NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Don Brash

Former Governor
Reserve Bank of New Zealand

E-Mail: don.brash@xtra.co.nz

NBER Working Papers and Publications

June 2013Panel Session I, Practical Experiences in Reducing Inflation: The Case of New Zealand
in The Great Inflation: The Rebirth of Modern Central Banking, Michael D. Bordo and Athanasios Orphanides, editors
This chapter contains remarks by Donald Brash, governor of the Reserve Bank of New Zealand (RBNZ) from 1988 to 2002. Brash briefly sketches the course of inflation in New Zealand through the 1970s and early 1980s, then focuses on the factors that led New Zealand to become the first country to formally adopt inflation targeting, on the reasons why that approach to monetary policy seems to have worked there, and finally, on some of the unresolved issues New Zealanders face.
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us