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Presentation to the Annual Conference of the NZ Association of Economists (NZAE)

Bob Buckle, Emeritus Professor, Victoria University of Wellington and an external member of the Reserve Bank of New Zealand (RBNZ) Monetary Policy Committee (MPC) will give a keynote address at the NZAE conference.

Past Event
Friday, 30 June 2023 to Friday, 30 June 2023
9:00 am - 10:30 am
Auckland University of Technology (Room: WG403), Sir Paul Reeves Building - WG Building, 2 Governor Fitzroy Place, Auckland 1010

Professor Buckle will speak about monetary policy and the benefits and limits of central bank independence.

See the full list of speakers and find out how to register


The views expressed in this presentation are those of the author. They do not necessarily reflect the views of colleagues, the Reserve Bank of New Zealand, or other internal or external Monetary Policy Committee members.


Professor Buckle’s paper reviews the international development of central bank independence, including the reasons it spread internationally since the 1980s and the influence it has had. The paper considers contemporary developments, including for example central bank mandates, the choice of monetary policy instruments, and the experience of the pandemic, and how these could have an influence on central bank independence.

Speaking notes

Read the full presentation - Monetary policy and the benefits and limits of central bank independence (PDF, 1.14MB)