New EU Reports: Current Account Surpluses; Fiscal Sustainability

here and here.

FT Editorial: Let Ireland Succeed


The future of financial globalisation

The revised versions of the papers presented at the BIS Annual Conference are now available:

The papers presented at the conference and the discussants’ comments are released as BIS Working Papers 397 to 400:
Financial Globalisation and the Crisis, BIS Working Papers No 397
by  Philip R. Lane
Comments by Dani Rodrik

The great leveraging, BIS Working Papers No 398
by  Alan M. Taylor
Comments by Barry Eichengreen and Dr. Y V Reddy

Global safe assets, BIS Working Papers No 399
by Pierre-Olivier Gourinchas and Olivier Jeanne
Comments by Peter R Fisher and Fabrizio Saccomanni

Capital Flows and the Risk-Taking Channel of Monetary Policy, BIS Working Papers No 400
by Valentina Bruno and Hyun Song Shin
Comments by Lars E O Svensson and John B Taylor

Q3 National Accounts; Q3 BOP

here and here.

Update on Ireland

  • FT interview with Enda Kenny here.
  • IMF Completes Eighth Review Under the Extended Fund Facility with Ireland and Approves €0.89 billion Disbursement. Press release here.