Coping with global financial and economic stresses

Alan Bollard and Tim Ng

Reserve Bank of New Zealand Bulletin, 2009, vol. 72, No 1, 34-45

Abstract: This article reproduces the paper for a speech given by Governor Alan Bollard on 30 January 2009 to the Canterbury Employers’ Chamber of Commerce, Christchurch, New Zealand. It discusses the causes and consequences of the credit boom this decade in developed Western economies, the policy actions taken in response in New Zealand and offshore, and the road ahead.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbbul:march2009:6

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