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The Macroeconomic and Quantitative Studies section conducts basic and applied macroeconomic research, including research on linkages between real and financial market behavior. The work includes policy simulations and projections of macroeconomic activity - including simulations of alternative strategies for monetary policy - using econometric models developed by the staff; theoretical and quantitative analyses of issues related to macroeconomics and monetary policy; development of improved techniques for model specification, statistical estimation, and model simulation; and other analyses of alternative monetary or fiscal policies. <p style="text-align:right;color:#A8A8A8"></p>
Annual Report Past Reports » Working Papers More working papers » Pacific Basin Notes Some commentators have questioned whether China's economy slowed more in 2012 than official gross domestic product figures indicate.
Interest rates are set by the Bank’s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members – the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England. MPC Meetings Public accountability: explaining views and decisions Members serve fixed terms after which they may be replaced or re-appointed.
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Last update 12 December 2012 The BIS established its Representative Office for the Americas in Mexico City in November 2002. The Office's main areas of activity are related to Latin America and the Caribbean and include: strengthening the relations of the BIS with, and promoting cooperation among, central banks and supervisory authorities and other relevant institutions in the region; cooperating closely with regional organisations (eg CEMLA , ASBA , CMCA , FLAR ) in the pursuit of its goals; research on regional financial market issues and related monetary policy or financial stability issues; facilitating the organisation of meetings Annual Report
Last update 17 October 2012 The BIS established its Representative Office for Asia and the Pacific (Asian Office) in Hong Kong SAR on 11 July 1998. Serving as the regional centre for BIS activities, its principal roles are to enhance cooperation among central banks in the region develop the BIS's banking services for regional central banks and act as a regional centre for monetary and economic research on issues of interest to central banks.
Cartagena El Banco de la República estableció en 1997, en la sucursal de Cartagena, el Centro de Estudios Económicos Regionales (CEER). El objetivo de este centro es analizar la economía nacional a través de la estructura y evolución de sus principales regiones, utilizando los métodos analíticos de la economía regional, tales como las matrices de insumo-producto, convergencia, cambio y participación y base exportadora.
The Brunei Currency Board (BCB) was established by the 1967 Currency Act in Chapter 32 of the Laws of Brunei. As stipulated in Section 9(1) of the Act, it has the sole right to manage and issue currency notes and coins in Brunei Darussalam. The currency issued by the Board is designated by Section 13 of the Act to serve as legal tender within the State. Brunei Darussalam commenced issuance of its own currency on 12th June 1967.