International Monetary Fund (IMF)
Recovery will be fragile and unpredictable: Bank’s Sentance
Bank of England’s Andrew Sentance says also that fiscal consolidation may not be as bad as expected
Accounting overstates banks’ health: IMF paper
International Monetary Fund research finds banks not as healthy as their balance sheets suggest
IMF names new secretary, director of internal audit
International Monetary Fund’s Strauss-Kahn nominates Siddharth Tiwari for director of the secretary’s department of the Fund and Russell Kincaid for director of the office of internal audit
Instability hampers finance: IMF
International Monetary Fund looks at market access for the world’s poorest countries
Mauritius buys IMF gold
International Monetary Fund sells two tonnes of gold to Bank of Mauritius
China to keep policy “moderately loose”; hint at yuan appreciation
People’s Bank of China to maintain accommodative policy stance, suggests renminbi appreciation could be possible
Multilaterals define systemic importance
Report suggests an initial framework that can be adapted by individual countries
Output does not rebound, but recovers in the long run
A new working paper from the IMF argues that the absence of simultaneous banking and currency crisis and high levels of investment shore up output in the medium term
Chiang Mai a complement, not substitute to IMF aid
Senior ASEAN official stresses that the regional reserve pool is not intended to replace support from other multilateral agencies
Asia’s moment
The timely infusion of government support has led to a resurgence in Asia that has caught observers off guard, argues Malan Rietveld
India buys 200 tonnes of IMF gold
The Reserve Bank of India purchases just under half of the IMF’s sale quota for $6.7 billion
IMF upbeat on Hong Kong
GDP predicted to grow 5% next year after 2% contraction in 2009, says IMF
A new transmission model – research
An IMF working paper outlines a panel unobserved components model of the transmission mechanism
Raise inflation target to avoid slump – IMF report
International Monetary Fund study looks at how monetary policy can help hold off a protracted deflationary and economic slump when policy rates are near zero
Hungarian regulator’s role to be amplified
Hungarian Financial Supervisory Authority will get more independence and the right to issue regulations if government proposal clears parliament
Eichengreen backs Fund as global lender of last resort
Berkeley economist Barry Eichengreen believes International Monetary Fund should in time take on the mantle of global lender of last resort
Interview with Barry Eichengreen
Berkeley economist Barry Eichengreen talks to CentralBanking.com on the IMF’s new role, reserve currencies and the future of economics as a science
IMF’s Lipsky on lessons from past crises
IMF deputy managing director discusses what has been learnt from the crises, and how emerging markets have avoided the worst
Korea considering shifting dollar assets to gold
Korean central bank reportedly interested in diversifying reserves; favours gold over dollar
Nigeria’s woe signals decoupling not in sight
International Monetary Fund finds developing and emerging markets did not decouple from the United States enough to grow despite significant recession in the world’s largest economy
De Larosière: don’t rush regulatory reform
Former governor of the Banque de France warns governments against rapid change for the finance industry
Finland’s Liikanen pushes for Fund reform
Bank of Finaland’s Erkki Liikanen says quota reform only starting point for change at the International Monetary Fund
External balances in low-income countries
International Monetary Fund research offers empirical analysis of balances in low income countries