Innovation and Independence. This item is unavailable.Innovation and Independence

This study of the Reserve Bank of New Zealand reveals why the Bank's presence in the national life is strong; illustrates how it is internationally renowned for its mandate to eliminate inflation, having been the first reserve or central bank in the world to adopt the "inflation targeting" approach to monetary policy; and looks at how the Bank maintains the integrity of the currency, preserves the stability of the financial system, and undertakes a range of activities on behalf of the people of New Zealand.

John Singleton is a senior member of the School of Economics and Finance, Victoria University of Wellington, the author of The World Textile Industry, the coauthor of Economic Relations Between Britain and Australasia 1945–1970, and the coeditor of The Political Economy of Nationalisation in Britain, 1920–50. Arthur Grimes is a senior research associate at Motu Economic & Public Policy Research and an adjunct professor of economics at the University of Waikato, as well as chairman of the board of directors of the Reserve Bank of New Zealand. Gary Hawke is a professor of economic history and the head of the School of Government at Victoria University of Wellington. Sir Frank Holmes is a former director of the National Bank of New Zealand and of Lloyds Bank NZA.