This article is an abridged version of a paper prepared for a conference commemorating the 80th anniversary of the Bank of Mexico held on 14-15 November. The theme of the conference was `Stability and Economic Growth: The Role of the Central Bank'. The article reviews New Zealand's economic...

This article is an abridged version of a paper prepared for an address to the Canterbury Employers' Chamber of Commerce, on January 27, 2006.1 It examines three major global developments that have occurred in recent years and discusses their impact on the New Zealand economy in terms of their...

Inflation targeting is a monetary policy framework that was developed in response to the high inflation and macroeconomic instability of the 1970s and 1980s. Twenty years ago, New Zealand was the first country to formally adopt key elements of this approach – such as an explicit inflation...

An address by Alan Bollard, Governor of the Reserve Bank of New Zealand to the New Zealand Canterbury Chamber of Employers' conference in Christchurch.

An address by Dr Alan Bollard, Governor of the Reserve Bank of New Zealand to the Australasian Institute of Banking and Finance on 23 March 2005.

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...

An address by Dr Alan Bollard, Governor, Reserve Bank of New Zealand, to the Institute of Finance Professionals New Zealand on 11 August 2005.