Financial crisis
Canada’s Carney: new capital requirements needed
Bank of Canada’s Mark Carney on building a more resilient financial system
S&P downgrades Latvia, Estonia
Latvia’s and Estonia’s long-term sovereign ratings downgraded, Lithuanian rating’s outlook put on negative watch
France’s Landau on Glass-Steagall’s relevance
Banque de France’s Jean-Pierre Landau addresses robustness of complex financial systems
Russia cuts for fifth time in four months
Bank of Russia lowers policy rate by 25 basis points in effort to stimulate bank lending
No link between capital flight and manufacturing credit
International Monetary Fund examines whether capital inflows affect the impact of the global turmoil on credit conditions for a country’s manufacturing sector
Fed enhancing large institutions’ oversight: Tarullo
Federal Reserve’s Daniel Tarullo says supervision of large institutions to get a new boost
Monetary and fiscal policies must link: RBI head
Reserve Bank of India’s Duvvuri Subbarao says monetary and fiscal policies must be coordinated in the future
Some thoughts on where global finance is heading
An event in Peru earlier this month addressed some of the key questions concerning the international economic order in the aftermath of the crisis.
Thailand’s Nijathaworn on Asia’s Achilles heel
Bank of Thailand’s Bandid Nijathaworn says Asia needs to decouple
UK to return to rules-based approach?
Philip Davis, head of economics and finance at Brunel University, says in an OECD paper that UK might need a more rules-based approach to banking regulation
Past banking crises studies need reassessment
International Monetary Fund finds that many banking crises studies focused on wrong indicators
National Bank of Austria – Research Update newsletter
National Bank of Austria publishes latest Research Update newsletter
Transparency and disclosure limit contagion
Cutting back on information asymmetries can reduce contagion
ECB board member speaks on financial crisis role
José Manuel González-Páramo gives a keynote speech at RiskEurope on the role of central banks in a financial crisis.
Iceland shows need for pan-EU supervisory approach
The Icelandic experience in the current crisis shows that the European Union's (EU) arrangements for cross-border banking supervision and deposit insurance need urgent strengthening, a new paper from Robert Wade, a professor of political economy at the…
Europe's banking fragility needs urgent attention
Europe's banks are so fragile that measures must be implemented within the next 12 months, a paper by Adam Posen and Nicolas Veron, two economists at the Peterson Institute for International Economics, posits.
CEE central banks' reaction mixed on Latvia
The views of officials from other Central and Eastern European central banks on this week's escalation of Latvia's currency crisis are mixed.
Latvia under intensified devaluation pressure
The Bank of Latvia on Thursday issued a strongly-worded statement defending the lats after the Baltic state's currency crisis intensified on Wednesday following a failed government auction.
Macroprudential supervision for BoE - lawmakers
The Bank of England should be given responsibility for macroprudential supervision, recommends a report from Britain's House of Lords Economic Affairs Committee.
India's Subbarao: in crisis better to over-insure
It is safer, in crisis management, to err on the side doing too much rather than doing too little, said Duvvuri Subbarao, the governor of the Reserve Bank of India.
Bank of Sierra Leone - Annual Report 2008
Sierra Leone's economy remained virtually unaffected by the international economic crisis in 2008 and continued to show robust growth, notes the country's central bank in the latest Annual Report.
Norway's Qvigstad: banks need more capital
Banks need more capital to improve access to funding and to be more robust, said Jan Qvigstad, the deputy governor at the Norges Bank.
Further cuts possible in Czech interest rates
Miroslav Singer, the vice-governor of the Czech National Bank, has dropped strong hints that further interest-rates cut will be on the cards if the economic situation demands it.
Spillovers to emerging markets still a reality
The current global financial crisis shows that the notion of possible decoupling of financial markets in developed and emerging economies has been misplaced, a new paper from the International Monetary Fund posits.