Claudio Borio
Borio-led BIS team proposes new approach to measure output gap
Trying to calculate the output gap using the Phillips curve is problematic, say Basel-based economists; new approach finds financial cycle proxies add ‘significant information' to the estimate
Central banks must lean against boom and bust to retain credibility, says Borio
A more symmetrical response to booms and busts is required to leave policy-makers with the ammunition and credibility to tackle them, says top BIS economist
Risky loans reach pre-crisis levels as banks are increasingly bypassed, warns BIS
Basel-based organisation also frets over impact on corporate bond markets from interest rate normalisation; cross-border lending falls in Q2 as non-banks play increasingly important role
Borio to take over from Cecchetti at BIS; ECB's Cœuré appointed CPSS chair
Claudio Borio promoted from deputy to head up the monetary and economic department in Basel; Benoît Cœuré, the ECB's head of payments infrastructure, to take over from Paul Tucker at CPSS
Barbados moves back into the black
Central Bank of Barbados reports $1.5 million profit for 2010 due to a higher return on securities sales and cost reductions
Look to global output gap: St. Louis Fed’s Bullard
St. Louis Federal Reserve president James Bullard says policymakers should look to global output gap for true measure of domestic inflation
Economics must be more practical: Barbados’s Worrell
Central Bank of Barbados governor DeLisle Worrell calls for more practical approach in economic literature
Central Bank of Barbados - Annual Economic Review 2010
Central Bank of Barbados’ Annual Economic Review 2010 looks at tourism-led recovery in Caribbean state
Barbados’s Worrell on social impact of unemployment
Central Bank of Barbados governor DeLisle Worrell describes employment challenges of everyday Barbadians
Moral hazard not contained prior to crisis: Norges Bank paper
Norges Bank paper co-authored by Bank for International Settlements' Claudio Borio points to lessons from the Nordic experience
BIS’s Borio on the paradox of financial instability
Bank for International Settlements’ Claudio Borio warns that system appears strongest when it’s most vulnerable
Barbados’ Worrell: supervisors of the region unite
Central Bank of Barbados’ governor urges Caribbean supervisors to ramp up cooperation
Stability framework possible despite data challenge: Borio
Bank for International Settlements’ Claudio Borio says measurement of financial stability is the major challenge
Unconventional monetary policy reviewed
Claudio Borio and Piti Disyatat set out a framework of definitions to help categorise and clarify the functions of various monetary policy tools, and assess central banks’ actions since the crisis
Reflections on liquidity crises: Borio
The BIS’s Claudio Borio discusses ten propositions on liquidity crises, including the importance of improving buffers and the need for principles on central bank liquidity provision
Interview: Marion Williams
Blair Baker spoke to the governor of the Central Bank of Barbados about the how the crisis has affected the island economy and the challenges she faces
Central Bank of Barbados – 2008 Annual Report
Worsening economic conditions contributed to a decline in growth; tourism and manufacturing affected
Barbados's Williams: FSB to look at corporates
It is important to clarify whether the Financial Stability Board's mandate extends beyond banks to the wider corporate world, said Marion Williams, the governor of the Central Bank of Barbados.
Barbados' Williams: watch conglomerates
There is further room for improvement in conglomerate supervision, said Marion Williams, the governor of the Central Bank of Barbados.
Barbados' Williams warns storm brewing offshore
The chances that Barbados's economy will shrink in 2009 have intensified with the declining economic fortunes abroad, admitted Marion Williams, the governor of the country's central bank.
Barbados feels the crunch
In the first half of the year, Barbados's economy suffered under the weight of high oil and commodity prices and the slowing global economy, reports the Central Bank of Barbados in its economic review.
Barbados - Q1 review
Boosted by a rebound in tourism activity and a moderate expansion in manufacturing output, the Barbadian economy performed well in the first quarter of the year.
Barbados' Williams praises finance industry
The performance of the domestic financial sector in Barbados over the past 25 years has been nothing short of spectacular, said Marion Williams, the governor of the Central Bank of Barbados.
Central Bank of Barbados - Annual Report 2006
Unemployment in Barbados hit an all-time low of 7.6% in 2006.