Economics
Productivity drives banks’ international efforts
Bundesbank’s research finds that only the largest and more productive banks engage in international activity and set up foreign affiliates
Britain remains in recession
Pound falls on unexpected negative growth for three months to September; chances of expansion of quantitative easing programme rise
National Bank of Ethiopia – Quarterly Bulletin
Central bank report finds growth in financial services, particularly microfinance, and investment
SAMA – Annual Report 2009
Report reveals balance sheet contraction in first three months of this year
Emerging economies to lead the recovery: BoJ deputy governor
Bank of Japan's Kiyohiko Nishimura says financial conditions and business sentiment in the world’s second largest economy have improved
Interview with Barry Eichengreen
Berkeley economist Barry Eichengreen talks to CentralBanking.com on the IMF’s new role, reserve currencies and the future of economics as a science
Norway’s Gjedrem plays down crisis impact
Norges Bank’s governor says financial crisis unlikely to feed through to real economy
Brazil capital control unlikely to slow real’s rise
Imposition halts currency’s appreciation but analysts sceptical move will help in longer term, investors jittery on Colombian peso
Research to focus on stability: Buba’s Weber
Bundesbank’s Axel Weber says central banking studies must concentrate on financial stability and links to monetary policy
Bernanke: don’t lose sight of global imbalances
Fed chairman’s comments build on recent efforts by the International Monetary Fund to deal with instability of global monetary order
Canada sees more modest recovery
Bank of Canada downgrades growth forecasts slightly, says slack to remain until September 2011
RBA’s Lowe stresses importance of flexibility
Reserve Bank of Australia’s Philip Lowe says economy must make use of comparative advantage but watch for risks
The link between exchange rates and monetary policy
Bank of Canada paper finds a strong negative relationship between rate setting and exchange rate pass-through
Italy’s Visco on cross-border cooperation
In the wake of the global crisis, Bank of Italy’s Ignazio Visco examines barriers to cross-border collaboration between officials
Macroeconomic volatility and terms of trade shocks
Reserve Bank of Australia research explores the effect of terms of trade volatility on macroeconomic volatility
Banking: a mechanism design approach
Philadelphia Federal Reserve research uses mechanism design to study banking
Nigeria’s woe signals decoupling not in sight
International Monetary Fund finds developing and emerging markets did not decouple from the United States enough to grow despite significant recession in the world’s largest economy
Credit-card discrimination hard to prove
Federal Reserve Board finds no evidence of credit-card companies discriminating against minorities.
De Larosière: don’t rush regulatory reform
Former governor of the Banque de France warns governments against rapid change for the finance industry
What makes up the macroprudential toolkit?
Practitioners and supervisors discuss how supervisory policy will be made
Public banks good for growth
Central Bank of Cyprus finds that government ownership of banks has been associated with better long-run growth performance
No way to tell if QE’s worked: BoE’s Bean
MPC will have to tighten gradually to avoid undershooting inflation target
Ireland’s Honohan: restore, not reinvent
Governor uses first speech to hark back to 2000 as benchmark for Irish economy
“Green shoots” of recovery must be handled gently
Durmus Yilmaz, governor of the Central Bank of Turkey, argues for a careful balance between fighting recession and expanding public debt