New Zealand’s financial future
New Zealand has drawn global praise for its coordinated and aggressive response to the Covid-19 pandemic. The government reacted swiftly and imposed strict lockdown measures early in the crisis. While the short-term consequences for the economy were severe, the country now has a head-start on its recovery. Adrian Orr, governor of the Reserve Bank of New Zealand, discusses policy-making in a pandemic, the impact of Covid-19 on the country’s transition to net zero emissions, and the economic outlook for New Zealand.