Gordon Coates

Gordon Coates was the finance minister of New Zealand from 1933 to 1935, known for his decisive actions during a tumultuous economic period. He is credited with establishing the Reserve Bank and pursuing better export prices, while also facing the challenges of the Great Depression. Despite being blamed for various economic troubles, historians now recognize his efforts to maintain budgetary surplus and implement currency devaluation as pivotal contributions to the country's recovery from economic hardship.