Author(s): Paula Peare
An Introduction to the New Zealand Financial System is a descriptive short text providing an interesting and informative context for the study of finance in New Zealand. Designed to be used in conjunction with a first-year introductory text on the theory of finance, the book is also very suitable for first-year courses in economics and accounting. The author, Paula Peare, provides factual background material on topics such as the money and bond markets, financial institutions and the operation of monetary policy in New Zealand for students who have little or no previous knowledge of the financial system. The historical and regulatory environment in which the financial institutions and markets in New Zealand operate, and the implications of the reforms which followed the 1984 elections are described in detail. Extensive use is made of primary resources, such as Reserve Bank and Treasury media releases and articles by leading financial journalists. References at the end of each chapter and a comprehensive bibliography provide a guide to further reading.