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Sustainable Development Goal (SDG) 8: New Zealand Prospects while Yield Curve Inverts in Central Bank Digital Currency (CBDC) Era

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  • Qionghua Chu

Abstract

In the inverted yield curve environment, I intend to assess the feasibility of fulfilling Sustainable Development Goal (SDG) 8, decent work and economic growth, of the United Nations by 2030 in New Zealand. Central Bank Digital Currency (CBDC) issuance supports SDG 8, based on the Cobb-Douglas production function, the growth accounting relation, and the Theory of Aggregate Demand. Bright prospects exist for New Zealand.

Suggested Citation

  • Qionghua Chu, 2023. "Sustainable Development Goal (SDG) 8: New Zealand Prospects while Yield Curve Inverts in Central Bank Digital Currency (CBDC) Era," Papers 2311.06718, arXiv.org, revised Apr 2024.
    • Handle: RePEc:arx:papers:2311.06718
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    1. Jan-Emmanuel De Neve & George Ward & Femke De Keulenaer & Bert Van Landeghem & Georgios Kavetsos & Michael I. Norton, 2018. "The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data," The Review of Economics and Statistics, MIT Press, vol. 100(2), pages 362-375, May.
    2. Michael D. Bauer & Thomas M. Mertens, 2018. "Economic Forecasts with the Yield Curve," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    3. Derniza Cozorici & Roxana-Alexandra Măciucă & Costel Stancu & Bianca-Maria Tihăuan & Robert Bogdan Uță & Cosmin Iulian Codrea & Răzvan Matache & Cristian-Emilian Pop & Robert Wolff & Sergiu Fendrihan, 2022. "Microbial Contamination and Survival Rate on Different Types of Banknotes," IJERPH, MDPI, vol. 19(7), pages 1-13, April.
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