See Wheeler (2013) “Decision making in the Reserve Bank of New Zealand”, speech delivered to the University of Auckland Business School on 7 March 2013, and Richardson (2016) “Behind the scenes of an OCR decision in New Zealand”, RBNZ Bulletin 79(11). 24 With the majority internal (and including the Governor and Deputy Governor ex officio).
This year's Stakeholders Awards is made more special by the fact that our partnership has gone through a particularly challenging period that saw the worst global financial crisis and the most severe economic downturn in decades. While the epicenter of the financial turmoil is in the US, shockwaves are being felt worldwide, even in emerging economies such as the Philippines.