International Monetary Fund (IMF)
Why finance gives the West a bad name
Robert Pringle, editor of Central Banking, finds much to ponder over in the latest books on money and globalisation.
Interview: Fatih Özatay
The vice-governor of the Central Bank of the Republic of Turkey explains how the war in Iraq has affected the central bank and discusses its approach to inflation targetting.
Interview: Grigori Marchenko
In conversation with Benedict Mander, the chairman of the National Bank of Kazakhstan discusses reserve management policy, the importance of oil, and the difficulties in retaining staff at the central bank.
IMF Working Paper - The ECB's Money Pillar
In the IMF Working Paper 'The ECB's Money Pillar: An Assessment' Albert Jaeger discusses the case for a money pillar in the European Central Bank's (ECB) monetary policy strategy. The Paper says effective communication of the ECB's monetary policy…
IMF Working Paper - The ECB's Inflation Objective
IMF Working Paper 'The ECB's Inflation Objective' by Mads Kieler. The ECB's objective of medium-term inflation below 2 percent has been portrayed by critics as ambiguous, asymmetric, and excessively stringent. This paper attempts a comprehensive…
Argentine c banker: priorities for new president
The head of Argentina's central bank Alfonso Prat Gay said on Thursday 1 May that the new president of Argentina, to be elected this month, should put sustainable growth at the top of the agenda and establish a long-term IMF deal and debt restructure,…
IMF's Rogoff to return to Harvard
Economic Counsellor Kenneth Rogoff notified IMF Management of his intention to return to Harvard University in the Autumn, 29 April.
IMF: No devaluation, Eastern Caribbean CU sound
The Eastern Caribbean Currency Union was endorsed by a recent IMF meeting, the Antigua Sun reports. The Fund said that there was no need for the long standing dollar peg value to change, for now. But fiscal deficits must be reduced to prevent pressure…
Russian inflation target on track - Ignatyev
Speaking at an economic conference Russia's central bank governor Sergei Ignatyev said inflation should be held under 12 per cent despite IMF suggestions that price rises may be difficult to control, according to the Moscow Times.
Serbia, Montenegro appoint National Bank to IMF
Serbia and Montenegro have agreed to appoint the national bank and its governor as fiscal agents with the IMF, says the Tanjung news agency.
Eduardo Aninat leaving IMF
A brief profile of Eduardo Aninat who will leave his post as Deputy Managing Director of the IMF in June
Brazil's Palocci sees IMF loan despite inflation
Finance minister Antonio Palocci said he expects the next tranche of Brazil's record IMF loan to be approved despite an increase in inflation in the country.
Press release on UK Financial Stability, 3 Mar
PRESS RELEASE - Bank of England, HM Treasury and FSA, IMF "UK Financial Stability Policy Framework is at the Forefront Internationally" 3 March.
IMF says expects rate hike in Canada
The IMF has said Canada may have to increase interest rates as the country is operating close to capacity and inflation presents an increasing danger.
Hong Kong Monetary Authority Press Release
PRESS RELEASE - IMF Mission forecasts a faster growth rate for Hong Kong in 2003.
Brazil's interest rate increase wins IMF support
The IMF praised Brazil's central banks decision to increase interest rates saying that the move will help control inflation.
Interview: Mladjan Dinkic
Yugoslavia’s speedy economic recovery from the Milosevic era has been achieved with a programme of radical reforms by a governor prepared to take risks. The governor discusses the implications of the creation of the new state union of Serbia and…
IMF role in Argentina to be investigated by panel
An International Monetary Fund panel will examine whether the IMF should have done more to prevent Argentina's economic collapse, the first time the independent board will review the fund's handling of a single country.
IMF Working Paper Series
RESEARCH - In the working paper 'Monetary Policy and Asset Prices: Does "Benign Neglect" Make Sense?' Michael Bardo and Olivier Jeanne of the IMF's Research Department consider the potential case for preemptive monetary restrictions when asset price…
IMF Press Release
PRESS RELEASE - IMF Approves Transitional Stand-By Credit Support for Argentina, 24 January.
IMF Press Release
PRESS RELEASE - IMF Managing Director Issues Statement on Transitional Credit Support for Argentina, 17 January.
Nigeria: IMF won't derail African single currency
Nigeria on Thursday reacted sharply to criticism by the International Monetary Fund (IMF) of the proposed single currency for the West African sub-region, warning that no amount of blackmail would stop the project. CentralBankNet reported the IMF…
IMF Working Paper
RESEARCH - The IMF Working Paper "Monetary Union in West Africa: Who Might Gain, Who Might Lose, and Why?" published December 2002 concludes that it would not be in the interests of other ECOWAS countries to enter into a monetary union with Nigeria…