[IMF] World Economic Outlook & Global Financial Stability Report - October Update
[...] Policy choices preceding the crisis and in its immediate aftermath influenced postcrisis variation in output. Underscoring the importance of macroprudential policies and effective supervision, countries with greater financial vulnerabilities in the precrisis years suffered larger output losses after the crisis. [...]
[...] The forms of shadow banking more closely related to the global financial crisis have been curtailed, and most countries now have macroprudential authorities and some tools with which to oversee and contain risks to the whole financial system. [...]
[Fed News - Jerome Powell] Monetary Policy and Risk Management at a Time of Low Inflation and Low Unemployment
At the "Revolution or Evolution? Reexamining Economic Paradigms" 60th Annual Meeting of the National Association for Business Economics, Boston, Massachusetts.
[...] The unemployment rate stands at 3.9 percent, near a 20-year low. Inflation is currently running near the Federal Open Market Committee's (FOMC) objective of 2 percent. While these two top-line statistics do not always [...]
[Bruegel] The EU – Japan Economic Partnership Agreement
This paper was requested by the European Parliament's Committee on International Trade (INTA) and analyses the EU-Japan Economic Partnership Agreement (EUJEPA).
By André Sapir, Sonali Chowdhry and Alessio Terzi
[McKinsey] Blockchain explained: What it is and isn’t, and why it matters
[...] In this episode of the McKinsey Podcast, McKinsey partners Brant Carson and Matt Higginson speak with Simon London not only about how companies can drive business value through blockchain—but also how business leaders can determine when blockchain is and isn’t the right innovation. [...]