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How Central Bank Mistakes after 2019 led to inflation Cover

How central bank mistakes after 2019 led to inflation

A research note released today by The New Zealand Initiative mainly attributes the outbreak of inflation in many economies to central bank mistakes. Co-authored by Graeme Wheeler, former Governor of the Reserve Bank of New Zealand, and Bryce Wilkinson, Senior Research Fellow at The New Zealand Initiative, the paper argues that central banks overall: were too confident about their monetary policy framework; were too confident about their models; were too confident they could control output and employment; lost their focus on price stability and took on too many mandates; faced conflicts in some cases with conflicting ‘dual mandate’ objectives; and were distracted by extraneous political objectives, such as climate change. Read more

Dr Bryce Wilkinson
Graeme Wheeler
Research Note
26 July, 2022
Research Note Lessons from East Asias Covid 19 Containment 1

Research Note: Lessons from East Asia's Covid-19 Containment

Since the first cases of the Covid-19 virus emerged in the Chinese province of Wuhan, several East Asian countries including Singapore, South Korea and Taiwan have successfully 'flattened the curve' of infection rates. The three countries used common public policies in the first 50 days since each registered their 100th case. Read more

Joel Hernandez
Research Note
25 May, 2020
Research Note Lessons from Abroad Taiwans Covid 19 Containment Model 1

Research Note: Lessons from Abroad: Taiwan's Covid-19 Containment Model

Alongside South Korea, Taiwan is one of the few countries to “flatten the curve” of Covid-19 without a national lockdown due to its prior experience with the SARS epidemic of 2003. New Zealand’s pathway is similar to Taiwan’s and there are lessons to be learned as New Zealand moves into Alert Level 2. Read more

Joel Hernandez
Research Note
12 May, 2020

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