International Monetary Fund (IMF)
IMF research investigates impact of asset prices on credit growth
IMF working paper examines the impact of asset prices on credit growth; concludes monetary policy should consider the impact of asset price movements
IMF discussion note calls for 'bail-ins' for resolution of Sifis
International Monetary Fund discussion note explores the potential for ‘bail-ins’ to resolve problems posed by systemically important financial institutions (Sifis)
IMF working paper finds dual-mandate central banks cannot meet social optimal level
International Monetary Fund working paper finds central banks that have both a price and financial stability mandate cannot achieve both to the social optimal level
Renminbi could be adopted into SDR by 2015, says CentralBanking.com panellist
Latest Central Banking On Air debate asks if reserve mangers should invest more in emerging markets; panellists believe renminbi will be adopted as part of SDR with just the timescale in question
IMF resources set to rise by $430 billion
IMF to receive up to $430 billion in additional funding; fund stresses resources are “not earmarked” for any region in particular
Central banks are now ‘market makers of last resort’, says Fischer
Bank of Israel governor Stanley Fischer says central bankers have learnt a lot about the liquidity trap and expansionary monetary policy since the advent of the global financial crisis; explains thinking behind Israel’s rate rise in July 2009
IMF sounds warning over European deleveraging
Lagarde hopes to ‘significantly’ increase resources available to the IMF during spring meeting; Financial Stability Report also recognises need for increased firewall as deleveraging rages on in Europe
IMF working paper examines China’s current account imbalances
IMF working paper concludes that total rebalancing has not occurred in Chinese economy as domestic imbalances increase and external imbalances fall
IMF warns of 'full-blown panic' eurozone break-up would cause
Latest IMF World Economic Outlook discusses possibility of a break-up of the eurozone; says disorderly exit of one member country would have untold knock-on effects
PBoC decision to widen trading band welcomed
Chinese central bank announces “enlarged” floating band of renminbi trading prices against the US dollar; analysts and IMF welcome decision
Lagarde hopes for progress on IMF resource increase
IMF managing director sets out hopes for Spring Meetings; wants to see increase in resources and emerging market representation reform agreements
IMF working paper discusses cashflow sensitivity since financial crisis
IMF research links firms' cashflow sensitivity and their ability to use physical assets as collateral since the financial crisis
IMF working paper studies impact of financial crisis on low-income countries
International Monetary Fund research investigates shocks that caused the crisis; concludes that low-income countries must take broader view when forming monetary policy
IMF research links wage growth and unemployment in South Africa
Fund working paper asserts link between wage rate growth exceeding productivity growth and rising unemployment in South Africa
Lagarde believes strong US role key to global recovery
IMF chief says US leadership vital; interconnectedness of the global economy means US has a stake in European and global recovery
IMF funding aids Sri Lanka in building reserves
Central Bank of Sri Lanka notes role IMF loans have played in helping build reserves in the country; latest tranche received on April 2
IMF paper studies decline in vertical fiscal imbalances
IMF working paper highlights reasons behind the decline in vertical fiscal imbalances in four European countries; says VFIs always come under scrutiny at times of fiscal austerity
IMF paper focuses on future of risk-weighted assets
International Monetary Fund working paper discusses the differing perceptions of risk-weighted assets and the measures that may remedy the imbalances in how these assets are perceived
IMF paper airs inflation fears for US monetary policy
IMF working paper finds continued loose monetary policy can only be maintained if inflation expectations are kept in check
IMF research finds exchange rate variations affect exports
International Monetary Fund study of renminbi fluctuations finds that variance in exchange rate impacts on exports of neighbouring developing economies
IMF's Shinohara airs concerns over slowing Asian growth
Weak demand in Europe and US has potential to harm growth prospects for Asia, says IMF deputy managing director
IMF working paper links democracy and GDP growth
International Monetary Fund researchers conclude that income inequality is key driver to the emergence of open societies
IMF paper finds supply-side measures can help combat food price inflation
International Monetary Fund working paper suggests interest rate or administrative changes in emerging economies are unlikely to be as effective as supply-side initiatives
IMF working paper suggests financial sector reform key to rebalancing Chinese economy
Reforms that lead to real interest rates rising and appreciate the real effective exchange rate would contribute to rebalancing growth in China toward private consumption, finds IMF research