Reserve Bank of New Zealand Bulletin articles

(NB. If you do not have the free Acrobat reader software necessary to read these discussion papers already installed, go to the Adobe website.)

June 1998 (Vol 61, no 2)

Articles

The intermediation of international capital flows (PDF 66KB)

By Robert St Clair, Christine Tether and Bruce White, Economics Department
This article explains the channels by which New Zealand has borrowed from the rest of the world.

Developments in the Eurokiwi bond market (PDF 69KB)

By Kelly Eckhold, Financial Markets Department
This article talks about the offshore market for borrowing and lending in New Zealand dollars (commonly referred to as the `Eurokiwi' market).

Developments in the banking industry (PDF 129KB)

By Andrew Rodgers, Banking System Department
This article reviews developments in the New Zealand banking system over 1997 against the background of international banking trends.

What do forward interest and exchange rates tell us? (PDF 132KB)

By Yuong Ha and Michael Reddell, Financial Markets Department
An article on forward prices in the New Zealand dollar interest and exchange rate markets.

Speeches

In a world of open capital markets, how can central banks best help banking systems remain strong? (PDF 29KB)

Alternatively, link to the html version of this speech by Dr Don Brash.

Living with low inflation: farming for profit (PDF 38KB)

Alternatively, link to the html version of this speech by Dr Don Brash.

Monetary policy in New Zealand: business as usual (PDF 68KB)

Alternatively, link to the html version of this speech by Dr Don Brash.

New Zealand's economic reforms: a model for change? (PDF 45KB)

Alternatively, link to the html version of this speech by Dr Don Brash.

The views expressed are those of individual authors and do not necessarily reflect official positions of the Reserve Bank of New Zealand. Articles published in this Bulletin may not be wholly or substantially reproduced without the permission of the Reserve Bank of New Zealand. Data, brief extracts from articles, and other material appearing in the Bulletin, may be used without restriction provided due acknowledgement is made of the source.