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Coping with global financial and economic stresses

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  • Alan Bollard
  • Tim Ng

    (Reserve Bank of New Zealand)

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Abstract

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 actions taken in response in New Zealand and offshore, and the road ahead.

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File URL: http://www.rbnz.govt.nz/research_and_publications/reserve_bank_bulletin/2009/2009mar72_1bollardng.pdf
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Bibliographic Info

Article provided by Reserve Bank of New Zealand in its journal Reserve Bank of New Zealand Bulletin.

Volume (Year): 72 (2009)
Issue (Month): (March)
Pages: 34-45

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Handle: RePEc:nzb:nzbbul:march2009:6

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Cited by:
  1. Mauricio Calani C. & Kevin Cowan L. & Pablo García S., 2010. "Inflation Targeting in Financially Stable Economies: Has it been Flexible Enough?," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 13(2), pages 11-50, August.
  2. Matthew Wright, 2009. "Mordacious years’: socio-economic aspects and outcomes of New Zealand’s experience in the Great Depression," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 72, pages 43-61, September.

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