The Global Recession and How we cope by RBNZ Governor Alan Bollard to the Jobs Summit Feb 17

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This is a presentation given by Reserve Bank Governor Alan Bollard to the Jobs Summit on February 17. It is titled "The Global Recession and how we cope."

Business Économie & finance

2009 Job Summit World Recession & How We Cope Alan Bollard, Governor Reserve Bank of New Zealand 27 February 2009

The biggest destruction of global wealth ever? $3 trillion Lost output $4 trillion Housing $30 trillion Equity Markets $2 trillion Credit-related losses Value loss (est. $US)

Trading partner growth slows Asian Crisis Tech Bubble Sars Financial Crisis

Lower growth world must adjust Consumption, currencies Reserves Savings, exports Currencies

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… but we don’t escape unscathed New Zealand

Domestic credit growth Agriculture Business Household

Intended Investment & Employment Investment Employment

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