Independent Review of the Operation of Monetary Policy in New Zealand

In May 2000, the Government announced that the New Zealand monetary policy framework would be reviewed. Professor Lars Svensson of Stockholm University was appointed to undertake the review and to report by the end of February 2001. Professor Svensson’s report was released by the Treasurer/Minister of Finance on 28 February.

In this issue of the Bulletin, we have published the Executive Summary and recommendations of the Svensson Report, together with the terms of reference of the review. The complete report by Professor Svensson can be obtained from the New Zealand Treasury and can be accessed on www.monpolreview.govt.nz – the monetary policy review website, and on www.rbnz.govt.nz – the Reserve Bank of New Zealand’s website.

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Is Traditional Education Better Than Technology-Based Education?

This interesting article addresses some of the key issues regarding education. A careful reading of this material could make a big difference in how you think about education.

On-line education is in trend nowadays. In the future, students may have the opportunity to study at home with computers rather than go to traditional schools like what we are used to doing. And in some cases online education is the only way available.

The most common on-line form of education today is English tutorials. As of now, students and tutors use IM (instant messaging), headset and web camera as the path of communication and of education. Is this the better option?

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Distance Learning Education

As we go about our daily lives we see how education enriched our lives. This education that we receive will provide us with the foundations for a good life. While many of us attend schools and traditional universities there are others who may not have this chance. For these people the different distance learning education courses provide proof that you can carry on with your education no matter where you are in life.

As you look through the different long distance learning education resources you should keep in mind why you are enrolling in one of these distance learning courses. This will help you to identify the type of course or program that you want. You can find this information by reading the course descriptions which are provided.

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