Economics

Bernanke discusses US deficit

Ben Bernanke, the chairman of the Federal Reserve, explained why he thought the US current account deficit had grown so rapidly before saying that the deficit was likely to decrease in the years ahead.

Bank of Sierra Leone - Annual Report 2006

The Sierra Leonean economy grew by 7.8% in 2006. The growth was down to a strong mining industry, good relations with trade partners and sound economic policies, said the central bank.

Fed's Kroszner on the 1997 Asian crisis

Randall Kroszner, a governor of the Federal Reserve, said that he would "offer some thoughts about ways to analyse and assess the impact of banking crises on real economic activity."

BIS Quarterly Review

The Bank for International Settlements (BIS) published the 'BIS Quarterly Review' on 3 September. It gave an overview of recent developments in financial markets, before turning in more detail to highlights from the latest BIS data on international…

Fed's Beige Book published

"Outside of real estate, reports that the turmoil in financial markets had affected economic activity during the survey period were limited," the Fed said in its latest "Beige Book" on economic conditions, featuring reports from the 12 regional Fed…

MAS - Annual Report 2006-2007

Presenting the annual report for 2006-2007 of the Monetary Authority of Singapore (MAS), Goh Chok Toy, the chairman of the central bank, said 2006 was a significant year for Singapore and MAS.

Globalisation's impact on UK inflation

The author of this paper uses the International Monetary Fund's new Global Economy Model (GEM) to estimate the importance of various factors, which are used to explain the differences in the trends in core inflation and relative prices in the UK, the…

OECD sings praises of central banks

Jean-Philippe Cotis, the chief economist of the OECD, had warm words for central banks Wednesday when he presented the organisation's interim assessment of the global economy in between the spring and autumn editions of the Economic Outlook.

Bank of Guyana - Annual Report 2006

Lawrence Williams, the governor of the central bank, said that, after recording a decline of 1.9% in 2005, Guyana's economy rebounded in 2006 to register real economic growth of 4.7%, exceeding the 4.3% target for the year.

3rd Islamic banking conference in Karachi

The third international conference on Islamic Banking and Finance Risk Management, Regulation and Supervision will be held in Karachi during April 2008, according to an announcement by the State Bank of Pakistan.

Singapore's capital markets impressive

Kola Luu, executive director of the financial markets strategy department at the Monetary Authority of Singapore, in a speech at the ACI Forum on 3 September 2007, highlighted the good performance of Singapore's domestic capital markets.

Central Bank of Tunisia - Annual Report 2006

The Central Bank of Tunisia has published its 48th annual report. Covering the year 2006, it analyses the main economic and financial trends prevailing in Tunisia and throughout the world and presents the issuing institution's financial statements,…

Strauss-Kahn and Tosovsky vie for top IMF job

Dominique Strauss-Kahn, the former French finance minister, and Josef Tosovsky, the head of the Financial Stability Institute, are the only two candidates for the top job at the International Monetary Fund (IMF).

Europe's IMF domination to end with Strauss-Kahn?

Jean-Claude Juncker, the prime minister of Luxembourg, has said that Dominique Strauss-Kahn, the EU's nominee to head the International Monetary Fund (IMF), will be the last managing director to come from the EU for the "foreseeable future".

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