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oil price spike

2007-08 oil shock caused "substantial" decline in New Zealand's GDP say Reserve Bank economists

Submitted by Denis Tegg on 24 June 2011 - 5:24pm | Blog entry

re-posted from my blog - oilshockhorrorprobe

In a recent report, two New Zealand Reserve Bank economists have estimated the real effects of oil price shocks on New Zealand’s GDP. The economists conclude -- » Read more

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NZ Budget 2011 Ignores Oil Shock Impacts

Submitted by Denis Tegg on 24 May 2011 - 10:12am | updated 24 May 2011 | Blog entry

re-posted from my blog - oilshockhorrorprobe

The Times [article behind a paywall] has just broken a story that the UK government has been undertaking research on the likely adverse effects on their economy of an oil price spike. The Times reports that » Read more

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