Economics
CEE more vulnerable to exchange-rate shocks
National Bank of Hungary looks at the transmission of monetary policy in Central and Eastern Europe
Bank of Canada – Monetary Policy Report January 2010
Bank of Canada’s Monetary Policy Report shows economic growth resumed in the third quarter of 2009
Samoa to focus on financial inclusion: Scanlan
Central Bank of Samoa’s Leasi Papali'i Scanlan says bank’s mandate expanded by financial inclusion
Bank of Slovenia – Monthly Bulletin December 2009
Bank of Slovenia’s Monthly Bulletin shows domestic economy is improving despite unemployment rising
China must look to interest rates: OECD
Paris-based organisation calls on Chinese central bank to move interest rates rather than putting liquidity controls in place
No hikes if inflation stays below 8.5%: RBI
Indian central bank’s governor and deputy governors say hikes could dampen growth, key rates to stay flat unless inflation exceeds 8.5%
Former T&T governor blasts successor
Former governor of the Trinidad and Tobago central bank Winston Dookeran criticises current head Ewart Williams, saying his economic forecasts are out of touch
Africa mostly sheltered from remittances drop
International Monetary Fund looks at the impact of the global economic crisis on African GDP via the remittance channel
Sukuk financing key for Malaysian economy – Zamani
Bank Negara Malaysia’s Zamani Ghani says Islamic finance is the main source of financing for Malaysian businesses
Turkey’s inflation forecast unchanged despite hike
The Central Bank of Turkey’s quarterly Inflation Report shows inflation hike end-2009 temporary
ECB – Structural Indicators for the EU Banking Sector
European Central Bank (ECB) publishes its latest report Structural Indicators for the EU Banking Sector
Non-energy diversification key: Trinidad and Tobago’s Williams
Trinidadian central bank governor Ewart Williams says the non-energy private sector needs care and development to ensure future growth
Monthly report (January) – Bank of Japan
Bank of Japan sees upward pressure on corporate goods prices, increases in exports and production
A new default and credit risk model for Korea
Bank of Korea research develops a model to estimate the probability of default using new indicators such as debt-to-equity ratios that better explain behaviour
Malawi’s reserves insufficient and volatile: Ligoya
Reserve Bank of Malawi’s Perks Ligoya says export diversification needed to generate stable foreign-exchange income
Joint fiscal stimulus does everyone good
Bank of Canada looks at the potential effect of the joint fiscal policy initiatives of the G20 in 2009 and 2010
Services inflation must fall: Bank’s Sentance
BoE rate-setter Andrew Sentance says spike in goods inflation is increasing pressure for services inflation to be controlled
Labour shifts and productivity analysed
Bank of Canada paper finds that while overall labour reallocation has picked up, movement between jobs in the same industry, which causes increases in productivity, has declined
IIF sees sharp rise in emerging-market capital flows
Significant about-turn sees anticipated flows leap above 2008 figures; pick-up most marked in emerging Europe
Denmark names professor new economics head
University of Copenhagen’s Peter Birch Sørensen to move to the National Bank of Denmark in April
Bank of Canada – Business Outlook Survey (winter 09/10)
Canadian firms expected both their costs and the prices they charged to increase over this year, signalling an end to the slump in demand
IMF more upbeat on growth
Global economy now set to expand by 3.9% this year, according to World Economic Outlook Update
BoJ more optimistic on growth, deflation
Bank of Japan lifts economic projections in sign it sees policy as sufficient
S&P places Japan on negative watch
Rating agency argues fiscal leverage has diminished; decision comes after central bank opts not to extend quantitative easing