NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

External Imbalances in an Advanced, Commodity-Exporting Country: The Case of New Zealand

Sebastian Edwards

NBER Working Paper No. 12620
Issued in October 2006

---- Acknowledgements -----

I am grateful to many colleagues in New Zealand for their help and generosity. In particular, I want to thank Peter Bushnell, Grant Spencer, Aaron Drew, Anella Munro, Rishab Sethi, Bob Buckle, Arthur Grimes and Murray Sherwin. I thank Roberto Alvarez for his excellent assistance in Los Angeles and to Bob Buckle and Aaron Drew for their comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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