International Monetary Fund (IMF)
Iraq central bank officials to train in Bahrain
Sixteen high-ranking officials from Iraq's central bank are to undergo advanced training at the Bahrain Institute of Banking and Finance, the Gulf Daily News reported on Tuesday 31 October.
IMF's Ahmed on modernizing the IMF for the 21st C
In the speech 'Modernizing the IMF for the 21st Century' given on 18 October Masood Ahmed of the IMF said the past decade or so has been a particularly challenging one for the Fund and for the 184 countries which are its members.
IMF paper on a Pacific Island common currency
The IMF Working Paper "Pacific Island countries - Possible common currency arrangement" paper examines the potential advantages and disadvantages of adopting a common currency arrangement among the six IMF member Pacific island countries that have their…
Optimal reserve levels in emerging markets
The International Monetary Fund Working Paper "The optimal level of international reserves for emerging market countries: Formulas and applications" presents a model of the optimal level of international reserves for a small open economy that is…
IMF's Rato proposes Murilo Portugal as deputy
Rodrigo de Rato, managing director of the International Monetary Fund proposed the appointment of Murilo Portugal to the position of deputy managing director on Monday 23 October.
IMF paper on currency unions
Against the background of the theory of optimum currency areas, the IMF paper "Beauty queens and wallflowers - Currency unions in the Middle East and Central Asia" analyzes possible sequences for establishing a currency union (CU) in the Middle East and…
Empirical evidence for central bank autonomy
The International Monetary Fund Working Paper "Measures of central bank autonomy: Empirical evidence for OECD, developing, and emerging market economies" presents an update of the Grilli-Masciandaro-Tabellini (GMT) index of central bank (CB) autonomy,…
The measurement of central bank autonomy
The International Monetary Fund Working Paper "The measurement of central bank autonomy: Survey of models, indicators, and empirical evidence" presents a survey of the literature on the measurement of central bank autonomy.
ECB should not look far ahead on rates - IMF
IMF chief economist Raghuram Rajan warned the European Central Bank on Wednesday 18 October not to have a predetermined plan for further increases in eurozone rates but to base decisions on economic data.
IMF seminar on monetary and financial law
The IMF will hold its 2006 Seminar on Current Developments in Monetary and Financial Law at the IMF headquarters on 23-27 October. The theme of the seminar will be Law and Financial Stability. Federal Reserve governor Randall Kroszner will deliver the…
IMF's Carstens steps down for Mexican post
Agustin Carstens, deputy managing director of the International Monetary Fund announced Monday 16 October his intention to leave the Fund with immediate effect to accept an appointment in Mexico President-elect Felipe Calderon's transition team.
IMF's Carstens on opportunities and challenges
In the speech 'Opportunities and challenges for banks and supervisors in an Internationalized Financial System' given on 4 October Agustin Carstens of the IMF said Latin American governments must better supervise banks to avoid future crises and take…
Political instability and inflation volatility
The purpose of this International Monetary Fund Working Paper is to empirically determine the causes of worldwide diversity of inflation volatility.
GCC dollar reserve shift unlikely
Oil-producing GCC countries, which hold most of their currency reserves in dollars, are unlikely to move away from the greenback, according to the IMF's director for the Middle East and Central Asia.
EU draft statement calls for limited IMF reform
According to a draft statement, European Union countries are willing to cede only a ``limited'' share of power in the International Monetary Fund to fast-growing emerging economies.
IMF paper on West African financial integration
The IMF Working Paper "Financial integration in the West African Economic and Monetary Union" assesses the degree of financial integration in the West African Economic and Monetary Union (WAEMU).
Krueger on financial markets and economic growth
In the speech 'Financial markets and economic growth' given on 28 September Anne Krueger of the IMF said failure to develop the financial sector can put an enormous brake on growth prospects.
IMF paper on currency volatility trends
The IMF Working Paper "Common volatility trends in the Central and Eastern European currencies and the euro" asks how much convergence has been achieved between Central and Eastern European (CEE) economies and the eurozone.
IMF paper on asset market participation
The IMF Working Paper 'Asset market participation, monetary policy rules, and the Great Inflation' argues that limited asset market participation is crucial in explaining U.S. macroeconomic performance and monetary policy before the 1980s, and their…
IMF's Carstens on strengthening IMF surveillance
In the speech 'Strengthening IMF surveillance: What have we learned from independent evaluations?' given on 18 September Agustin Carstens of the IMF said we are doing many things to strengthen multilateral surveillance further.
Kosovo banking authority becomes central bank
According to news agency KosovaLive, UN Interim Administration Mission in Kosovo (UNMIK) head Joachim Ruecker signed an agreement on Wednesday 20 September by which the Banking and Payment Authority of Kosova becomes the Central Banking Authority of…
SARB rejects IMF inflation-target suggestion
The government and the South African Reserve Bank have asked the International Monetary Fund (IMF) to stop making policy suggestions that sound prescriptive, South African Reserve Bank Governor Tito Mboweni said on Friday 22 September.
Riyadh to host payment systems conference
A two-day international conference on 'Payment Systems in Saudi Arabia and GCC countries' is to be held in Riyadh from 14 November. The forum will discuss the present mode of electronic access to funds at remote locations and future strategies.
BOT chief denies premiership rumours
Bank of Thailand (BOT) governor M.R. Pridiyathorn Devakula on Wednesday 20 September denied a rumour he had been approached to take the Thai premiership.