Economics
Buybacks in Treasury cash and debt management
The New York Fed has published a paper looking at the use and implications of buybacks in Treasury cash and debt management.
Crisis "clouds growth prospects", says IMF
The International Monetary Fund (IMF) has revised its estimates for global growth in 2008 down by almost half a percentage point.
Central Bank of Jordan - Annual Report 2006
Despite external shocks such as the surge in oil prices, the Jordanian economy preformed well in the period between 2002 and 2006, growing by an average of 6.4%.
Tough times ahead for bankers: Norway's Gjedrem
Svein Gjedrem, the governor of the Central Bank of Norway, has predicted a fall in the fortunes of the country's banking industry.
Relationships help for IPO performance
Investors prefer initial public offerings (IPOs) managed by relationship banks than similar ones managed by outside banks, according to research by the Chicago Federal Reserve.
Croatian National Bank - Annual Report 2006
The Croatian National Bank continued its focus on reducing the external debt to GDP ratio last year.
Three US economists scoop Nobel prize
Leonid Hurwicz, Eric Maskin and Roger Myerson are the winners of the 2007 Sveriges Riksbank Nobel Prize in Economic Sciences, the Royal Swedish Academy of Sciences said on Monday.
Do trade costs explain macroeconomic puzzles?
Research published by the Reserve Bank of Australia finds some evidence that trade costs do, at least in part, explain three monetary policy puzzles; the purchasing power parity real exchange rate persistence puzzle, the Feldstein-Horioka saving…
Stiglitz praises Chavez's "Bank of the South"
Joseph Stiglitz, a former World Bank chief economist and Nobel laureate, commended plans put forward by Venezuela's president Hugo Chavez for a regional lender for Latin America.
China likely to replace Zhou
Zhou Xiaochuan, the governor of the People's Bank of China, is set to lose his job as part of a wide-ranging reshuffle, the details of which will be announced at next week's party congress.
Canada's Macklem to move to finance ministry
Tiff Macklem, a deputy governor of the Bank of Canada, is to move to the Department of Finance on 1 November.
Can rainy-day funds make a difference in Europe?
The Bank of Italy has published a paper looking at whether rainy-day funds, which US states (who usually have to balance their budgets) use to limit procyclical fiscal policies, have a role to play in European fiscal policy.
Zoellick wants "inclusive" globalisation
Robert Zoellick, the president of the World Bank, set out his plans for the strategic direction of the Bank on Wednesday to mark his first 100 days in charge.
Kroszner on the role of the Fed
Randall Kroszner, a member of the Federal Reserve's Board of Governors, listed the central bank's responsibilities with regard to monetary policy, supervision and consumer protection in a speech on Thursday.
National Bank of Moldova - Annual Report 2006
Moldova's economy grew relatively slowly in 2006. GDP increased by 4%, in comparison with 7.5% in 2005 and 7.4% in 2004.
Colombia's Uribe highlights new challenges
The integration of Colombia into the global economy has presented two policy challenges, says Jose Dario Uribe, the governor of the Banco de la Republica, Colombia.
ECB paints rosy picture for the future
Though the banking crisis has caused uncertainty, the eurozone looks set to continue growing in the medium term, according to the latest edition of the European Central Bank's (ECB) Monthly Bulletin.
Differing results on investment adjustment costs
A Bank of England paper evaluating the costs of changes in investment shows the elasticity of investment with respect to the shadow price of capital (the value to the firm of one additional unit of capital) to be 15 times larger than aggregate models…
Uribe charts Colombia's progress
Bilateral trade agreements are allowing Colombia to profit more from globalisation, according to Jose Dario Uribe, the governor of the Banco de la Republica, Colombia.
Volatility will continue to fall - IMF
Output volatility is likely to fall in the years ahead, according to the latest edition of the International Monetary Fund's (IMF) World Economic Outlook.
Currency rise wanted by EU chiefs
Jean-Claude Trichet, the president of the European Central Bank; Jean-Claude Juncker, the prime minister of Luxembourg; and Joaquin Almunia, the European commissioner for monetary affairs said on Monday that they wanted the renminbi, the dollar, and the…
Central Bank of Honduras - Annual Report 2006
The Central Bank of Honduras looked to improve payments systems in 2006 with the introduction of rules to regulate low-value electronic payments in the country's banking system.
Hong Kong benefits from mainland growth
Hong Kong's status as an international financial centre will be enhanced by the rise of mainland China, according to research published by the Hong Kong Monetary Authority.
Central Bank of Peru - Annual Report 2006
Peru's economy grew by 8% in 2006, its highest rate for 11 years.