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Economic & Fiscal Analysis

The Economics Team provides strategic economic advice, analysis and support to the Ministry of Finance & Economic Management and other Government Agencies.

Economic Insights

GDP/Output Modelling

Inflation

  • Inflation in the Cook Islands - What is Inflation? and how can we reduce its effects? (May 2022)
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Employment & Labour Force

Treasury Management

Regional

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IMF Technical Assistance Report

​The International Monetary Fund (IMF) published its Cook Islands Technical Assistance Report: Macroeconomic, Financial and Structural Policies on 28 August 2020. This report, which followed a country visit by an IMF team in 2019, was facilitated by the New Zealand Government at the request of MFEM.

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  • Cook Islands Macroeconomic, Financial & Structural Policies - IMF TA Report, Aug 2020​​

Understanding the Cook Islands–New Zealand Constitutional Relationship

This section brings together a series of academic papers by Pacific scholars that examine the constitutional relationship between the Cook Islands, New Zealand, and the wider Realm of New Zealand. The research explores self-government in free association, historical context, and how these arrangements continue to shape identity, citizenship, and governance today.

 

Together, the papers provide thoughtful, evidence-based perspectives that support informed public understanding and respectful discussion about the Cook Islands past, present, and future. Readers are encouraged to explore each paper in full to gain a deeper understanding of these important issues.

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These four academic papers explore different aspects of the relationship between the Cook Islands, New Zealand, and the wider Realm of New Zealand. Across all papers, the authors agree that this relationship is often misunderstood or oversimplified. They find that many people are not fully aware of how self-government in free association works, or how historical decisions continue to shape present-day realities.

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The research highlights that the Cook Islands is a self-governing country with its own authority, while also being part of a constitutional arrangement that carries shared responsibilities and expectations. The authors also agree that New Zealand benefits from this relationship, just as the Cook Islands does, and that describing the Cook Islands as dependent does not reflect the full picture.

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Overall, the papers call for clearer public understanding, respectful dialogue, and informed discussion about history, identity, and governance. Reading these papers helps support informed decision-making and strengthens understanding of the Cook Islands’ place in the region and the world.

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