International Monetary Fund (IMF)
Solomon Islands wins IMF support for ‘contractionary’ monetary policy
Central Bank of Solomon Islands maintains tight monetary policy in face of excess liquidity; IMF welcomes stance but tells authorities to implement a wider exchange rate band
IMF says world economy menaced by US taper and eurozone deflation
Eurozone deflation should be combated by every means available to the ECB, IMF says; emerging market risks from US taper will be overshadowed by benefit from advanced economy growth
IMF warns recapitalisation of Slovenian banks is a 'stop-gap solution'
Report urges deeper reforms of under-capitalised corporate and banking sectors; says ECB comprehensive risk assessment expected later this year could expose additional capital shortfalls
Four more countries have ‘systemically important' financial sectors, says IMF
New methodology qualifying countries for IMF's financial sector assessment programme means Denmark, Norway, Poland and Finland will now undergo regular check-ups
Trichet calls on Troika to ‘gradually disappear’
Former ECB president Jean-Claude Trichet defends the central bank’s role in the Troika; says the group should be phased out as policy-makers move away from curing crises and towards preventing them
US Congress fails to sign off on IMF reforms
Sweeping modernisation package put together by G-20 in 2010 stopped in its tracks as House of Representatives declines to double quota increase and thus ratify changes to fund's governing structure
Emerging Asia must reform to keep growing, says IMF research
China and India have recently exhibited a decline in total factor production growth; demographic factors will be more supportive in India and some Asean economies than in China
ECB deflects parliament questions on troika
European Central Bank publishes response to a European Parliament questionnaire on the financial assistance programmes brokered by the troika; Irish governor praises ‘rigorous adherence’ to fiscal goals
IMF paper models sovereign restructuring in monetary union
Paper prepared by economists in IMF's fiscal affairs department shows the restructuring country's economy would suffer more if its residents hold most of its sovereign debt
Lagarde warns of single currency ‘challenge’ in East Africa
IMF managing director Christine Lagarde tells the East African Community to learn from the genesis of other monetary unions across the globe
IMF urges full recapitalisation of Ugandan central bank
The Bank of Uganda was recapitalised by the government in June 2013, but further capital injections will depend on the central bank's ability to ‘streamline’ operational costs
Reserve managers continue push into diverse currencies
Latest data from the IMF shows non-traditional reserve currencies continue to see their share of global reserve holdings grow; sterling, yen and the Swiss franc fall in favour
Macro-prudential and fiscal co-ordination could pay big dividends, IMF staffers say
International co-ordination of macro-prudential and fiscal policies would have a far greater effect than the literature predicts for internationally co-ordinated monetary policy, paper shows
Singapore's Tharman to stay on as head of IMF advisory body
International Monetary and Financial Committee calls on Singaporean finance minister, and former MAS chief, to remain in the chair for one more year
IMF could help overcome ‘myopia' on international monetary policy co-operation
IMF deputy head of research Jonathan Ostry argues in new paper with Atish Ghosh that international macro policy co-ordination could bring global welfare benefits, with IMF playing a central role
Lagarde calls for pre-emptive action on eurozone deflation
IMF managing director says the ECB should act to shore up eurozone inflation and find ways of getting credit to SMEs; Draghi says ECB must pursue price stability by all means necessary
Bolivian central bank under fire for lending to public enterprises
IMF tells CentralBanking.com the unorthodox practice is ‘counterproductive' and out of step with international norms; bank's constitutional mandate and lending arrangement makes loans legal
IMF warns Nigeria over large portfolio flows
Fund commends 'appropriate' monetary stance but warns of economic vulnerabilites caused by portfolio flows and dependency on oil receipts
ECB celebrates decade of international co-operation
Conference looks back at quarter of a century of co-operation between central banks around the world - in which the ‘helped have become the helpers' thanks to knowledge exchange
Uncertainty constrains credit supply, IMF paper finds
Working paper tests the theory that uncertainty would reduce the supply of loans in an economy, and finds it holds true - especially for smaller credit institutions
People: IMF poaches ADB chief economist; BNP's Gary Smith makes switch to MassMutual
Changyong Rhee takes over from Anoop Singh in IMF’s Asian and Pacific department; Gary Smith joins Massachusetts Mutual; former RBI chief general manager joins commercial bank board
IMF paper highlights benefits of model-based approach to monetary policy analysis in LICs
New paper taking Kenya as an example finds benefits of a model-based approach to monetary policy analysis in low-income countries, including in countries with money-targeting frameworks
IMF plucks chief economist from Central Bank of Ireland
Lars Frisell is leaving the Central Bank of Ireland after less than two years as its chief economist to take an unspecified post at the IMF; search begins for his successor