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.)

March 1998 (Volume 61, no. 1)

Articles

The current account balance: an analysis of the issues (PDF 171KB)

By Sean Collins, Francisco Nadal De Simone and David Hargreaves, Economics Department
This article takes a detailed look at the factors influencing New Zealand's current account deficit, and its potential ramifications.

The balance of payments accounting framework (PDF 27KB)

By Robert St. Clair, Economics Department
An overview of the balance of payments accounting framework.

A quick look over the neighbour's fence: New Zealand and Australia compared (PDF 183KB)

By Anne-Marie Brook, Economics Department
This article surveys some of the main economic trends in New Zealand and Australia over the 1990s, with particular emphasis on those aspects relevant to the Reserve Bank: inflation pressures, the business cycle, and monetary conditions and policy.

Payment system reform in New Zealand: the start of real-time gross settlement (PDF 227KB)

By Bruce White, Economics Department
This article provides an overview of the introduction of real time gross settlement.

Speeches

New Zealand's balance of payments deficit: does it matter? (PDF 52KB)

An address by Don Brash, Governor of the Reserve Bank of New Zealand, to the Canterbury Employers' Chamber of Commerce, 30 January 1998.
Alternatively, link to the html version of this speech by Dr Don Brash.

Growth, productivity and monetary policy: longer term perspectives (PDF 25KB)

An address by Murray Sherwin, Deputy Governor of the Reserve Bank of New Zealand, to the New Zealand Forest Owners Association Annual Conference, 12 November 1997.
Alternatively, link to the html version of this speech by Murray Sherwin.