Growth
MAS’s Ong says insurance industry can aid growth
Monetary Authority of Singapore deputy managing director Ong Chong Tee says Asia’s growth prospects are at risk from events in developed countries
IMF paper highlights growth opportunities for Central America
Fund study says better regulation and more open markets can increase growth convergence in Central American countries
Chinese officials jailed over information leaks
Two government officials are given lengthy prison sentences; found to have leaked information on economic growth, retail sales and inflation figures
Fed’s Beige Book reports on fragile state of US economy
Federal Reserve Beige Book reports restrained employment conditions, as outlook for growth continues to be marred by uncertainty
RBI paper measures optimum inflation threshold
Reserve Bank of India study makes case for adoption of lower inflation target than current threshold level
BoJ data signals boost in recovery effort
Bank of Japan’s Tankan survey highlights positive outlook for economy as business sentiment among Japanese manufacturers improves
Easier access to credit can replace foreign aid: St Louis Fed paper
St Louis Federal Reserve study argues that easier access to international credit can on occasion prove more effective to developing countries than foreign aid
Bank of Finland forecasts China’s economy to slow
Bank of Finland Institute for Economies in Transition says growth in China is expected to weaken to 9% in 2011 from 10.4% in 2010
Bernstein sounds warning to new Danish government
Governor Bernstein says there is no need for fiscal stimulus; urging government to pull back from election process stimulus promises
Italy unfazed by S&P downgrade
Standard and Poor's downgrades Italy's credit rating by one notch to A; Italian government slams move, reaffirms confidence in fiscal reforms
Public capital productivity is high: IMF paper
Fund study shows that public capital investments explain variations in economic growth in middle- and low-income countries
Supply-side constraints are mostly resolved: BoJ
Bank of Japan September report on Recent Economic and Financial Developments says decline in supply-side constraints has led to pick-up in economic activity
SNB paper identifies creative destruction effect in competitive markets
Swiss National Bank study expands on Schumpeterian growth models to highlight pro-competitive effects of technology from new entrants
Trichet preaches sustainable long-term growth
Jean-Claude Trichet urges policymakers to aim for sustainable growth
Lagarde calls for urgent action
Lagarde sets out plans for Europe, the US and on a global scale to support 'fragile' recovery
Tough policy choices ahead for Australia: RBA’s Battellino
Reserve Bank of Australia deputy governor Ric Battellino says higher inflation and lower-than-expected growth will make monetary policy more challenging
Financing constraints reduces productivity growth: IMF paper
Fund study finds tighter credit conditions have a negative effect on factor productivity
BoE - Agents' Summary of Business Conditions (August 2011)
Bank of England’s August 2011 Agents' Summary of Business Conditions reports continued weakness in consumer spending
BoE offers gloomy UK growth outlook
Bank of England revises downward gross domestic product forecast for 2011 to 2% after “sluggish growth” outlook; governor Mervyn King says future commitment to low interest rates is not an option
Chinese inflation hits new high
The National Bureau of Statistics says consumer price inflation in China rose to 6.5% in July, its highest level since June 2008
Federal Reserve – Beige Book (July 2011)
Federal Reserve July Beige Book shows United States experienced slowdown in economic activity on east coast
Lagarde sets out ‘four-C’ plan to keep IMF relevant
Christine Lagarde says IMF must focus on clients and connections, be comprehensive and credible; reform of voting system is a top priority
RBA’s Stevens on need for productivity-driven growth
Reserve Bank of Australia governor Glenn Stevens says Australia should capitalise on its good terms of trade and boost productivity growth
Bank of Canada – Monetary Policy Report (July 2011)
Bank of Canada July 2011 Monetary Policy Report shows economy set to continue expansion despite slowdown in demand