International Monetary Fund (IMF)
Paper on debt sustainability assessment
According to the Working Paper "Debt sustainability assessment: The IMF approach and alternatives" by Charles Wyplosz of the Graduate Institute of International Studies, debt sustainability is an essential attribute of good macroeconomic policies but its…
IMF's de Rato says G7 open minded on gold sales
International Monetary Fund managing director Rodrigo Rato said the Group of Seven leading industrialized nations were "open-minded" about allowing the Fund to sell part of its gold reserves.
IMF's Portugal at the Debt Managers Conference
In a speech at a Debt Managers Conference given on 8 February Murilo Portugal of the IMF said debt managers have very successfully taken advantage of market opportunities to improve the structure of their debt portfolios.
What explains the US net income balance?
Despite a significant deterioration in the US net foreign asset position, there has not been a corresponding deterioration in the net income balance. In fact, there has generally been a net income surplus, according to this IMF Working Paper published…
IMF paper on financial sector supervisors
According to the IMF Working Paper "The fear of freedom: Politicians and the independence and accountability of financial sector supervisors" compared with the case of central bank independence, independence for financial sector supervisors remains more…
IMF's Lipsky on emerging market economies
In the speech 'Developing deeper capital markets in emerging market economies' given on 2 February John Lipsky of the IMF said well-functioning local capital markets make a vital contribution to the efficiency and stability of global financial…
IMF paper on workers' remittances in Sri Lanka
In the IMF Working Paper "Are workers' remittances a hedge against macroeconomic shocks? The case of Sri Lanka" the authors estimate a vector error correction (VEC) model for Sri Lanka to determine the response of remittance receipts to macroeconomic…
IMF's Lipsky at the India-IMF Training Program
In a speech given on 24 January John Lipsky of the IMF said the IMF fully appreciates the complexity of economic policymaking in a world of increasingly integrated national economies.
Report recommends limited IMF gold sales
The report by the Committee of Eminent Persons released has recommended that the Fund sell 400 tonnes of its 3,217 tonnes of gold to finance an endowment fund.
IMF paper on building supervisory structures
The IMF Working Paper "Building supervisory structures in Sub-Saharan Africa - An analytical framework" says that current trends in financial sector development in sub-Saharan Africa are prompting policymakers to focus on the design of appropriate…
Davos/G20 report on monetary system
"An important transformation of the international monetary system appears to have begun in which the Group of 20, by virtue of its relatively informal and representative nature, may well prove to be the crucible in which its primary features are forged,"…
Cabraal on Sri Lanka & money laundering
In the speech 'Sri Lanka and its battle against money laundering and terrorist financing activities' given on 26 January Ajith Nivard Cabraal of the Central Bank of Sri Lanka said the International Monetary Fund has estimated that the aggregate amounts…
IMF's Rato on meeting global economic challenges
In the speech 'Meeting global economic challenges: How Europe can support a multilateral approach' given on 17 January Rodrigo de Rato of the IMF said financial globalization has made possible the financing of global economic imbalances on a scale…
IMF chief calls for flexible yuan, warns BoJ
The head of the International Monetary Fund said Monday 22 January that greater flexibility in China's exchange rate will help Asian economies cope with potential risks from sharp capital inflows.
Rato on ten years after the Asian currency crisis
In the speech 'Ten years after the Asian currency crisis: Future challenges for the Asian economies and financial markets' given on 22 January Rodrigo de Rato of the IMF said Asian countries are more prepared to handle risks stemming from volatility in…
RBNZ announces role for Steve Anderson at IMF
The Reserve Bank of New Zealand announced Friday 19 January that the Head of Risk Assessment and Assurance, Steve Anderson, has been appointed to the International Monetary Fund's (IMF) External Audit Committee.
IMF's Rato on the benefits of partnership
In the speech 'The benefits of partnership: Keynote speech for the inauguration of the central AFRITAC' given on 9 January Rodrigo de Rato of the IMF said the benefits of increased trade are greatest if it is accompanied by improvements in the regulatory…
IMF paper on Kenya's monetary policy
The IMF Working Paper "A VAR analysis of Kenya's monetary policy transmission mechanism: How does the central bank's REPO rate affect the economy?" examines the impact of a monetary policy shock on output, prices, and the nominal effective exchange rate…
Chile's Corbo on the Fund's medium-term strategy
In the speech 'The Fund's medium-term strategy - a view from Latin America and a dialogue with high-level officials' given on 11 December Vittorio Corbo of the Central Bank of Chile said after almost twenty years since the debt crisis of the eighties, a…
IMF paper on financial stability
The IMF Working Paper "Economic integration and financial stability: A European perspective" assesses changes in synchronization of real activity and financial market integration in Western Europe and evaluates their implications for financial stability.
IMF paper on foreign investment in China's banks
The IMF Working Paper "The rise of foreign investment in China's banks: Taking stock" takes stock of the involvement of foreign banks in the Chinese banking sector in the perspective of international experience.
IMF paper on rebalancing China's economy
The IMF Working Paper "Rebalancing China's economy: What does growth theory tell us?" uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high.
IMF says HK peg can withstand strong yuan
The International Monetary Fund on Tuesday 9 January gave its backing to the Hong Kong dollar's peg to the U.S. dollar, saying recent reforms meant the exchange rate could withstand Chinese yuan strength.
Zavala says BCV autonomy vital
Central Bank of Venezuela (BCV) director Domingo Maza Zavala said in an interview he is certain that the institution needs to be autonomous in order to operate properly.