Sustainable Development Goal (SDG) 8: New Zealand Prospects while Yield Curve Inverts in Central Bank Digital Currency (CBDC) Era
arXiv:2311.06718
Abstract
In the inverted yield curve environment, I intend to assess the feasibility of fulfilling Sustainable Development Goal (SDG) 8, decent work and economic growth, of the United Nations by 2030 in New Zealand. Central Bank Digital Currency (CBDC) issuance supports SDG 8, based on the Cobb-Douglas production function, the growth accounting relation, and the Theory of Aggregate Demand. Bright prospects exist for New Zealand.