Economics
Fiscal surveillance needs more timely data
Quarterly data from the European System of Integrated Economic Accounts should be used for real-time fiscal surveillance in Europe, new research from the European Central Bank finds.
Finland's Liikanen: euro brought price stability
The European monetary union has fulfilled and even exceed expectations in terms of monetary and price stability, said Erkki Liikanen, the governor of the Bank of Finland.
Central Bank of Peru - Annual Report 2007
The Peruvian economy expanded by an impressive 9% last year - the highest growth rate for more than 13 years, the central bank's latest Annual Report reveals.
IT a key engine of banking growth: RBI's Thorat
Usha Thorat, a deputy governor at the Reserve Bank of India, believes IT has played a key role in the rapid expansion of the India banking industry over the last five years.
Norway's Gjedrem explains growth phenomenon
Svein Gjedrem, the governor of the Bank of Norway, has highlighted three reasons why economic growth was high between 2003 and 2007.
ECB's Papademos on the EU's and China's challenges
Lucas Papademos, the vice president of the European Central Bank, has outlined the common challenges and domestic concerns faced by policymakers in China and the European Union.
Silicon Valley typical of US R&D geography
Research and development (R&D) activity in the US tends to be heavily geographically concentrated, a paper published by the Philadelphia Federal Reserve finds.
Qatar Central Bank - Annual Report 2007
Qatar's state budget realised a surplus for the seventh-straight year in 2006, the central bank's latest Annual Report reveals.
Indian growth still on track: RBI's Subbarao
Duvvuri Subbarao, the new governor of the Reserve Bank of India, has said that the country's economy will continue to expand at a rapid rate despite growth recently dipping to a three-year low.
ECB's Trichet on information-sharing's importance
Jean-Claude Trichet, the president of the European Central Bank, believes it essential for central banks to share pertinent information about their domestic economies with their peers.
Central Bank of Honduras - Annual Report 2007
The Central Bank of Honduras raised rates four times last year to combat a surge in inflation, the institution's latest Annual Report states.
GCC to pick home for regional central bank
Gulf states involved in plans to create a regional central banking hub are to choose a location for the institution next week.
Globalisation impacts exchange rates
Globalisation has important implications for the interaction of exchange rates and the overall economy, new research published by the European Central Bank suggests.
Central Bank of Aruba - Annual Report 2007
An influx of tourists from Venezuela boosted Aruba's economy in 2007, the latest Annual Report from the country's central bank reveals.
Slowdown will have scant impact on euro inflation
Poor economic growth in the eurozone is unlikely to bring down inflation, Jurgen Stark, a member of the European Central Bank's (ECB) executive board, has warned.
How economic news moves markets
Only a few economic announcements tend to impact markets, research published by the New York Federal Reserve finds.
Bank of Jamaica - Annual Report 2007
During 2007, the Bank of Jamaica was confronted with several challenges to price stability, the institution's latest Annual Report states.
Why less Italian women work
The difficulties involved in reconciling work and family when there are children are among the leading causes of the low female employment rate in Italy, research published by the country's central bank finds.
Japanese productivity boosted by IT
Since the turn of the millennium, technological progress appears to have raised levels of Japanese productivity, new research published by the country's central bank finds.
Beige Book signals economy remains weak
The latest edition of the Federal Reserve's Beige Book, which charts business conditions in the 12 districts overseen by the regional Feds, indicates the pace of economic activity remains slow across most of the US.
SA trade deficit narrows in second quarter
South Africa's trade deficit narrowed from 8.9% of GDP in the first quarter to 7.3% in the three months to June, the country's Reserve Bank reported on Thursday.
Switzerland won't escape slowdown: Jordan
Thomas Jordan, a member of the Swiss National Bank's governing board, believes the global economic decline is likely to reach Switzerland, albeit with a lag.
Developments a mixed bag for Bank: Goodhart
The growth outlook has deteriorated, but there is room for optimism for the Bank of England in other areas, says Charles Goodhart, a former member of the Monetary Policy Committee
Mauritius looks to foster banking sector growth
The Bank of Mauritius is committed to continuing its leading role in the development of the country's banking and financial sector, Jameel Khadaroo, a deputy governor of the central bank, has said.