The South African parliament has given central bank governor Tito Mboweni anew lever of monetary policy, giving him the right to change the definitionof what type of money commercial banks must hold as reserves.
The government needs to manage the nation's aggregate demand properly and improve its import-dependent industrial structure in order to keep the current account balance in the black, the Bank of Korea said yesterday.
The core of the fiscal policy for 2001 is to concentrate huge flow of cashoutside the bank operation or facilitate their flow through banks, saidBank of Mongolia governor O. Chuluunbat.
Book Review: "Monetary and Exchange Rate Policies, EMU and Central and Eastern Europe" by D. Begg, L. Halpern, C. Wyplosz (Forum Report of the Economic Policy Initiative (EPI)), (Centre for Economic Policy Research (CEPR), 1999) 108pp, £25, ISBN…
The Croatian National Bank has decided to introduce unified obligatory reserve requirements on kuna and foreign currency deposits.
Leonardo Leiderman, head of Latin American Research at Deustche Bank and former head of research at the Bank of Israel, gives a report on the move towards inflation convergence in Latin America.
The Reserve Bank of Fiji has further relaxed monetary policy foolowing the resolution of the coup which began in May earlier this year. GDP is forecast by the central bank to fall by up to 15% this year.
In its latest quarterly inflation forecast, the Bank of England forecasts inflation to go above its 2.5% target in two years time. But deputy governor Mervyn King says this does not mean interest rates have to rise.
Michael Redell replaces David Archer as head of financial markets at the Reserve Bank of New Zealand. The vanacy arose when Archer became assistant governor and chief economist.
In its Article 4 consultation with the Czech Republic, the IMF expressed concerns over the changes to the CNB's legislation.
A new website set up by three economists at the Bulgarian National Bank wants to stimulate debate over whether Bulgaria should euroise its economy.
This paper analyses the institutional framework of central banks in ten Central and East European countries using the ECB as benchmark.
This paper by Professor Willem Buiter considers the pros and cons for Iceland adopting the euro aslegal tender unilaterally i.e. euroisation.
The Bank of Sudan is in the process of reforming the way it implements monetary policy by using more market oriented instruments.
ANNUAL REPORT - The Bank of England has published its Annual Report for the year ended 2000.
ANNUAL REPORT - The Bank of France has published its Annual Report for the year ended 1999.
ANNUAL REPORT - The Reserve Bank of Australia has published its Annual Report for the year ended 1999.
ANNUAL REPORT - The Reserve Bank of New Zealand has published its Annual Report for the year ended 1999.
ANNUAL REPORT - The Federal Reserve Board has published its Annual Report for the year ended 1999.