Why the world needs more female economists

At the end of June, the Globes Tavia Grant and I used the selection of Christine Lagarde as head of the International Monetary Fund to write about the dearth of women in the economics profession. The challenge with an article like this is answering one simple question: so what? Tavia tracked down some experts who [...]

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August 30th, 2011 by Admin

IMF recognition of new Libya regime up to members

(Adds details, quotes, background) WASHINGTON Aug 25 (Reuters) – The International Monetary Fund would be able to recognize a new Libyan government if such a move were supported by its 187 member countries, an IMF spokesman said on Thursday, calling for a swift end to the conflict. When there is a clear, broad-based, international recognition [...]

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August 29th, 2011 by Admin

Kocherlakota Says He Sees No Need for Further Fed Monetary Accommodation

Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said he sees no need for further monetary accommodation, releasing a statement to explain his dissenting vote at the Fed’s Aug. 9 meeting. “I do not believe that providing more accommodation – easing monetary policy — is the appropriate response to these changes in the economy,” he [...]

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August 29th, 2011 by Admin

Why The Monetary Stimulus Didn’t Work

Steven Cunningham is director of research and education at the American Institute for Economic Research. Polina Vlasenko is a research fellow there. Here, they argue that a third round of quantitative easing will be no different from the first two. As Federal Reserve Chairman Ben Bernanke hints at the possibility of a third round of [...]

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August 27th, 2011 by Admin

No need for quantitative easing, Bank of England says

No need for quantitative easing, Bank of England says Matt Falloon and Sven Egenter – The Globe and Mail The Bank of England can hold fire on further monetary stimulus despite economic weakness and recent market turmoil as the overall picture is still brighter than it was in the run-up to the financial crisis, BOE [...]

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August 27th, 2011 by Admin

Repo rate remains unchanged

The Bank of Namibia has left the repo rate unchanged citing the need to ensure sustained growth in the domestic economy. Announcing the decision, central bank governor, Ipumbu Shiimi said Wednesday that the Monetary Policy Committee (MPC) believes that a change in its stance at this stage might be premature and could dampen the positive [...]

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August 27th, 2011 by Admin

U.S. Fed’s Monetary Policy May Spur Inflation, India’s Central Bank Says

Aug. 25 (Bloomberg) — Randall Kroszner, a professor of economics at the University of Chicago and a former Federal Reserve governor, discusses the outlook for the US economy and monetary policy. He talks with Michael McKee on Bloomberg Televisions Street Smart. They speak at the Feds annual symposium in Jackson Hole, Wyoming. (Source: Bloomberg)

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August 26th, 2011 by Admin

Nixon’s Colossal Monetary Error: The Verdict 40 Years Later

Mr. Marshall, You misunderstand the entire point of a gold standard. The point is not to fix the price of gold, but to fix the price of the dollar. Since the US has a monopoly on the supply of the monetary base, it has the power to control the rate of exchange between the dollar [...]

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August 26th, 2011 by Admin

Anh ngữ Ä?ặc biá»?t: Greece / New IMF Head

Ch??ng trình h?c ti?ng Anh c?a VOA: Special English Economics Report – Greece / New IMF Head. Xin hãy vào http://www.youtube.com/user/VietSpecialEnglish ?? xem các bài k? ti?p. This is the VOA Special English Economics Report. Greece has approved a plan to cut spending, raise taxes and sell government-owned assets. The approval cleared the way for [...]

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August 25th, 2011 by Admin

Ron Paul: My Monetary Message Is Resonating With People

GOP Presidential candidate Rep. Ron Paul (TX) appeared on FOX News to discuss fiscal matters as well as the 2012 GOP field and an interesting ad showing up in a Texas newspaper. Paul has some pointers for President Obama when it comes to the economy. Paul told Obama that the first step is to the [...]

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August 24th, 2011 by Admin