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Paul Bloxham, HSBC’s chief economist, once described New Zealand as a “rockstar economy”. That was back in January 2014. Read more
On Monday this week, the prime minister said she was optimistic that the economy would not shrink further in the second quarter. That would avoid New Zealand officially being in recession. Read more
Just before 3 o’clock on a Sunday afternoon, about a dozen NZTA and Ministry of Transport officials received a weekend-ruining email. Subject: “Cabinet paper: Urgent”. Read more
This month, Central Banking, the journal for the world’s monetary policy experts, hosted its virtual Summers Meetings. With inflation returning, the onset of a new European debt crisis, and the implications of geopolitical conflicts, central bankers have enough reasons to be worried right now. Read more
In this week's Initiative podcast, Chief Economist Dr Eric Crampton discusses with statistician Len Cook about concern to changes being made to the legislation governing New Zealand's statistics agency. To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Oliver Hartwich talks with Eric Crampton about the Government's rushed policy making for a fuel tax and Road User Charge holiday. To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Pick your favourite bit of bad economic news. How about a 10 percent hike in food prices? Read more
On 31 July 2022, New Zealand's borders will fully reopen. This will be a welcome development for education providers, especially those in the tertiary sector. Read more
Oliver Hartwich discusses the biggest economic issues of the week with Eric Crampton and Bryce Wilkinson: How transitory is inflation? Will we ever see the return of supply-side economics? Read more
The moderate increases in the European Central Bank’s interest rates are far from being brutal but the writing is on the wall that Europe’s monetary party is about to end, and Southern Europe has remarkable parallels to Mexico and Latin America in the 1980s. Of all the places in history, Mexico in 1982 could give us a hint about the future of European monetary policy. Read more