International
No ‘insidious’ German plan for EMU competitive advantage, says Issing
Germany didn’t even have 'the economic intelligence’ to design such a plan
Euro architect says ECB has ‘destroyed’ market discipline in Europe
All the elements in place to bring “disaster” to the monetary union, says Otmar Issing
US spillovers stronger for some countries than others – IMF paper
Paper assesses how US normalisation will spill across borders
ECB officials and Borio disagree on falling real rates
Vítor Constâncio and Claudio Borio offer differing interpretations
Carney: green finance could help reverse long-run rate decline
Bank of England governor says green finance has the potential to send capital where it is most needed
The Chinese G20 presidency may mark a turning point
Mark Uzan defends the oft-criticised G20 communiqué
Japanese researchers model success and failure of international cooperation
Incentive to renege on an agreement can be overcome, economists say
BIS paper digs into complex spillovers from US rates
Transmission at longer maturities and via bond markets is high
A year of progress for Chinese reforms, but there is much still to do
PBoC deputy Pan on China’s growth prospects, RMB reform and stock market volatility
Mexican deputy calls for reinforced ‘global financial safety net’
IMF should be at the heart of global financial stability, Calafell says
Establishing rules of the game for the international monetary system
A traffic-light system could prevent a 'race to the bottom'
The renminbi and the international monetary system
The role of RMB post-SDR inclusion
Lin Jianhai: The state of the global economy
IMF secretary general on global challenges and China’s economic transition
Han Seung-soo: financial opening and the renminbi
Now is the time to remodel the international financial system
Stanford's John Taylor on the global monetary system and central bank co-operation
The Stanford University professor believes rules-based policy could restore global stability
John Taylor offers way out of downward interest rate spiral
Return to more “rule-like” policy-making could help bring easing cycle to an end
Towards a more stable monetary world order
Global network of central banks could manage asset and FX price expectations
Latin American countries may be especially exposed to US monetary policy, paper finds
Economic fundamentals explain most differences in response, researchers say
Rajan and Mishra lay down rules of the monetary game
Authors warn current models may display the policy biases of those who built them
Fed QE drives portfolio rebalancing towards foreign assets, Brazil paper finds
Research analyses ‘comprehensive’ dataset for Brazilian capital flows
Currency networks shape global spillovers, BIS authors find
Authors make use of recently enhanced BIS datasets to map currency networks
Rajan offers solution to global policy spillovers
RBI governor sketches rating system designed to hold central banks to account
RBI paper questions impact of global spillovers
Authors find global spillovers are limited in India