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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Education Specialist Degree Online

According to the United States Department of Education, 92 million adults took part in some type of formal education to accommodate new job requirements, earn an advanced degree, keep their skills current or simply to attain a higher education. The education specialist degree program is intended for teachers, supervisors, administrators and counselors in elementary and secondary schools. This degree program offers specialization for teachers who have completed their master’s degree, along with in-depth opportunities for enhanced professional growth.

The minimum educational requirement to pursue an education specialist degree is 60 hours of graduate credit, which might include a master’s degree. A candidate for the program should have a minimum 3.0 grade point average on their previous graduate work. Furthermore, many educational specialist programs require at least three years of successful teaching in the field, standardized test scores, writing samples and recommendations. Since a specialist level teacher is considered an instructional leader, the education specialist degree program builds upon the teacher’s prior education and professional experiences to accomplish this. The specialist program ensures that a teacher who completes the course is particularly knowledgeable about current theory and practice in education.

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Overview of Issues in Current and Higher Education

The education system is the backbone of a progressing society. It is the standard of education that determines an individual’s and the country’s progress. A typical educational system consists of Primary Schools, High Schools, Colleges and Higher education institutes. It is important to provide quality education at all levels in order to have sustainable growth and development.To improve the educational system, it is important that people are aware of the education issues and problems in the education system.

Awareness about the current issues in education helps people in finding the loop holes in their education system and suggests innovative ideas to plug these holes. Some important issues/challenges related to education are:

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