International Monetary Fund (IMF)
IMF paper on implementing inflation targeting
The International Monetary Fund Working Paper "Implementing inflation targeting: Institutional arrangements, target design, and communications" focuses on three elements of inflation targeting most closely associated with transparency.
BoE's King: reform of international institutions
In the speech 'Through the looking glass: Reform of the international institutions' given on 21 December Mervyn King of the Bank of England said the IMF must focus on the spillover effects of economic policies and ensure its work is independent of member…
Kato on economic growth in the Arab countries
In the speech 'Institutions and economic growth in the Arab countries' given on 19 December Takatoshi Kato of the IMF said there is an enormous potential in the Arab region for improving the business environment.
Elements of optimal monetary policy design
This International Monetary Fund Working Paper reviews the relevant economics and social psychology literatures with a view to providing some insights into the question of optimal monetary policy committee design.
IMF's Kato on communications
In the speech 'Enhancing macroeconomic policies through communications' given on 18 December Takatoshi Kato of the IMF said the world economy has now seen several years of strong growth.
Sveriges Riksbank Economic Review 3rd Quarter 2006
The Sveriges Riksbank published its Economic Review for the 3rd Quarter 2006 on Monday 18 December. The latest edition includes the article "Who is paying for the IMF?."
Rethinking the governance of the IMF
This International Monetary Fund Working Paper attempts to set out the principal issues that need to be resolved in formulating a proposal for quotas and voice reform in the IMF that could command broad support.
SBP's Akhtar warns speculators of punitive steps
The governor of the State Bank of Pakistan, Dr Shamshad Akhtar, announced on Sunday 10 December that while the SBP would not intervene to stabilise the rupee exchange rate, it would take punitive action against market speculators.
IMF's Rajan on a global shortage of fixed assets
In the speech 'Is there a global shortage of fixed assets?' given on 1 December Raghuram Rajan of the IMF said investment does seem to be picking up steadily.
IMF paper on goal-independent central banks
The IMF Working Paper "Goal-independent central banks: Why politicians decide to delegate" develops a model which explains why the expected negative relationship between central bank independence and inflation is not empirically robust.
IMF strengthening framework for surveillance
The IMF on 29 November released the staff report on the revised and extended methodologies for exchange rate assessments by its consultative group on exchange rate issues.
De Rato: how to integrate financial and real secto
The managing director of the IMF, Rodrigo de Rato, on 23 November discussed the challenges facing policymakers in integrating financial and real sectors of the economy.
IMF ups eurozone growth forecast
The IMF's European department director, Michael Deppler, said on 28 November that the Fund has raised its eurozone growth forecast for both this year and next.
SA's Trevor Manuel to lead G20
South Africa's veteran finance minister, Trevor Manuel, has called on the group of 20 (G20) finance ministers and central bank governors to "build windmills in the calm of current global financial stability."
Focus on distortions - Blanchard
In his Mundell-Fleming Lecture, MIT economist Oliver Blanchard suggests that the outcome of potential government intervention to address current global imbalances is uncertain.
European reforms of global importance - de Rato
In this speech the International Monetary Fund's managing director, Rodrigo de Rato, suggests that deregulation and financial sector reform in Europe will benefit the continent's economy, and contribute to resolving tensions and potential global problems.
IMF's Rato says more rate rises may be needed
International Monetary Fund managing director Rodrigo de Rato said in an interview with Bloomberg on Friday 17 November that central banks may need to increase interest rates further to keep inflation under wraps, amid faster global economic growth.
Iraqi central bank officials get skills boost
A five-day workshop offering training to officials from the Central Bank of Iraq was launched Monday 13 November in Bahrain.
Economic woes await next Congo president
According to this article published Thursday 9 November by AFX, whoever emerges winner of Congo's recent presidential election will have a hard time wooing back citizens who have given up on institutions in favour of a giant shadow economy.
IMF's Lipsky calls for SA vigilance on rates
South Africa has responded "appropriately" to rising inflationary pressure but needs to remain vigilant, IMF first deputy managing director John Lipsky said on Tuesday 7 November.
Transmission mechanisms of monetary policy-Armenia
The IMF Working Paper "Transmission mechanisms of monetary policy in Armenia: Evidence from VAR analysis" examines monetary policy transmission in Armenia in light of the authorities' intention to shift to an inflation-targeting regime over the medium…
Canada's Dodge on prospering in the global economy
In the speech 'Prospering in today's global economy: Challenges for open economies such as Australia and Canada' given on 6 November David Dodge of the Bank of Canada said the IMF should be able to bluntly tell governments when their policies hurt other…
IMF's Leipold says France can do better
Despite a positive assessment of France's economic performance and policies, the country "needs to do better" the IMF said.
IMF paper on integration of the securities market
The IMF Working Paper "Integration of the securities market infrastructure in the European Union: Policy and regulatory issues" examines the impact of ongoing cross-border integration of securities market infrastructure in the European Union.