Economics
Central Bank of Cyprus - Annual Report 2006
In 2006, the Central Bank of Cyprus intensified its preparatory work for the adoption of the euro, which will become the country's currency on 1 January 2008.
Italian consumption must recover, says Draghi
Stronger consumer spending is needed for the Italian economy to grow and to stabilise, according to Mario Draghi, the governor of the Bank of Italy.
Commodity prices warrant close attention: Japan
Central banks need to analyse data on commodity markets in order to more fully understand movements in global financial markets, according to research published by the Bank of Japan.
The only way is down
Avinash Persaud, the chairman of Intelligence Capital, a financial advisory firm, predicts the dollar will drop to $1.70 against the euro and $2.20 against sterling before central banks intervene.
National Bank of Belarus - Annual Report 2006
The National Bank of Belarus achieved all of its objectives in 2006, with both inflation and the exchange rate kept in check.
Central Bank of Chile - Annual Report 2006
The Chilean economy benefited from a higher-than-expected rise in the price of copper in 2006.
Palestine Monetary Authority governor resigns
George Abed, the governor of the Palestine Monetary Authority (PMA), resigned on Sunday after a controversial term during which the country's economy came under heavy pressure.
Central Bank of Bahrain - Annual Report 2006
Central Bank of Bahrain (CBB) has published its first annual report, since changing its name from the Bahrain Monetary Agency (BMA).
Germany to limit SWF takeovers to 25% stake
Germany plans to stop foreign takeovers of local companies if deemed a threat to national security by banning any deal that gave overseas investors 25% or more of any company seen as key to German interests.
Reserve Bank of India -Annual Report 2006-2007
Real GDP growth in India accelerated to 9.4% in 2006-07 from 9.0% in 2005-06, boosted by the double digit growth in the services and industrial sectors.
Financial market perceptions of recession risk
Corporate credit spreads embed key information about the likelihood of recession one year ahead.
Enhancing economic growth in Zambia
Caleb Fundanga, the governor of the Bank of Zambia, speaking in Lusaka on October 29 2007, said that that low inflation coupled with a developed and stable financial system, will enhance higher economic growth.
Interview: Claudio Borio
Claudio Borio is the head of research and policy analysis at the Bank for International Settlements (BIS). He has published extensively on numerous issues, including the relationship between asset prices and financial and monetary stability, monetary…
Cyprus and Malta brace for the euro
With just two months to go before both island economies join the euro, Justin Keay compares Malta’s smooth preparations with the more problematic case of Cyprus.
The future of the IMF
Getting the emerging markets involved is the right way to go, says Norbert Walter, the head of economic research at Deutsche Bank, in this op-ed piece written for Central Bank News.
Strauss-Kahn takes over at IMF
Dominique Strauss-Kahn, France's former finance minister, began his five-year term at the International Monetary Fund (IMF) on Thursday. He acknowledged that he is taking over at a time when the Fund desperately needs reform and to reach out to emerging…
Central Bank of Barbados - Annual Report 2006
Unemployment in Barbados hit an all-time low of 7.6% in 2006.
The impact of innovation on systemic risk
The pace of financial innovation has led to an increasingly complex and interconnected financial system. But what effect does this have on systemic risk?
Bank of Angola - Annual Reports 2001 to 2004
The Bank of Angola has published a single document containing annual reports for the years between 2001 and 2004.
Bank of Algeria - Annual Report 2005
The Algerian economy became more stable in 2005 after the country paid off some of its external debt.
Discount cut can avoid moral hazard says Mishkin
Reducing the discount window rate does not exacerbate moral hazard so long as two conditions are satisfied, according to Frederic Mishkin, a governor of the Federal Reserve.
FDI and technology: emerging markets evidence
The impact of foreign direct investment on the real economy is unrelated to the level of technology in which the investment is made, according to a paper published by the Centre for Economic Policy Research.
HKMA's Yam set for 2009 exit
Joseph Yam, the chief executive of the Hong Kong Monetary Authority, will step down in 2009 according to government sources.
Bank of Albania - Annual Report 2006
Albania's economic development in 2006 broadly complied with its medium-term development plan.