There are pressing demands to invest more in infrastructure, especially in the transport and power sectors, but before we scale up public investment, we need to invest resources in strengthening our capacities to implement public capital projects; capacities for project evaluation, public procurement, project management, etc.
Alan Bollard: Agriculture, monetary policy and the economy Speech by Dr Alan Bollard, Governor of the Reserve Bank of New Zealand, to Federated Farmers, Nelson, 18 July 2006. *  *  *  The experience of the last decade has been that agricultural prices and agricultural production remain as important as ever to the New Zealand economy.