Growth
Investing in beautification pays off
A beautiful city will attract more highly-educated individuals and experience faster house-price growth, finds a new paper from the Philadelphia Federal Reserve.
Central Bank of Peru - Annual Report 2007
The Peruvian economy expanded by an impressive 9% last year - the highest growth rate for more than 13 years, the central bank's latest Annual Report reveals.
Brazil hikes but hints tightening may moderate
The Central Bank of Brazil raised its key rate by 75 basis points for the second-straight vote on Wednesday, but looks likely to back smaller hikes in the coming months.
Slowdown will have scant impact on euro inflation
Poor economic growth in the eurozone is unlikely to bring down inflation, Jurgen Stark, a member of the European Central Bank's (ECB) executive board, has warned.
Riksbank hikes but hints at cuts to come
The Riksbank raised rates to a 12-year high on Thursday but indicated that it was likely to cut borrowing costs more sharply than previously thought next year.
Delhi defies expectations, names new governor
Delhi has named Duvvuri Subbarao, a finance secretary, the new governor of the country's central bank, confounding expectations of a second term for the incumbent Y.V. Reddy.
Low rates will soften slump: Japan's Shirakawa
Low rates and less exposure to subprime debt mean Japan is likely to escape a deep downturn, Masaaki Shirakawa, the governor of the country's central bank, has said.
BoJ minutes: Japan's economy slowing
Japan's economic growth has slowed further, reflecting weaker growth in business fixed investment and private consumption, say the minutes of the Bank of Japan's Monetary Policy Council meeting on 14 and 15 July.
Japan will bounce back: central bank
Growth is sluggish and inflation at its highest level since the early 1990s, but the Japanese economy remains on course to recover, the country's central bank said.
Eurozone slump may fail to subdue inflation
The Bundesbank warned on Monday that weaker growth may not adequately curb inflation.
Botswana to continue tightening
The Bank of Botswana will maintain its restrictive monetary policy, Linah Mohohlo, the governor of the central bank, said in the opening remarks to the mid-term monetary policy statement.
Singapore - Annual Report 2007
Singapore's economic growth may ease in the coming quarters as the global economy weakens and as inflationary pressures persist, said Goh Chok Tong, the chairman of the Monetary Authority of Singapore, in the institution's latest annual report.
US inflation and unemployment to rise: poll
US economic growth in 2008 will be slower than in 2007, with inflation staying high and unemployment rising, according to a survey of participants at the Chicago Fed's annual Automotive Outlook Symposium.
Exporting benefits labour productivity
Exporting increases firms' labour productivity, finds a new paper from the Central Bank of Turkey.
Korea unexpectedly raises rates
The Bank of Korea raised its benchmark rate to an eight-year high on Thursday in a surprise move.
Papua New Guinea: monetary tightening ahead
The Bank of Papua New Guinea will adopt a tightening monetary policy stance for the remainder of 2008, according to the central bank's latest monetary policy statement.
Trinidad and Tobago - Annual Report 2007
Trinidad and Tobago's external position remained robust as a result of high energy prices, with a current account surplus estimated at 20% of GDP, reveals the Central Bank of Trinidad and Tobago's latest annual report.
Bank of Albania - Annual Report 2007
Albania's economy grew by 6% in 2007, supported by high foreign direct investment, reveals the Bank of Albania's latest annual report.
Korean growth slows
Korea's economy slowed in June as the pace of CPI inflation picked up. The increase in the CPI was mainly due to high oil prices, said the Bank of Korea in its second quarterly bulletin for 2008.
Czech financial assets growth sluggish
Growth in the total financial assets in the Czech economy dipped in the first quarter of 2008 to 1%, according to a quarterly financial accounts report from the Czech National Bank.
Japan lowers growth forecast
The Bank of Japan has revised down its growth estimate for this year on the back of flagging business fixed investment and poor private consumption figures.
India's Reddy champions growth for all
Economic growth should only be an objective of the Reserve Bank of India if wealth creation is inclusive, says Y.V. Reddy, the governor of the central bank
RBI's Reddy on India's fiscal deficit
India must reduce its fiscal deficit but this must not limit the government's ability to promote inclusive growth, Y.V. Reddy, the governor of the country's Reserve Bank, believes.
Why do growth rates differ?
Differences in growth rates can be largely explained by capital deepening and an ability to produce new technology in the form of patents, research published by the Bank of Finland finds.