International Monetary Fund (IMF)
SWFs present systemic risk, require rules
A code of conduct for sovereign wealth funds is essential given their systemic importance, senior officials from the US Treasury and the International Monetary Fund said on Thursday 13 March at Central Banking Publications' Sovereign Wealth Management…
The BIS must become the global central bank
Last year's attempts at central bank coordination fell short, says Krzysztof Rybinski, a former deputy governor at the National Bank of Poland. A global forum is needed.
IMF's Portugal on liquidity provision
Central banks should continue to provide liquidity as needed to assure the smooth functioning of markets, said Murilo Portugal, a deputy managing director of the International Monetary Fund (IMF).
Price-level-path targeting would suit Canada
Simple price-level-path targeting performs slightly better than simple inflation targeting when the Canadian economy is confronted by shocks, states a new Bank of Canada research.
Money growth data helps predict inflation
Money growth statistics can be used to more accurately forecast inflation in the euro area, a new International Monetary Fund paper finds.
Strauss-Kahn complains of "overly powerful" ECB
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, has said that the lack of a political counterweight for the European Central Bank (ECB) has made the institution too powerful.
Financial performance related to policy
A central bank's financial strength is linked with its policy performance, research published by the International Monetary Fund shows.
The rising financial power of emerging markets
Jacques de Larosière puts the rising financial power of emerging markets in perspective and considers the implications for the international monetary system
Into the limelight
Malan Rietveld looks at the dramatic penetration into the heart of the Western financial system by sovereign investors from emerging markets in recent months
Using financial statements proactively
Kenneth Sullivan identifies practical steps central banks can take to resolve problems with existing accounting frameworks and improve financial accountability
Sovereign wealth fund round-up
The creation of a much-mooted code of conduct for sovereign wealth funds edged closer this week after the European Commission submitted its ideas to the region's finance ministers for review in mid-March.
EU should be "driving force" in SWF regulation
The EU should be at the forefront of the effort to supervise sovereign wealth fund investments, the European Commission has said.
Zhou set to stay at People's Bank?
Zhou Xiaochuan, the governor of the People's Bank of China, could remain governor of the central bank according to local media reports.
EU to devise SWF code
The European Commission is to propose a voluntary code of conduct for sovereign wealth funds in a bid to ease fears that their investments could compromise national security interests.
IMF finds formula for trade-shock recovery
Real exchange rate depreciation, along with improvements in government stability and the institutional environment can lead to a speedy recovery from terms-of-trade shocks, research published by the International Monetary Fund finds.
Caribbean budgets need disaster insurance
The natural-disaster-prone economies of the Caribbean need insurance to reduce the vulnerability of their public finances and improve debt sustainability, a new IMF working paper says.
Budget deficits matter more in emerging markets
The effects of budget deficits on interest rates are larger and more robust in emerging markets, a new IMF working paper finds.
IMF head wants harmonisation of collateral rules
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, has called on central banks to coordinate policy on open-market operations.
Emerging markets set to suffer, says IMF head
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, has said that the turmoil in the US subprime market will affect emerging market growth.
Analysing debt sustainability: a fresh approach
Research published by the International Monetary Fund has developed a new framework for analysis of public sector debt sustainability.
No link between early retirement and youth trends
There is little link between rates of early retirement and youth unemployment, research published by the International Monetary Fund finds.
More remittances lead to more corruption
An increase in remittance inflows can lead to a deterioration of institutional quality in the recipient country, research published by the International Monetary Fund finds.
World Bank poll less pessimistic than IMF outlook
Financial turmoil is likely to have a relatively small impact on the global outlook, the World Bank's optimistic Global Economic Prospects finds.
Treasury support linked to operational freedom
As many governments fail to guarantee fiscal backing, a central bank's financial independence is relevant to its operational freedom, research by the International Monetary Fund finds.