New Zealand and the global economy: Best practice in monetary policy and public sector asset management
In an attempt to insulate the country from the global economic slowdown, the Reserve Bank of New Zealand recently undertook the broadest review of its capital requirements yet. It also lowered its official cash rate assisting in holding up its commodity prices for primary products. However, New Zealand is still exposed to risks linked to its top trading partners, China, Australia and the European Union, and uncertainty remains over the economic impact of the capital requirements on the domestic economy.
Adrian Orr, governor of the Reserve Bank of New Zealand and former chief executive officer at the Guardians of the New Zealand Superannuation Fund (2007-18), will discuss the scope of monetary policy tools and techniques in reserve asset management in the context of this slowdown in key trading partners. He will highlight the implications for New Zealand of the US-China trade negotiations and the UK’s withdrawal from the EU.
Speaker:
