Despite New Zealand’s heavy dependence on the international economy, its business cycles do not correspond very closely to those of its major trading partners. This graph shows only the timing of the low and high points of each country’s business cycles, not the amplitude.
Te whakamahi i tēnei tūemi
Te Ara - The Encyclopedia of New Zealand
This item has been provided for private study purposes (such as school projects, family and local history research) and any published reproduction (print or electronic) may infringe copyright law. It is the responsibility of the user of any material to obtain clearance from the copyright holder.
Sources: Melbourne Institute of Applied Economic and Social Research, National Bureau of Economic Research; Viv Hall and John McDermott, A quarterly post-World War II real GDP series for New Zealand. Wellington: Motu Economic and Public Policy Research Trust, 2007.
Tāpiritia te tākupu hou