Innovation and Independence: The Reserve Bank of New Zealand, 1973 -2002
Author(s): John Singleton
The NZ Reserve Bank is now internationally renowned for its strong mandate to eliminate inflation, having been the first reserve or central bank in the world to adopt the 'inflation targeting' approach to monetary policy. The Bank also, of course, maintains the integrity of the currency; preserves the stability of the financial system and undertakes a range of activities on behalf of the country.
Innovation and Independence tells the fascinating story of how this small central bank took the opportunities created by the political changes of the 1980s to design a unique institutional policy framework, rather than merely adapt an off-the-shelf overseas package. The NZ Reserve Bank's operational independence, once revolutionary, is now widely accepted internationally.
Product Information
Dr John Singleton, BA, PhD (Lanc), MSc (LSE), BD (Edinburgh), teaches in the School of Economics and Finance, Victoria University of Wellington.
1: Central Banking in a Controlled Economy; 2: The RBNZ and the Deepening Crisis, 1973 - 84; 3: Intellectual Developments in the Bank to 1984; 4: Monetary Policy and Disinflation, 1984 - 90; 5: The Reserve Bank of New Zealand Act 1989; 6: Monetary Policy in the Nineties; 7: Financial Stability; 8: A Comfortable Old Slipper? The Bank's Domestic History.
General Fields
- :
- : Auckland University Press
- : Auckland University Press
- : 1.043
- : 01 June 2006
- : 242mm X 170mm X 28mm
- : New Zealand
- : books
Special Fields
- : John Singleton
- : Hardback
- : 332.110993
- : 352
- : Economic history; Central government policies
- : illustrations
