International Monetary Fund (IMF)
Globalisation adds importance to monetary policy
A stronger case exists for central banks maintaining price stability as the impact of financial globalisation grows, research by the International Monetary Fund finds.
New thinking on large current-account deficits
Governments should not necessarily intervene to reduce the large current-account deficits of the United States and many of the euro area economies, research published by the International Monetary Fund finds.
De Gregorio set to become Chilean governor
Jose de Gregorio, the deputy governor of the Central Bank of Chile will take over from Vittorio Corbio as governor of the central bank later this week, Michelle Bachelet, Chile's president, announced on Monday.
Fed releases first revamped economic projections
The Federal Reserve on Tuesday published the first of its revised economic forecasts as part of the minutes of the 31 October rate-setting meeting.
Impact of globalisation on risk sharing small
Financial globalisation does not result in as much risk sharing as theory predicts, research published by the IMF finds.
Growth slowdown to follow crunch: Japan's Fukui
Toshihiko Fukui, the governor of the Bank of Japan, said he expected global growth to fall to 5% this year as a result of the financial turmoil.
Financial developments in emerging Europe
Emerging Europe needs to ensure factor markets are flexible and financial systems strong to avoid painful economic adjustments, International Monetary Fund (IMF) research finds.
We're half-way to normal, says UK's King
Presenting the Bank of England's Inflation Report for November, Mervyn King, the governor of the Bank, said that key indicators of stress in financial markets had recovered partly from the levels reached in August and September but that the situation was…
Improve enforcement non-EU emerging Europe told
Emerging European economies not yet members of the EU need to better enforce financial regulation if they are to continue to grow, International Monetary Fund research finds.
European central bank response wins plaudits
The reaction of European central banks to the credit crisis gained International Monetary Fund (IMF) approval on Monday.
Regulators need to better enforce securities laws
The effectiveness of securities market legislation is limited by regulators' lack of ability to effectively enforce compliance, research published by the International Monetary Fund finds.
Globalisation loosens banks' grip on inflation
Globalisation not only reduces domestic pressures on inflation but also reduces central banks' ability to control the pace of inflation, argues a research paper published by the International Monetary Fund (IMF).
IMF issues op-risk guidelines
The International Monetary Fund has published guidelines on enhanced market practice and more effective prudential standards for operational risk measurement.
The future of the IMF
Getting the emerging markets involved is the right way to go, says Norbert Walter, the head of economic research at Deutsche Bank, in this op-ed piece written for Central Bank News.
Strauss-Kahn takes over at IMF
Dominique Strauss-Kahn, France's former finance minister, began his five-year term at the International Monetary Fund (IMF) on Thursday. He acknowledged that he is taking over at a time when the Fund desperately needs reform and to reach out to emerging…
IMF reform needs compromise to succeed: De Rato
Rodrigo de Rato, the outgoing managing director of the International Monetary Fund, stressed that if reform efforts were to be successful, a give-and-take spirit was needed.
Define your mission, Paulson advises IMF and Bank
Hank Paulson, the US Treasury Secretary, said that international financial institutions need to better define their core missions, and align staff and other resources accordingly, if they are to remain relevant.
De Rato's final speech presents gloomy outlook
Rodrigo de Rato, the outgoing managing director of the International Monetary Fund, said on Monday that the recent banking crisis has exposed weaknesses and will hamper growth in the coming years.
IMF and World Bank issue joint action plan
The International Monetary Fund and the World Bank said on Friday that they are to launch a joint action management plan.
Politics force Sierra Leonean governor out
Samura Kamara, an International Monetary Fund executive and a former finance ministry official, has replaced James Rogers as the governor of the Bank of Sierra Leone, a public relations officer told Central Bank News on Friday.
India's Reddy on factors set to hamper growth
Y.V. Reddy, the governor of the Reserve Bank of India, said on Thursday that a skills shortage and inadequate infrastructure will curb India's impressive growth record.
Crisis "clouds growth prospects", says IMF
The International Monetary Fund (IMF) has revised its estimates for global growth in 2008 down by almost half a percentage point.
De Rato U-turns on dollar valuation
Rodrigo de Rato, the managing director of the International Monetary Fund (IMF), said on Monday that the dollar was overvalued despite recently saying that he believed the opposite to be the case.
Stiglitz praises Chavez's "Bank of the South"
Joseph Stiglitz, a former World Bank chief economist and Nobel laureate, commended plans put forward by Venezuela's president Hugo Chavez for a regional lender for Latin America.