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SBV strengthens communications, security

The State Bank of Vietnam (SBV) has selected advanced technologies from Cisco Systems to help increase operational efficiencies in its countrywide infrastructure and provide a platform to regulate the banking system.

BoE's Bean says rate move was no surprise

The inflation rate two or more years in the future matters more than the current rate for setting monetary policy, Bank of England Chief Economist Charles Bean was quoted as saying on Wednesday 16 August.

Capital flows to Central and Eastern Europe

This IMF Working Paper examines the evolution of the net external asset positions of Central and Eastern Europe (CEEC) countries over the past decade, with a strong emphasis on the composition of their international balance sheets.

ECCB - Annual Report 2005-2006

According to the Eastern Caribbean Central Bank's Annual Report 2005-2006, while the level of inflation in the currency union remained relatively low in 2005, the rate at 4.0 per cent was up from the 2.6 per cent in 2004.

Bank of Botswana - Annual Report 2005

According to the Bank of Botswana's Annual Report 2005, inflation maintained a downward trend during the first half of 2005 until May, as the impact of the 7.5 percent devaluation in February 2004 fell out of the inflation calculation; however, it rose…

Central Bank of Bosnia & Herzegovina - Ann Rep 05

According to the Central Bank of Bosnia & Herzegovina's Annual Report 2005, the economy continued its growth from the previous period, and in 2005 it grew at the significant, but slightly lower rate than in 2004. Such a growth is close to that recorded…

World Bank sees China economy slowing

The World Bank said on Tuesday 15 August that China's economy is likely to slow slightly over the rest of the year and Beijing will probably wait to see the impact of current tightening steps before deciding if more are needed.

BIS' Knight to join Nobel Laureate Meetings

The General Manager of the Bank for International Settlement in Basel, Dr. Malcolm Knight, is to become a new member of the Honorary Senate of the Foundation of Nobel Laureate Meetings in Lindau, Germany, the Council for the Lindau Nobel Laureate…

Lucas critique & the stability of empirical models

This Federal Reserve Bank of Richmond Working Paper, published 14 August, re-considers the empirical relevance of the Lucas critique using a DSGE sticky price model in which a weak central bank response to inflation generates equilibrium indeterminacy.

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