September 2003 Reserve Bank Bulletin Released
September 2003 Reserve Bank Bulletin Released
The publication referred to can be viewed at http://www.rbnz.govt.nz/research/bulletin/2002_2006/sep2003.html
The Reserve Bank today released the September 2003 issue of the Reserve Bank of New Zealand Bulletin. The September issue contains a series of articles, reflecting the breadth of the Reserve Bank's responsibilities.
Among them is an annual review of developments affecting New Zealand's financial stability. In this review, we conclude that New Zealand's financial sector has remained resilient despite continued global economic weakness.
The Bulletin
also discusses New Zealand's neutral real interest rate (the
interest rate after adjusting for inflation which is neutral
in its effect on the economy), and trends in the level of
this measure over recent years, with international
comparisons. Another topic covered is the characteristics
of terrorist financing. We summarise international
initiatives to counter the financing of terrorism, including
actions taken by the New Zealand Government.