Growth
Summers says crisis won’t hit potential growth
White House adviser Larry Summers says he expects growth to fully recover, optimism contrasts with eurozone outlook
China’s consumption key for crisis exit
International Monetary Fund says global recovery needs China and Japan to strengthen domestic consumption
Strauss-Kahn covets lender-of-last-resort role
Dominique Strauss-Kahn says International Monetary Fund must become a global lender of last resort to temper emerging Asia's desire to hold reserves
Imbalances: this time it's different, says Blanchard
International Monetary Fund sees growth recovering to 3% next year but warns that without imbalances fix, long-run picture remains bleak
Recovery underway, but risks remain – IMF
Global Financial Stability Report cuts financial loss projection
IMF set to upgrade 2010 growth forecast
Deputy managing director Murilo Portugal says global recovery is stronger than expected
Real effects of banking crises: a literature review
Bank of Italy examines trends in research on banking crises
Positive growth proves Central Bank of Philippines right
Second quarter GDP data justifies the Central Bank of Philippines’ decision to keep rates on hold
GDP to return to normal by mid-2010: BIS economists
Head of economic and monetary department Stephen Cecchetti and his team say pre-crisis GDP levels to be reached by June
Weber: German economy not standing on own feet yet
Bundesbank’s Axel Weber expects timid recovery in Germany
Czech National Bank – Inflation Report
Czech National Bank says inflation will fall further but remain positive this year
France and Germany out of recession
Analysts taken by surprise as data show eurozone’s two largest economies returned to growth in the second quarter
France blames 80s monetary policy for poor growth
Banque de France asks whether permanent and gradual shifts in monetary policy were responsible for a protracted period of depressed activity in the euro area over the past decades
Central Bank of Belize – Annual Report 2008
Belize’s output negatively affected by flooding
RBA – Statement on Monetary Policy
Reserve Bank of Australia says economic conditions are improving in the latest Statement on Monetary Policy
Eastern Germany still behind the west
Bank of Italy looks at the economic convergence of eastern Germany with western Germany
Trade spillovers hit Baltics most
Trade channels dominate the transmission of cross-border spillovers to the Baltic States, a new paper from the International Monetary Fund reveals.
Efficient payment systems boost intermediation
Efficient payment systems increase financial intermediation and the availability of credit, new research from the Bank of England posits.
Macroprudential needed regardless of rate policy
Macroprudential policies are required regardless of the monetary-policy regime in place, said Svein Gjedrem, the governor of the Norges Bank.
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.
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.
RBA on why it kept policy rate unchanged
The Reserve Bank of Australia decided to leave the cash rate unchanged at 3% as there were signs that the economic stimulus that had been applied was supporting demand, according to minutes of the May meeting.
Firms must adapt to low growth: Bahrain's Al Maraj
Rasheed Al Maraj, the governor of the Central Bank of Bahrain, has said businesses and government will need to adjust to the reality of slower economic growth.
Sub-Saharan Africa faces severe slump, IMF warns
The International Monetary Fund warned on Tuesday that economies in sub-Saharan Africa were facing a "severe downturn" and called for a strong public-policy response both domestically and internationally.