Central Banks
Oil price falls may have negative effects on global economy, ECB warns
Falling oil prices may negatively affect global GDP growth and could threaten financial stability across emerging markets, ECB bulletin says; demand not supply now main pressure on prices
Liikanen calls for more macroprudential tools in Finland
Bank of Finland governor says new tools should be provided before there is a need to use them; warns of risks associated with growing debt-to-income ratios alongside weaker long-term growth
PMA aims for better credit allocation with upgraded scoring system
Palestine Monetary Authority rolls out latest version of its credit scoring system; new categories and adjusted variables designed to improve credit allocation
IMF paper points to short-term benefits of product market reforms
Authors find product market reforms can deliver benefits in short term as well as long, though effects may be curtailed where credit is constrained
Governor cites stabilising inflation as Bank of Uganda cuts
Bank of Uganda cuts policy rate to 15% on back of inflation outlook; Tumusiime-Mutebile says central bank wants to have an "impact" on the state of economy where possible
Singapore central bank creates AML and enforcement departments
Monetary Authority of Singapore hopes to “enhance supervisory focus”; shake-up follows what Ravi Menon described as the worst case of control lapses in the financial sector
Wu Xiaoling warns of growing risks in China’s financial system
Top Chinese economic policy-maker hits out at use of complex financial products, saying China must learn lessons from the global financial crisis before risks get out of hand
Establishing rules of the game for the international monetary system
A traffic-light system for monetary policies could be adopted to prevent a ‘race to the bottom' spate of tit-for-tat measures adopted to address international spillover effects, argues Prachi Mishra
China's growth: a complex trading picture
China’s minister of commerce Gao Hucheng reveals four central opportunities that will arise in the course of the Chinese market’s development
Tackling China’s structural challenges
Minister of finance Lou Jiwei reflects on how China is tackling four long-term roadblocks that threaten stable economic growth
Gu Shengzu on unleashing innovation to support Chinese growth
Vice-chairman of the Financial and Economic Affairs Committee of the National People’s Congress Gu Shengzu discusses five key elements in China’s economic transformation
Difficulties and prospects facing the Chinese economy
Ning Jizhe, deputy director, National Development and Reform Commission, examines what lies in store for the China economy during the coming year
The role of innovation and consumption in China's growth transformation
Former World Bank chief economist Justin Yifu Lin analyses the benefits of China potentially transforming itself into a high-income country by 2020 as well as the wider global implications
Promoting Chinese growth through technology
Ma Weihua, executive vice-president of the IFF and president of the National Fund for Technology Transfer and Commercialization, explains why the time is ripe for innovation
The IFF China Report 2016: Introduction
The aim of the IFF China Report 2016 is to offer readers a unique insight into the inner workings of China’s economy by providing perspectives from its top leaders, policy-makers and financial experts
Opportunities and risks from economic recovery
Former prime minister of Japan Yukio Hatoyama, chairman of the IFF Advisory Committee, welcomes the shift in China’s direction towards sustained growth through structural reforms
China makes strong start on economic transition
The past year has been one of progress for China’s structural reform plans. Zhang Hongli, IFF Academic Committee member and vice-president of ICBC, examines the forward momentum
Deepening reform of the financial system
Governor of the People’s Bank of China Zhou Xiaochuan examines the Central Committee’s proposals set out in the Thirteenth Five-Year Plan of national economic and social development
Reforming the Chinese banking system
China Banking Regulatory Commission chairman Shang Fulin explains how the banking system can evolve to safely support sound and sustainable development
Promoting China’s financial liberalisation agenda
Increased risks are an inevitable upshot of greater innovation and disruption in the banking sector, but they can be mitigated, writes Zhang Liqing of the Central University of Finance and Economics
Accelerating China's capital market reform and cutting debt risks
Recent events have demonstrated that financing difficulties in the real economy persist. Chu Xiaoming, chairman of Shenwan Hongyuan Securities, looks at how the government can tackle these risks