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The End Of The Golden Weather

Contributor:
Fuseworks Media
Fuseworks Media
The End Of The Golden Weather

11 December 2008 - The New Zealand Institute has today released the first in a series of short essays on the global financial and economic crisis. This programme of work will examine the nature and scope of the global financial and economic crisis, the implications for New Zealand, and, most importantly, the nature of the appropriate policy response by New Zealand to navigate the short-term challenges as well as position New Zealand for the longer-term.

The essay released today, 'The end of the golden weather', describes the changes in the global financial and economic environment and notes that these changes are likely to result in a decade of relatively subdued global growth. This is not just an acute business cycle from which the world will emerge in the next year or so. This essay has been authored by the Institute's new research director, Benedikte Jensen. We would welcome any comments and feedback to feedback@nzinstitute.org.

We plan to release several further essays over the next few months as part of this series. We expect to release the second essay in the series in January 2009.

This will be my last newsletter as Chief Executive of the New Zealand Institute. As many of you will know, I am standing down at the end of the year after more than five years of leading the Institute and will be handing over to a new team. We have hired a research director, and expect to make further announcements about the new leadership team at the Institute soon. I will retain an involvement with the Institute, and we are excited about the potential for the Institute to continue to make a strong contribution to the public debate over the next several years.

I would like to take this opportunity to thank you very much for your interest in the work of the New Zealand Institute, and for your support and engagement over the past several years. I have greatly appreciated it.

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