Can Europe survive? The question is metaphysical. The continent will survive as a land mass, but will it prosper?
Leverage is building in the non-bank financial sector where an apparently manageable market stress may easily turn into ...
As the global economy navigates a shifting landscape of divergent growth, persistent uncertainty and a changing framework of multilateral co-operation, the role of the International Monetary Fund ...
Persistent energy shocks, record public debt and the rapid rise of artificial intelligence defined the agenda at this year’s International Monetary Fund-World Bank annual meetings in Bangkok, Thailand ...
Contagion holds the key to possible use of transmission protection instrument The European Central Bank has been stoutly – and legitimately – resisting any suggestion of using its four-year-old ...
Andrew Bailey, governor of the Bank of England, joins OMFIF chairman David Marsh to discuss the evolving role of central bank independence amid persistent economic shocks, heightened geopolitical ...
One obvious way forward is the branch model. By operating through branches rather than separately capitalised subsidiaries, a bank can manage capital and liquidity more efficiently at group level and ...
Ahead of the International Monetary Fund-World Bank meetings in Bangkok, the People’s Bank of China published a welcome paper on its view on the renminbi exchange rate. It makes valid points about the ...
A great deal can happen in 10 years. Few areas illustrate this more clearly than the development of Africa’s financial markets, where sustained research, reform and regional competition have helped ...
Analysis of the Fund shows shrinking role and unchanged adequacy With the euro area crisis in full swing in April 2012, dozens of governments collectively committed more than $430bn in new resources ...
According to the old parable, a frog placed in tepid water that is heating slowly lingers until it is too late and boils to death. Is the parable applicable to the future of independent central banks?