G'day, Goldilocks

Article Abstract:

New Zealand has been hit by recession, while Australia has seen rapid economic growth for a rich country, despite praise for New Zealand's economic policy, with tight fiscal and monetary policies and low taxes. New Zealand has raised interest rates when Australian rates were lowered High rates in New Zealand depressed an economy that was already weakening. The New Zealand economy should show some recovery in 1999, and Australian growth is likely to slow. Australia is making tax and import tariff reforms. The New Zealand case shows that damage that can be made by monetary mistakes.

Interest Rates, Australia, New Zealand

---

Could it happen again?

Article Abstract:

Inflation is a problem that has arisen relatively recently, and there was price stability in the United Kingdom between the 17th century and 1914. Deflation became a problem in the 1930s, and could become a problem again. It may be linked to a drop in demand or a rise in productivity. Excess capacity has led to some price falls in the 1990s, and commodity prices have also fallen, while policymakers have not always adjusted their monetary policy, which appears to be too tights in G7 countries.

Cover Story, Deflation (Finance), Deflation (Economics)

---

A blunt tool

Article Abstract:

The ways in which monetary policy is used, and its effectiveness, are examined in detail. Monetary transmission is also explained, as are views on this.

Usage

Similar abstracts:

• Abstracts: Dark days for Estrada. People power rides again. Time to go
• Abstracts: Paying dividends. What's in a name? The oracle strikes back
• Abstracts: Delays to disabled access. Lifting the lid. Access all areas
• Abstracts: Scandal involving Thai workers raises questions about hiring practices in Asia. Which MBA program would you choose?
• Abstracts: Scottish Enterprise: a challenge to local land use planning? Retail planning guidance and policy in Scotland

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.