Speech
Obstfeld on global monetary reform
Berkeley economist says International Monetary Fund may be right organisation to act as a global lender of last resort
Reducing regulatory arbitrage key challenge: RBI’s Thorat
Reserve Bank of India’s Usha Thorat says regulators must focus on minimising international regulatory arbitrage
Uribe: restricted FX exposure helped Colombia
Central Bank of Colombia’s José Dario Uribe says the limited exposure of the country’s corporate sector to currency risk sheltered it from Lehman’s collapse
Central bankers must understand financial engineering
Harvard Business School’s Robert Merton says senior management and regulators need a good knowledge of financial engineering
Goodhart says regulatory outlook unclear
London School of Economics’s Charles Goodhart says the process of reaching international agreement has become more difficult
Global liquidity provision system needed: IMF’s Blanchard
International Monetary Fund’s Olivier Blanchard says flexible credit lines have the potential to reduce the reserve-accumulation drive
India profited from tailored reform: Chakrabarty
Reserve Bank of India’s Kamalesh Chakrabarty says progressive but cautious policies contributed to financial stability amid international financial turbulence
ECB’s González-Páramo cautions on fiscal burden
European Central Bank's José Manuel González-Páramo says fiscal exit strategies need to start alongside economic recovery
Self-regulation has its limits: France’s Noyer
Banque de France’s Christian Noyer says turmoil has underlined weaknesses in financial sector’s ability to police itself
Use political will to reform finance: Buba’s Weber
Bundesbank’s Axel Weber says political momentum should be utilised to reform global financial market architecture
Shirakawa cites balance-sheet adjustment as key
Bank of Japan governor Masaaki Shirakawa says balance-sheet adjustments in US and Europe are becoming more important as risk of collapse abates
ECB’s Stark on preserving price stability
European Central Bank’s Jürgen Stark says no role for government in monetary policy
Floating rate key defence, says Colombia’s Uribe
Central Bank of Colombia’s José Uribe says a flexible exchange rate proved crucial in coping with the global financial crisis
ECB’s Stark –regulation must remain on the agenda
European Central Bank’s Jürgen Stark says policymakers should remained focused on improving regulatory framework despite economic “green-shoots”
Macao links China and Portuguese-speaking countries – Teng
Monetary Authority of Macao’s Anselmo Teng says the country is an important economic link between China and Portuguese-speaking countries
How the Philippines is responding to the crisis
Central Bank of the Philippines' Amando Tentangco Jr describes policy response to crunch
Ethics and values in the financial community
Reserve Bank of India's Duvurri Subbarao says no evidence bankers are inherently less ethical, just subjected to more temptation
Shirakawa stresses importance of co-operation
Bank of Japan's Masaaki Shirakawa emphasises unity
SNB's Jordan: no need for policy move just yet
Swiss National Bank's Thomas Jordan says danger of deflation still not completely averted
Malaysia’s Zeti: bond market key to keeping savings
Bank Negara Malaysia’s Zeti Akhtar Aziz says a robust Asian debt market is crucial for investments to remain region
T&T’s Williams – financial education in schools needed
Central Bank of Trinidad and Tobago’s Ewart Williams says financial education should be the school curriculum
Sweden’s Oberg says inflationary pressures not there
Sveriges Riksbank’s Svante Oberg says policy rate will remain low
Zeti: Islamic finance passed the crisis test
Bank Negara Malaysia’s Zeti Akhtar Aziz says the strength of Islamic finance was tested during the global financial crisis
Trichet: asset prices impact policy
European Central Bank’s Jean-Claude Trichet says that asset-price dynamics impact the central bank’s policy decisions