- 17 expect productivity growth to pick up from its recent unusually slow pace, the timing of such a pickup is highly uncertain. Indeed, there is little consensus among researchers about the causes of the recent slowdown in productivity growth that has occurred both at home and abroad.
One area to better understand is the drivers that have led to the development of two New Zealand dollar debt markets: one with resident issuers and one with non-resident issuers (e.g. Eurokiwis and Uridashi).