International Monetary Fund (IMF)
RBNZ's Brash to help Indonesia on central bank law
NEW ZEALAND/INDONESIA - Reserve Bank of New Zealand governor Donald Brash said on Mar 26, 2001 he was going to Indonesia on Apr 2 to help advise on a new central bank law.
UKRAINE: Former deputy central bank chief detained
Reserves scandal claims former deputy governor
IMF data quality framework
RESEARCH - New IMF working paper considers standards for data quality.
Indonesia says postpones c.bank law debate to May
Indonesia said on Mar 14, 2001 it had postponed hearings on controversial central bank law changes, a move that could help break a deadlock in negotiations with the IMF.
Standards and Codes-A tool for growth- IMF Koehler
SPEECH - Horst Kohler, managing director of the IMF, gave a interesting speech titled "Standards and Codes - A Tool for Growth and Financial Stability" on Mar 7, 2001, at a joint IMF/World Bank Conference on International Standards and Codes. He outines…
Asian currency swap idea 'acceptable'-Manila c.bnk
The Philippines is basically happy with the concept of an Asian web of currency swaps aimed at fending off future financial crises and is forging ahead with discussions on terms, deputy central bank governor Amando Tetangco said on Mar 9, 2001.
Currency crises and foreign reserves-IMF paper
RESEARCH PAPER - In a new IMF working paper, economist Piti Disyatat asks how far a government will run down its currency reserves in defence of a fixed exchange rate. He also uses an optimizing model of currency crisis to determine whether or not a…
On the Long and Short of Central Bank Independence
This paper by Alberto Musalem of the International Monetary Fund finds that higher central bank independence increases fiscal discipline and results in lower inflation. However, it finds that higher central bank independence does not necessarily lead to…
Mussa to step down as IMF economic counsellor
Michael Mussa is to step down as the IMF's Economic Counsellor and Director of the Research Department at the end of his current term in the position, Managing Director Horst Kohler announced on Mar 7, 2001.
Central Bank of Iceland Q1 monetary bulletin
The Central Bank of Iceland published it quarterly Monetary Bulletin on Mar 6, 2001. There is an overview of economic developments in Iceland and the measures taken to slow the economy. There is also an article by chief economist Mar Gudmundsson on…
Standards assessment puts pressure on IMF budget
The IMF's new role assessing how well member countries meet standards fordata dissemination, monetary and fiscal transparency, and bankingsupervision is starting to put pressure on the Fund's budget according to aself-evaluation released by the Fund on…
Currency boards: More than a quick fix?-journal
In the latest issue of the journal Economic Policy, Atish R. Ghosh and Anne-Marie Gulde from the International Monetary Fund, and Holger C. Wolf of George Washington University and NBER have written a paper "Currency boards: More than a quick fix?" This…
Turkey seeks World Banker's help to recover
Senior Turkish World Banker Kemal Dervis arrived in Ankara on Mar 1, 2001 for talks with the prime minister that many are hoping will herald the formation of a new economic team capable of restoring calm.
IMF establishing international capital market dept
The International Monetary Fund (IMF) will establish an International Capital Markets Department to enhance its surveillance, crisis prevention and crisis management activities, the Fund announced on Mar 1, 2001.
IMF advises integrating Korea finance supervisors
A report from the International Monetary Fund has advised South Korea that the Financial Supervisory Commission and the Financial Supervisory Service merge into a single organization, with the status of its chairman on par with the central bank governor.
IMF, Kenya to negotiate on reform package
An IMF team will visit Kenya next month to push for further reforms to put the country's aid programme back on track, officials said on Feb 28, 2001.
Selected IMF working papers published
The IMF has recently published a number of working papers on subjects ranging from inflation targeting, central bank independence, to endogenous growth. Links to the papers are given.
E-banking conference to be held in Philippines
Philippine government officials, bankers, businessmen, academics, and other observers of the Philippine economy will tackle the challenges and opportunities of electronic banking at a conference being held by the Philippines central bank.
IMF sees framework for 'smooth' Lithuanian repeg
The International Monetary Fund (IMF) said on Feb 27, 2001 Lithuania had created conditions for a smooth repeg of the litas currency to the euro from the dollar next year and saw prospects for improved economic growth in 2001.
Indonesia, IMF agree on c.bank independence-Ramli
Indonesia's chief economics minister Rizal Ramli said on Feb 26, 2001 he had reached agreement with the International Monetary Fund on the need to maintain the central bank's independence but stopped short of saying a long running deadlock had been…
IMF to assess Finnish financial sector
Finland will help the International Monetary Fund to prepare an assessment of the Finnish financial sector, which is a new IMF tool for monitoring member country economies, the central bank said on Feb 26.
Breaking the Cycle of World Poverty-Horst Koehler
Horst Kohler, Managing Director of the International Monetary Fund gave a speech at the conference on "Child Poverty, Education, and Health" in London, February 26, 2001. He says he has learnt a lot from his discussions with sub-Saharan African leaders…
Turk PM Ecevit under fire for lira float turmoil
Turkish Prime Minister Bulent Ecevit faces mounting fury at home after sending the lira currency into freefall to try to curb a financial crisis and resisting pressure to reshuffle his beleaguered government.
Reforming the International Fin System-IMF Kohler
The managing director of the International Monetary Fund Horst Hoehler has written an article titled "Reforming the International Financial System" published in The Berne Union 2001 Yearbook, February 2001.