New Zealand: Selected Issues and Statistical Appendix

International Monetary Fund

No 1999/119, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix describes New Zealand’s evolving approach to inflation targeting. It describes the experience of New Zealand with inflation targeting, and discusses the motives behind the change in its approach toward a more flexible framework. The paper discusses the main features of New Zealand’s exchange rate cycle during the 1990s. It also analyzes some of the potential causes of exchange rate variability, and describes the effects of variability on other macroeconomic variables.

Keywords: ISCR; CR; exchange rate; inflation-targeting regime; nominal exchange rate; inflation targeting framework; capital control; inflation-targeting country; exchange rate cycle; target band; Inflation targeting; Exchange rates; Inflation; Price stabilization; Capital controls; Asia and Pacific; Global (search for similar items in EconPapers)
Pages: 54
Date: 1999-10-20
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