Economics
Monetary and prudential policies at a crossroads?
The BIS Working Paper "Monetary and prudential policies at a crossroads? New challenges in the new century" argues that financial liberalisation has resulted in subtle but profound changes in the dynamics of the economy and in the challenges faced by…
ECB paper on international portfolio flows
The European Central Bank Working Paper "The geography of international portfolio flows, international CAPM and the role of monetary policy frameworks," says that global equity markets might be more integrated than global bond markets.
Buba's Weber on financial system modernisation
In a speech given on 29 September Axel Weber of the Bundesbank said efficient financial structures contribute to increasing the potential for stronger non-inflationary economic growth.
National Bank of Serbia - Annual Report 2005
According to the National Bank of Serbia's Annual Report 2005, the overall economic activity continued trending up in 2005, with higher-than-forecast inflation, partial reduction of high foreign trade and current account deficits.
Change at top likely at Bank of Thailand
This article from the Bangkok Post, published Tuesday 3 October, focuses on potential replacements for Bank of Thailand as M.R. Pridiyathorn Devakula after he confirmed he had been approached to join the interim cabinet.
Saccomani takes up Bank of Italy role
Fabrizio Saccomani took up his new role as director general of Italian central bank Banca d'Italia, La Stampa said Monday 2 October.
Japan can declare deflation over says Omi
Japan's Finance Minister Koji Omi said Tuesday 3 October that the country can declare that its battle with more than seven years of falling prices is over.
Minehan on cb role in economic education
In the speech 'The role of central banks in economic and personal finance education' given on 29 September Cathy Minehan of the Federal Reserve Bank of Boston said the modern world is a complicated place with increasingly complex economic and financial…
National Bank of Romania - Annual Report 2005
According to the National Bank of Romania's Annual Report 2005, the year 2005 stands out by the numerous challenges the National Bank had to deal with in formulating and implementing its monetary policy.
Lister resigns from top BMA positions
Cheryl-Ann Lister, chairwoman and chief executive of The Bermuda Monetary Authority, has announced that she will be stepping down from both posts at the end of the this year. This article from The Royal Gazette, published Monday 2 October, includes an…
BOT chief takes role in military-backed govt
Bank of Thailand governor Pridiyathorn Devakula said Monday 2 October that he will join the cabinet of the new military-backed government in an as yet undecided role.
Almunia silent on date for Lithuanian euro entry
EU economic and monetary affairs commissioner Joachim Almunia declined to set a date for Lithuania to enter the eurozone in a speech Monday 2 October.
Japan's PM Abe expects BoJ to support growth
Japan's Prime Minister Shinzo Abe told parliament Monday 2 October that he expects the Bank of Japan to support growth through its policies as the economy continues to emerge from deflation.
PBOC chief says yuan flexibility expanding
The flexibility of China's currency is gradually being expanded as the influence of market forces grows stronger, the People's Bank of China chief said in an interview published Monday 2 October.
An Asian currency - a bridge too far
This article published on Friday 29 September by the Asia Times Online looks at the idea of the "Asian Currency Unit" which has been touted as a possible solution to the global imbalance dilemma.
Yilmaz on central banking in emerging economies
In the speech 'Central banking in emerging economies - the Turkish experience' given on 12 September Durmus Yilmaz of the Central Bank of the Republic of Turkey said a challenge of central banks in some emerging economies is dollarization.
Central Bank of Peru - Annual Report 2005
According to the Central Bank of Peru's Annual Report 2005, a positive macroeconomic performance characterized the Peruvian economy in 2005.
ECB's Bini Smaghi on an ageing society
In the speech 'Democratic representation and economic policy rules in an ageing society' given on 28 September Lorenzo Bini Smaghi of the ECB said ageing population and negative demographics may jeopardize the financial and political sustainability of…
Interview with Central Bank of Yemen's Al-Maswari
In an interview published by the Yemen Times on Friday 29 September, the chairman of the Central Bank of Yemen, Hussian Al-Maswari, said the government of Yemen represented by the Central Bank should give more attention to developing the banking industry.
RBI governor sees long term real rate challenge
Reserve Bank of India governor, YV Reddy said Thursday 28 September that long term interest rates pose a challenge to the "effectiveness of the economy."
Weber sees inflation risks despite oil price fall
Germany's Bundesbank president Axel Weber said Thursday 28 September the eurozone still faces inflation risks despite the recent dip in oil prices.
BIS's Knight on global banking: paradigm shift
In the speech 'Global Banking: paradigm shift - towards meeting the emerging challenges' given on Tuesday 26 September Malcolm Knight of the BIS said global banking will flourish in a strong and stable financial environment.
RBNZ paper on open economy inflation targeters
The Reserve Bank of New Zealand Discussion Paper "What do robust policies look like for open economy inflation targeters?" examines the role of the open economy in determining robust rules when the central bank fears various model misspecification errors.
Bank of the Netherlands Antilles- Annual Report 05
According to the Bank of the Netherlands Antilles' Annual Report 2005, the pace of growth of the Netherlands Antillean economy accelerated to 1.5% in 2005, following a rise of 1.1% in 2004.