Latest posts

2018

Changing the monetary guards

Adrian Orr has his work cut out. He will migrate the Reserve Bank towards a changed operating model while having to maintain its credibility for keeping prices relatively stable. [...]

The Reserve Bank in Wonderland

With its new Policy Targets Agreement, the Reserve Bank has arrived in Wonderland. It looks as if it has a new employment target. But it is (thankfully) subject to interpretation. [...]

A question of optics

Few countries run as much on informal relationships as New Zealand. But that makes it even more important to adhere to good governance practices. [...]

Trump and other hypocrites

When discussing free trade, most governments sit in their own glasshouses. Trump’s protectionism deserves a response. But it should be an even greater commitment to free trade, not retaliation. [...]

Unlocking regional development

The Regional Development (Provincial Growth) Fund puts Wellington in the driver’s seat. It is a centrally designed plan for how New Zealand should develop. [...]

A passionate politician

Almost a century ago, the great sociologist Max Weber defined the ideal politician in his lecture Politics as a Vocation. As Bill English just announced his retirement from politics, we may well measure his record by Weberian standards. [...]