摘要:I n May 2000, Professor Lars Svensson was invited by the then newly-elected New Zealand Minister of Finance 'to review the way in which New Zealand's monetary policy is conducted and its effectiveness in contributing to broader social and economic objectives'. The report of the Review was published recently (Svensson, 2001). Professor Svensson, based at the Institute for International Economic Studies, Stockholm University, has published widely on both monetary theory and monetary policy (for recent examples, see Svensson, 1999 and 2000). He had earlier gained a close understanding of New Zealand monetary policy practices while visiting as a Professorial Fellow of Monetary Economics at Victoria University of Wellington in 1997. Professor Svensson received 30 written submissions to the review and discussed relevant issues with Reserve Bank officials, directors and others outside the Bank. Submissions to the review are available at: www.monpolreview.govt.nz