Global imbalances
Current account imbalances need to be addressed, Furusawa says
IMF deputy says imbalances in current accounts could increase volatility in the global economy
BoE paper calls for international standards on 'broader co-ordination'
Credit growth in rest of world has large positive effect on probability of domestic banking crises
IMF to tackle effects of globalisation in 2017
Fund says it will focus on bringing the benefits of globalisation and technology to a wider section of society
Inflation expectations more sensitive near the zero lower bound – IMF study
IMF study examines whether monetary policy can boost inflation in constrained environment
Mervyn King on Brexit, crisis supervision, economic rebalancing and reforming the IMF
Former BoE governor shares insights from a 50-year career
The growing role of China in an interconnected world
Chinese structural reforms will help global growth in the years ahead
BoE economists map current account dangers across OECD
Financial factors render some current account deficits more dangerous than others, research finds
Book notes: Bretton Woods: the next 70 years
A book that raises more problems than solutions
Rajan and Mishra lay down rules of the monetary game
Authors warn current models may display the policy biases of those who built them
US monetary policy contraction means drop in global output – paper
Raising interest rates in the US leads to lower global inflation in the short term
BIS’s Borio says current account obsession obscures important results
Policy is impacted by failure to recognise importance of gross flows
Carney says BoE can stay independent in face of globalisation
Global factors 'influence but do not dictate' policy, governor says
Global imbalances still on the rise, IMF paper shows
Efforts have been made to cut current account imbalances
IMF warns monetary tightening could hit EM growth
Advanced economies should collaborate with EMs, Fund says - but doesn't say how
Broadbent says credible policy blunts current account deficit threat
UK current account deficit is historically large but is not threatening growth
SNB chair shrugs off critique of Swiss exchange rate ceiling
Thomas Jordan says Swiss franc peg prompted by 'safe haven' status is neither at odds with long-standing current account surplus nor undermining adjustment of global financial imbalances
‘Surplus' countries must act to help limit external imbalances, says BIS paper
BIS economist Philip Turner says external imbalances can threaten financial stability in creditor countries as well as in debtor countries; calls it ‘an important but unresolved issue of international monetary reform'
BIS’s Cecchetti discusses financial globalisation
Stephen Cecchetti considers whether financial systems can grow too big and assesses how far countries should go in outsourcing financial services
IMF paper analyses savings and investment response to shocks
IMF researchers study response of savings and investment to income shocks; find high volatility of permanent shocks creates “volatility trap”
Lagarde offers views on globalisation
Christine Lagarde discusses global connections and the future; takes feminist line in speech to graduating students
Book notes: What's Next: Unconventional Wisdom on the Future of the World Economy
Book notes: What's Next: Unconventional Wisdom on the Future of the World Economy
Choongsoo warns of lurching global crisis
Bank of Korea governor Choongsoo Kim says world risks another crisis if global imbalances are not addressed
The fractured global monetary system
Robert Pringle reflects on the 40th anniversary of Bretton Woods
Trichet says euro is ‘stable and credible’
Trichet offers reassurance on credibility of the euro; says global imbalances are a concern, but euro area does not contribute to them