Speech to the Auckland Employers and Manufacturers Association, 6 August 2012 Alan Bollard and Michael Reddell

Speech to the Auckland Employers and Manufacturers Association, 6 August 2012 Alan Bollard and Michael Reddell

This article reproduces the paper for a speech given by Governor Alan Bollard on 30 July 2008. We argue that New Zealand’s flexible inflation-targeting framework serves the economy well, but one should not to ask too much of it. Inflation targeting is the best approach New Zealand and many...

This article reproduces the paper for a speech given by Governor Alan Bollard on 30 January 2009 to the Canterbury Employers’ Chamber of Commerce, Christchurch, New Zealand. It discusses the causes and consequences of the credit boom this decade in developed Western economies, the policy...