| The 83rd BIS Annual Report 2012/13 will be published on Sunday 23 June 2013 at 16:00 CEST. |
The global economy has yet to overcome the legacies of the financial crisis to achieve balanced, self-sustaining growth. In different ways, vicious cycles are hindering the transition for both the advanced and emerging market economies. After reviewing the past year's economic developments (Chapter II), the 82nd Annual Report addresses fundamental aspects of these vicious cycles: unfinished structural adjustments (Chapter III), risks in the current stances of monetary (Chapter IV) and fiscal policy (Chapter V), and the ongoing challenges of financial reform (Chapter VI). Chapter I underscores the themes and policy conclusions of the latter four chapters, and in a special section examines them in the context of problems in Europe's currency union.
Overview of the economic chapters
| Title | Languages | |
|---|---|---|
| Table of contents, letter of transmittal | EN | |
| I. | Breaking the vicious cycles | |
| Abstract | EN | |
| Full text | EN | |
| II. | The year in retrospect | |
| Abstract | EN | |
| Full text | EN | |
| III. | Rebalancing growth | |
| Abstract | EN | |
| Full text | EN | |
| IV. | The limits of monetary policy | |
| Abstract | EN | |
| Full text | EN | |
| V. | Restoring fiscal sustainability | |
| Abstract | EN | |
| Full text | EN | |
| VI. | Post-crisis evolution of the banking sector | |
| Abstract | EN | |
| Full text | EN | |
| The BIS: mission, activities, governance and financial results | EN |
