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Main » 2012 » May » 07
Fresh Approach Needed in Banking System

"The banking system, over 50 years, has built up its empire shielded from meaningful supervision by government authorities.” (photo: Newscom)


Views: 1504 | Added by: rafael | Date: 07.05.2012 | Comments (1)

Households Hit Hard by Wealth Losses


The financial crisis has erased a considerable amount of household wealth in many advanced economies. The precipitous fall in asset prices—across equity, bond, and housing markets—has eroded the value of financial and housing assets and the net w ... Read more »

Views: 1493 | Added by: rafael | Date: 07.05.2012 | Comments (0)

Comparing Recessions in Germany, Spain, and United Kingdom


While the global financial crisis and recession have hit all of Europe’s economies, the impact has varied considerably across countries. Output and employment, for instance, have moved quite differently in Germany, Spain, a ... Read more »

Views: 1171 | Added by: rafael | Date: 07.05.2012 | Comments (0)

More Work Needed to Close Information Gaps


Senior officials, meeting at a two-day conference on implementing the Group of Twenty (G-20) data gaps recommendations, said that work on financial sector statistics, international financial network connections, and shadow banking remain t ... Read more »

Views: 1141 | Added by: rafael | Date: 07.05.2012 | Comments (0)

Will House Prices Keep Falling?

Globally, house prices remain in the doldrums. After a decade of boom, the global house price index peaked in the fourth quarter of 2007 and since then has fallen or remained flat, according to IMF research (see Chart 1).


Views: 1174 | Added by: rafael | Date: 07.05.2012 | Comments (1)