Economic Weekly: Wary of the ‘W’

  • The acceleration in COVID-19 cases in a number of countries raises the chances that these economies have a second dip after their initial rebounds out of the first round of COVID-19 containment measures.
  • For NZ, there are still many challenges ahead given the borders are likely to be heavily restricted for some time and the rest of the world is having a tougher time than NZ in dealing with the pandemic.
  • But, with confidence a critical factor impacting businesses’ preparedness to employ and invest, the quick recovery from extreme depths of pessimism is a ray of light amid the doom and gloom and clear challenges that the NZ economy faces in rebuilding and reshaping itself.

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Mark Smith

Senior Economist

Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.

His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.

Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.

Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.

When not at work Mark likes to travel, keep fit and spend time with his friends and family.