Recession
National Bank of Cambodia - Annual Report 2009
National Bank of Cambodia’s Annual Report for 2009 says southeast Asian economy expected to return to growth this year
Marcó Del Pont: Argentina averted a full blown crisis
Central Bank of Argentina governor Mercedes Marcó del Pont says country’s resilience during crisis owed much to good policies
Beige Book points to gloomy outlook for US economy
Reports from twelve regional Federal Reserve districts add further weight to fears of double dip; say weakness in housing market tempering recovery
Bank’s Sentance explains vote to raise rates
Bank of England Monetary Policy Committee member Andrew Sentance says evidence of a marked recovery motivated decision to begin process of normalising rates
Philly Fed: Income gap has widened in Third District counties
Philadelphia Federal Reserve study finds greater income inequality in its area following economic downturn
NY Fed’s Dudley: US jobs market still has bright future
New York Federal Reserve president William Dudley offers positive outlook on jobs despite continued stresses in economy
Economic cycles in Middle East, North Africa and Pakistan
New IMF paper analyses recessions and recoveries in Middle East, North Africa and Pakistan
RBNZ: inflation targeting no guarantee of stability
Reserve Bank of New Zealand Monthly Bulletin shows more than targeting inflation alone is needed to ensure macroeconomic stability
Bank of England – Agents Summary of Business Conditions (February)
Bank report on public opinions with regards to economic conditions and the ongoing recovery shows most people in the UK were feeling definite effects of a pick-up, although it remained slow
Real-time activity index shows depth of recession
Philadelphia Fed paper constructs index of real-time macroeconomic information, showing that the recent recession was defined by its severity relative to its length
Canada’s Carney sees recovery in business investment
Bank of Canada’s Mark Carney says companies are emerging from the recession
Services inflation must fall: Bank’s Sentance
BoE rate-setter Andrew Sentance says spike in goods inflation is increasing pressure for services inflation to be controlled
Big fiscal spending hurts post-crisis recovery: IMF
International Monetary Fund looks at whether there is a trade-off between committing large fiscal resources and a quick recovery
Canada's Wolf on housing sector
David Wolf, an adviser at the Bank of Canada, says housing is disproportionately important in the country
Bank of Finland Bulletin (December 2009)
The Finnish central bank acknowledges the weakness of the economic recovery and explains why the domestic economy has been particularly affected by the crisis
Fed’s Bullard: rates could stay on hold until 2012
President of St Louis Federal Reserve says rates would remain at record lows for next two-and-a-half years if behaviour after previous recessions is repeated
Output does not rebound, but recovers in the long run
A new working paper from the IMF argues that the absence of simultaneous banking and currency crisis and high levels of investment shore up output in the medium term
Spain should hold on tightening fiscal policy
R. Anton Braun, University of Tokyo, compares the current Spanish recession with Japan in the 1990s and looks at the impact of fiscal policy measures
Government criticises Bank of Japan for excessive optimism
Finance minister comments reveal split in outlook with central bank
China’s consumption key for crisis exit
International Monetary Fund says global recovery needs China and Japan to strengthen domestic consumption
Buba’s Zeitler: regulatory capital a key issue
Bundesbank’s Franz-Christoph Zeitler commends capital measures but warns implementation should not occur until after the crisis is at an end
Recovery from recession analysed
International Monetary Fund research posits speed of recovery from recession can be influenced by stimulus
Weber: German economy not standing on own feet yet
Bundesbank’s Axel Weber expects timid recovery in Germany
BoE's Sentance sees recession ending soon
Bank of England’s Andrew Sentance sees recovery in UK and global economies, with Asia at the forefront