Remarks - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T07:42:58+00:00Global Imbalances: Why Worry? What to Do?
https://www.bankofcanada.ca/2006/03/global-imbalances-why-worry-what-to-do/
These imbalances reflect the financial flows associated with mismatches in savings and investment on a global scale. Since the late 1990s, many economies outside the United States have increased their net national savings.2006-03-29T14:55:59+00:00Global Imbalances: Why Worry? What to Do?2006-03-29David DodgeRenewing the IMF: Some Lessons from Modern Central Banking
https://www.bankofcanada.ca/2006/03/renewing-imf-some-lessons-modern-central-banking/
As economies have become more interconnected through trade and financial flows in a truly global marketplace, economic developments in one location can quickly have repercussions on the other side of the globe. In 1997, what began as a currency devaluation in Thailand became a crisis with repercussions not just in Asia, but in countries as far away as Russia, Brazil, and Canada.2006-03-09T14:24:47+00:00Renewing the IMF: Some Lessons from Modern Central Banking2006-03-09Tiff Macklem