International Monetary Fund (IMF)
IMF: credit markets key to economic recovery
IMF study shows that a healthy financial sector is essential to a speedy recovery in the economy
Fund takes charge on better financial data
IMF will up the frequency of data on international investment positions, and recommend that members add soundness indicators and tables showing duration before debt maturity
Basel principles don’t guarantee stability: IMF paper
Complying with the Basel principles on supervision does not enhance the soundness of banks, Fund economists find
IMF: global inter-connectedness aggravated recession
IMF paper shows global interconnectedness increased output volatility during recession as trade-dependent economies were worst hit
IMF: Bolivia foreign reserves adequate
Research charts developments since 2005
$500 billion reserve drain made crisis worse: IMF’s Ferhani
Deputy director says IMF research shows central bank reserve managers withdrew $500 billion from deposits at commercial banks during crisis
Gold could play solid stability role
World Gold Council's George Milling-Stanley pushes for Basel III and SDR to be gold plated
IMF calls for originators to have more exposure to tranches
Study shows that exposure to securitised loans does not imply risk-neutral behaviour
The end is nigh for the eurozone over Greece
Economists Geoffrey Wood and Charles Dumas say the Greek debt crisis is set to tear asunder Europe’s poorly built Economic and Monetary Union, split over IMF bailout
IMF calls for Zimbabwe to scrap governing board
Fund acknowledges success of multi-currency regime at close of Article IV consultation
Merkel and central bankers clash over Greek fix
Bundesbank shows reluctance to back Merkel; ECB president Trichet pushes for European rescue fund to aid beleaguered eurozone members
Fullani: reassures parliament on steady recovery
Bank of Albania governor Ardian Fullani reassures lawmakers of continued growth following IMF performance review
Only the IMF can save Greece: Berlin
German government backs away from a European bailout for debt-ridden Greece, Fund rescue looks increasingly likely
ECB’s Stark contests IMF paper
Jürgen Stark argues that an inflation target at the 4% level would do more harm than good
IMF explains peso appreciation in the 90’s
IMF paper shows that gains in total factor productivity and more competitive pricing for tradable goods explains the historical appreciation of the peso
European monetary fund won't pay
Marco Annunziata, the chief economist at UniCredit, argues against the creation of a European monetary fund
Stelmakh to remain Ukraine chief for now
National Bank of Ukraine governor Volodymyr Stelmakh will remain in office for the time being having overstayed term limit by three months, according to new prime minister
Trichet keeps open mind on European Fund
European Central Bank president Jean-Claude Trichet says more details must emerge before making a firm decision for or against a European monetary fund
Canada develops own version of the GPM
Model to predict global growth developed in conjunction with IMF
RBA’s Lowe latest to dismiss inflation target hikes
Reserve Bank of Australia assistant governor Philip Lowe says IMF paper’s suggestion of raising inflation targets not sensible, says higher targets would damage supply side
IMF highlights risks of FX swaps
IMF paper finds that the use of foreign exchange (FX) swaps for funding and hedging purposes is not as infallible as previously thought, especially in periods of market stress
Fund economist: Lost Decade shows need for higher inflation targets
IMF economist Daniel Leigh points to evidence from Japan’s Lost Decade that shows hiking targets would have shorn output losses
DSK on Africa’s economic transformation
International Monetary Fund managing director Dominique Strauss-Kahn describes the Road Ahead for Africa at the Kenya International Conference Centre in Nairobi
Brussels and Paris push for European monetary fund
Finance ministries of France and Germany begin devising proposals for Europe’s own Fund, body would be geared at removing bailout security net as well as providing help to euro countries