29 June 2014

Time to step out of the shadow of the crisis, says BIS in 84th Annual Report

What's new

Research

01 Sep

Cross-Border Banking and Global Liquidity (Working Paper)

We investigate global factors associated with bank capital flows. We formulate a model of the international banking system where global banks interact with local banks. The solution highlights ...

01 Sep

The international monetary and financial system: a capital account historical perspective (Working Paper)

In analysing the performance of the international monetary and financial system (IMFS), too much attention has been paid to the current ...

01 Sep

The international monetary and financial system: its Achilles heel and what to do about it (Working Paper)

This essay argues that the Achilles heel of the international monetary and financial system is that it amplifies the "excess financial elasticity" of domestic policy regimes, ie it exacerbates their ...

29 Aug

International Journal of Central Banking (IJCB) , September 2014 issue

27 Aug

Filling in the Blanks: Network Structure and Interbank Contagion (Working Paper)

The network pattern of financial linkages is important in many areas of banking and finance. Yet bilateral linkages are often unobserved, and maximum entropy serves as the leading ...

26 Aug

Understanding the challenges for infrastructure finance (Working Paper)

What is holding back infrastructure investment, even though real long-term interest rates are low and the potential supply of long-term finance is ample? The answer matters to policy makers, because infrastructure is a key ...

21 Aug

The transmission of unconventional monetary policy to the emerging markets (BIS Paper)

Highly accommodative monetary policies in the major advanced economies and the questions about the exit from such policies have created major challenges for policymakers in emerging market economies (EMEs). Quite a few of EMEs that experienced rapid capital inflows and ...

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Speeches
Central bankers' speeches
27 Aug
26 Aug
25 Aug
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BIS Management speeches
13 Aug

by Claudio Borio: Macroprudential frameworks: (too) great expectations?

Macroprudential frameworks are a welcome response to the Great Financial Crisis. As long argued by the BIS, a stronger systemic orientation is essential if financial stability is to be assured...

29 Jun

by Jaime Caruana: General Manager's speech: Stepping out of the shadow of the crisis: three transitions for the world economy

This year's Annual Report offers our views on current challenges and aims to examine policies that might help us step out of the long shadow of the crisis. Our approach...

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06 Jun

by Jaime Caruana: Redesigning the central bank for financial stability responsibilities

Central banks are being redesigned to better deal with their financial stability responsibilities - in just five years, over 60 central banks' laws have been changed...

04 Jun

by Jaime Caruana: Financial regulation, complexity and innovation

A lot has been achieved since the financial crisis in the area of banking regulation and supervision. Further important initiatives are under way, and the focus has rightly shifted to implementation...

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