Macroeconomics
China to revalue renminbi ‘by 4-5%’ this year: Zhang Wei profile
The Chinese Communist Party’s former leading economist, Zhang Wei, explains how revaluing the renminbi is in China’s interests, why the financial markets are such a headache for the country’s leaders and how the new generation may yet prove to be the…
BIS outlines 'narrow path ahead' in annual report
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Japan and EU meet for high-level talks
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Larosiere says UK must play its part in EU supervision
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FSA releases Financial Risk Outlook
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Macrofinancial risk
A valuable synthesis of financial theory and macroeconomics appears to be emerging. This could enrich both areas, says David Rowe
Basel II could reinforce economic cycles more than expected, says BIS study
BASEL – The Basel II bank capital accord could reinforce economic cycles to a greater extent than expected, according to a working paper issued today by the Bank for International Settlements (BIS), the so-called central bankers’ central bank.