International Monetary Fund (IMF)
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.
ECB holds rates, but hawkish tone goes
Jean-Claude Trichet, the president of the European Central Bank, revealed a shift to a more dovish outlook as the governing council held rates at 4% for the eighth straight month.
IMF report notes decline in transparency
The publication rates for some of the International Monetary Fund's country reports fell in 2007, the third annual report on the implementation of the Fund's transparency policy finds.
EU will avoid downturn: Juncker
Europe will not follow the United States into recession said Jean-Claude Juncker, Luxembourg's prime minister and finance minister, on Monday.
Canada's inflation success down to more than luck
The price level in Canada has strayed little from the path implied by the 2% inflation target because expectations and interest rates are determined in a way that is consistent with price-level-path targeting, research published by the international…
Instant cuts the right response to instability
Monetary policy that responds instantly to increased credit risk performs better than a policy that follows the traditional Taylor rule, research published by the International Monetary Fund finds.
IMF lowers growth outlook
The International Monetary Fund (IMF) said on Tuesday that it expects global growth to slow to 4.1% this year, down from 4.9% in 2007.
IMF calls on top state funds to make the rules
The International Monetary Fund has called on sovereign wealth funds in Singapore, Norway and Abu Dhabi to develop a set of benchmarks for transparency.
European and US markets fall despite Fed cut
Stocks listed on European and US bourses continued to slide on Wednesday, following the Federal Reserve's emergency 75 basis point cut on Tuesday.
Brown calls for IMF and World Bank reform
The Bretton Woods institutions must adapt to fit the new global economic order where "contagion can move as swiftly as the fastest communication", said Gordon Brown, the British prime minister.
IMF to review central bank response to turmoil
The International Monetary Fund (IMF) is set to investigate the reaction of leading central banks to the interbank turmoil that hit markets in the wake of the subprime crisis.