South Africa saw 3.2% GDP contraction in first quarter after major power shortages
Policy stance remains accommodative as central bank forecasts rising inflation
Sayuri Shirai asks whether MMT might hold the solution to Japan’s stagnation
Bank of Finland paper compares short term credit-to-GDP ratio to "Basel gap"
Non-financial corporate liabilities reached nearly $20 trillion in Q1 2019, Fed data shows
Increasing global concern about climate change is causing central banks to take notice of the issue and its potential implications. Frédéric Samama, head of institutional client coverage at Amundi, examines the findings of Central Banking’s survey on…
Using a broader measure than debt-to-GDP, levels are almost double, they say
Governor predicts steady growth for the country
Enhancing Fed communication is an “essential component”, Cleveland Fed chief says
Insight and perspectives from the world's leaders, premier policy-makers and financiers
Located at the start of the Maritime Silk Road, the Guangdong–Hong Kong–Macau Greater Bay Area seeks to harness advanced technology and green finance to catch up with the economically advanced bay areas of New York, San Francisco and Tokyo.
The past 40 years have seen China transform from a recipient of global aid to a major economic centre in its own right. China is now seeking to deepen its markets, gradually open its borders to global financial flows, and promote new and innovative forms…
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
The second Belt and Road Initiative (BRI) Survey of 28 central banks reveals that they view the BRI as a major driver of globalisation, with a high percentage of respondents expecting the initiative to provide a significant boost to GDP. So far,…
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
Hong Kong’s advantages in technology, talent and infrastructure make it best placed to form the primary transaction and risk management network for the overseas offshore renminbi market, argues Zhou Chengjun, IFF Academic Committee member and deputy…
Reform of the system that brought about the financial crisis in 2007–08 has not gone far enough, writes Zhu Xian, IFF vice-chairman and vice-president of the New Development Bank. Developing countries are demanding greater influence in global economic…
Researchers say method is particularly useful when official data is unavailable
Researcher compares Fed and private sector growth forecasts
Multilateral rules and multilateral bodies will need to be upgraded in the coming years to better represent the shift in economic gravity towards Asia, which has emerged as the largest contributor to global growth during the past decade.
Bank of Korea revises growth forecasts and leaves interest rates on hold
Steep slide due to attempts to stem outflows of currency after political crisis
Reforms were ‘not only necessary, but urgent’, central bank says
Central bank will hold “full horse race” between nominal GDP targeting and other alternatives, Wilkins says