Made by government: New Zealand's monetary policy mess
Central banks, above all, are responsible for overseeing financial stability and controlling inflation. This research note suggests that the poor governance arrangements, conflicting goals, grandiose aspirations and distractions, along with the excessive budget and lack of core expertise in key appointments, have created the current...
Every life is worth the same: the case for equal treatment
This report uses the case of 'Pharmac' to show how the prescribed remedies depart from the principle of equal treatment for equal need, regardless of race or ethnicity.
How central bank mistakes after 2019 led to inflation
In this paper, the authors make a convincing case that stimulative monetary policy during the global COVID-19 pandemic contributed materially to the inflation surge that followed and which persists today. Equally important, they focus intensively on the various reasons that might have contributed to this...
Walking the path to the next global financial crisis
This report argues that failing to prepare now for the next financial crisis could destroy New Zealanders’ nest eggs and threaten their livelihoods.
Illusions of history: how misunderstanding the past jeopardises our future
The author of this report argues that the New Zealand Government risks misreading two episodes in New Zealand’s economic history, which may have consequences for current economic policy and outcomes