Economics
World Bank sees Chinese stability
The World Bank has argued that "it is not necessary and probably not appropriate to add more traditional stimulus in 2009" to the Chinese economy, which will continue to grow "respectably."
Bernanke: bottom-up actions key for recovery
Economic recovery and development is a bottom-up as well as top-down process, said Ben Bernanke, the chairman of the Federal Reserve.
IMF upgrades US outlook
The International Monetary Fund (IMF) believes that the United States economy will grow next year.
India names new deputy governor
Kamalesh Chandra Chakrabarty is the new deputy governor at the Reserve Bank of India.
Greece to study climate change
The Bank of Greece is to establish a group to study the economic impact of climate change.
What will Bric leaders discuss?
When leaders from the four biggest emerging-market economies meet in Russia on Tuesday and Wednesday, they will have plenty to talk about.
Bank of Guyana - Annual Report 2008
Strong growth in the mining, engineering and construction industries boosted Guyana's economic performance in 2008, the latest Annual Report from the country's central bank reveals.
Beige Book flags improved expectations
The latest edition of the Federal Reserve's Beige Book, compiled from evidence gathered by the 12 regional Feds, notes that contacts from across the United States had said their expectations for the economy had improved.
The equity premium and the volatility spread
The spread between historical and risk-neutral volatilities is seen as a function of the risk premium and of skewness by researchers at the Bank of Canada.
HKMC - 2008 Annual Report
The Hong Kong Mortgage Corporation, a state entity run out of the Hong Kong Monetary Authority's Exchange Fund, performed well in 2008 despite the crisis, the corporation's latest Annual Report states.
Zuma names Mminele as new SARB deputy
Daniel Mminele will become a deputy governor at the South African Reserve Bank at the beginning of next month.
Central Bank of Armenia - Annual Report 2007/08
One of the key priorities in 2009 for the Central Bank of Armenia is the establishment of the All-Armenian Bank, which will invest large-scale projects with focus on education, healthcare, and tourism, notes the latest Annual Report from the country's…
Cuba gets first new governor in 14 years
Ernesto Medina, the head of one of Cuba's major banks, has replaced Francisco Soberon as governor of the central bank.
Kosovo joins World Bank
Kosovo on Thursday was granted membership of the World Bank after becoming the International Monetary Fund's 186th member in May.
NY Fed's Dudley on the future of securitisation
A smaller, more homogeneous and independent securitisation market is likely to emerge from the crisis, William Dudley, the president of the New York Federal Reserve, said on Thursday.
Consumption related to the state of the economy
Consumption is proportional to a target wealth with the marginal propensity to consume depending on the state of the macroeconomy, new research from the St Louis Federal Reserve reveals.
Reserve Bank of Tonga - Annual Report 2007/08
The Tongan economy has returned to modest growth during 2007/08 following several large shocks to the economy in previous years, says Siosi Mafi, the governor of the National Reserve Bank of Tonga, in the central bank's latest Annual Report.
New Nigerian governor criticises Soludo
Lamido Sanusi, confirmed as the new governor of the Central Bank of Nigeria on Wednesday, said he disagreed with his predecessor's plans to re-denominate the naira made back in 2007.
Southern and Western US districts to thrive
Southern and Western Federal Reserve districts will show the strongest growth in the post-crisis expansion, new research from the Kansas City Fed posits.
Modelling animal spirits
John Quiggin says George Akerlof and Robert Shiller's new book is a manifesto for a new approach to economic modelling.
Bank of Sierra Leone - Annual Report 2008
Sierra Leone's economy remained virtually unaffected by the international economic crisis in 2008 and continued to show robust growth, notes the country's central bank in the latest Annual Report.
Labour models with best fit
Labour models with wage stickiness and right-to-manage bargaining or with firm-specific labour deliver the best fit, a new paper from the European Central Bank posits.
Gulf economies building new arsenal: DIFC's Saidi
The economies of the Gulf have been hit hard by the global financial crisis, but Nasser Saidi, chief economist of the Dubai International Financial Centre, has seen a number of positives emerging from the ashes.
Time-varying parameter-Var model a good fit
The time-varying parameter vector autoregressive model best describes Japanese economic data, new research from the Bank of Japan shows.