Sustainable Development Goal (SDG) 8 : New Zealand’s Prospects while Yield Curve Inverts in Central Bank Digital Currency (CBDC) Era

In the inverted yield curve environment, whether the sixteen SDGs set up by the United Nations could be realized by 2030 sparks interesting considerations. Meanwhile, as the Reserve Bank of New Zealand is considering the potential issuance of the CBDC, the boost to SDG 8 - decent work and economic growth, as examined from the perspectives of Cobb-Douglas production function, Solow’s growth accounting relation, and Keynes’s Theory of Aggregate Demand, intrigues further analysis. How twelve targets of SDG 8 could be achieved with the possible issuance of the CBDC in the backdrop is analyzed. Despite the inverted yield curve, bright prospects exist for New Zealand to realize SDG 8 with the issuance of the CBDC in mind