Economics
RBI's Subbarao on reviving growth, decoupling and global imbalances
The governor of the Reserve Bank of India discusses his objectives for his first term and how the decoupling argument needs to be revised
Russia’s regional banks don’t utilise local info
Bank of Finland shows that local banks in Russia do not possess a superior ability to deal with information asymmetries
Nonprime borrowers in negative equity are alike
New York Federal Reserve research explores common characteristics of nonprime borrowers in negative equity
SNB economist to depart at year-end
Kohli to retire from chief economist role in December
Transition economies are corruption prone
Bank of Finland research shows countries in economic transition tend to be more corrupt
Transparency and disclosure limit contagion
Cutting back on information asymmetries can reduce contagion
Fed's Yellen: rates may stay low for years
Janet Yellen, the president of the San Francisco Federal Reserve and a respected senior US policymaker, has given a bleak assessment of the US economy’s prospects
National Bank of Ethiopia – Annual Report 2007/08
National Bank of Ethiopia’s latest Annual Report says country doesn’t have enough banks
Ortiz on governance, risk and Mexico's progress
The Bank of Mexico governor and BIS chairman discusses central bank governance, monitoring systemic risk and why Mexico has managed to avoid a financial meltdown despite being hard hit by the crisis
Bahrain's Al Maraj on pros of conservatism
The governor of the Central Bank of Bahrain tells Malan Rietveld that the country’s conservative approach to finance, regulation and construction is paying dividends in a time of crisis.
Mauritius’ Bheenick: Doha talks key to recovery
Mauritius’ Rundheersing Bheenick says that Doha is key to driving a global recovery
BIS: banks must shrink and simplify
Basel calls for smaller, simpler and safer banks
BoE's Barker and Fisher on economic outlook
Although there have been some encouraging signs in the British and global economies, the real question is what is happening to final demand, said Kate Barker, an external member of the Bank of England's Monetary Policy Committee (MPC).
Sri Lanka's Jayamaha moves into politics
Ranee Jayamaha has stood down as a deputy governor at the Central Bank of Sri Lanka after 37 years of service with the institution.
Central Bank of Russia - Annual Report 2007
The Central Bank of Russia notes the work done in 2007 to stabilise the rouble, improve and strengthen the country's banking system, and upgrade and ensure the effectiveness of the payment system in its latest Annual Report.
Trichet sounds debt warning
Jean-Claude Trichet, the president of the European Central Bank (ECB), has warned that many European governments have reached the ceiling in terms of how much debt they can incur in fighting the recession.
Blanchard and Roubini caution on global recovery
The developed world will see a return to positive growth by the end of the year, but sustaining the recovery will be a delicate balancing act, said Olivier Blanchard, the chief economist of the International Monetary Fund (IMF).
Liquidity facilities and interbank lending
This paper by economists from the Federal Reserve Bank of San Francisco finds that the liquidity facilities introduced by central banks during the current crisis helped lower the liquidity premium in term interbank rates.
Gonzalez-Paramo on the future of central banking
In this speech, Jose Manuel Gonzalez-Paramo, a member of the executive board of the European Central Bank, argues that the crisis "will bring about a new environment for policy-making in a number of areas related to central banking."
Riksbank sees anxious corporate sector
This survey by the Swedish Riksbank finds evidence of cautious optimism amongst the country's corporations, but notes that there is "considerable anxiety about a setback in the development of economic activity."