt.nz/about-us/publications/publications-by-topic/occasional-papers/2007/07-05-pdf/view
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Juan Carlos Gozzi & Ross Levine & Maria Soledad Martinez Peria & Sergio L. Schmukler, 2012. "How Firms Use Domestic and International Corporate Bond Markets," NBER Working Papers 17763, National Bureau of Economic Research, Inc.
    2. Procter, Roger, 2011. "Echanching Productivity: Towards an Updated Action Agenda," Occasional Papers 11/1, Ministry of Economic Development, New Zealand.
    3. Newberry, Susan, 2015. "Public sector reforms and sovereign debt management: Capital market development as strategy?," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 27(C), pages 101-117.
    4. Xiaobo Xu & Martin Young & Liping Zou & Jiali Fang, 2023. "Retirement Income and Financial Market Participation in New Zealand," IJFS, MDPI, vol. 11(1), pages 1-23, January.
    5. Paul Conway, 2016. "Achieving New Zealand's productivity potential," Working Papers 2016/01, New Zealand Productivity Commission.
    6. Gozzi, Juan Carlos & Levine, Ross & Martinez Peria, Maria Soledad & Schmukler, Sergio L., 2015. "How firms use corporate bond markets under financial globalization," Journal of Banking & Finance, Elsevier, vol. 58(C), pages 532-551.
    7. Susan Black & Anella Munro, 2010. "Why issue bonds offshore?," BIS Papers chapters, in: Bank for International Settlements (ed.), The international financial crisis and policy challenges in Asia and the Pacific, volume 52, pages 97-144, Bank for International Settlements.

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    More about this item

    Keywords

    financial markets;

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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