Global imbalances
Lagarde offers views on globalisation
Christine Lagarde discusses global connections and the future; takes feminist line in speech to graduating students
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
Noyer expects euro area growth to weaken
Banque de France governor Christian Noyer says euro area growth may slow in coming quarter due to scars left on economies from crisis
Global imbalances top Riksbank Risk survey
Riksbank Spring 2011 Risk Survey shows market participants believe global imbalances pose greatest threat to Swedish financial system
Canada’s Carney wants code of conduct for capital flows
Mark Carney, governor of the Bank of Canada, calls for global code of conduct for capital flows and sets out four-part framework
IMF’s Lipsky warns of widening global imbalances
IMF first deputy managing director John Lipsky says advanced and emerging economies must rethink growth strategies to prevent global imbalances from widening
Bank’s King calls for grand bargain to tackle global imbalances
Bank of England governor Mervyn King says G-20 countries must reach agreement on path to rebalance global economy; says G-20 could metamorphose into IMF governing body
BIS’s Caruana makes distinction in measurement of capital inflows
Bank for International Settlements general manager Jaime Caruana emphases focus on gross rather than net flows to measure capital inflows
G20 leaders pinpoint indicators for global imbalance guidelines
G20 central bankers, finance minister set out indicators to be used in assessing imbalances
Global recovery unbalanced, says IMF’s Strauss-Kahn
IMF managing director Dominique Strauss-Kahn concerned with unbalanced nature of global recovery
Imbalances could treble in next two decades: Bank's Haldane
Bank of England executive director Andy Haldane charts course of global imbalances, pointing to trends likely to widen them
A vision is needed of how the UK economy can be rebalanced
It is far from clear how Britain can rebalance its economy, writes Claire Jones
IMF to pitch in on imbalances, but no clear agreement
G20 leaders call for Fund assistance in drafting “indicative guidelines” to frame global imbalances debate but stop short of definitive statement on currency dispute
King demands collaboration
Bank of England governor Mervyn King says countries must reach collective solution over global imbalances or risk crippling the global economy through protectionist policies
ECB: excess liquidity expansion induces financial fragility
European Central Bank study shows that over expansion of credit can lead to increased fragility in financial markets
Monetary policy best placed to boost short-term growth: King
Bank of England governor Mervyn King tells trade unionists that monetary policy is best suited to revive flagging broad money figures; says fiscal emphasis should be on debt reduction
How can central banks avert the next crisis?
Claire Jones moderated Central Banking’s first ever live webinar, which was sponsored by BNP Paribas Securities Services.
Interview: William White
Claire Jones speaks to William White about the lessons from history in getting out of the current crisis and the need for thinking more long term about the consequences of policymaking
A world out of balance
America’s deficits may not herald disaster says Angel Ubide, but should lead to questioning national monetary policy frameworks.
A strong case for regional monetary cooperation
Charles Wyplosz looks at how policy at the regional level can underpin efforts to unwind global imbalances.