Day archives: December 4th, 2012

Audit – Outdated Agency Regs Undermine Freedom of Information

National Security Archive: “A government-wide Freedom of Information Act audit by the National Security Archive has found that sixty-two out of ninety-nine government agencies have not updated their FOIA regulations since US Attorney General Eric Holder issued his March 19, 2009 FOIA memorandum to all heads of executive departments instructing them to make discretionary FOIA …

Subjects: Freedom of Information

IMF – Shadow Banking: Economics and Policy

Shadow Banking: Economics and Policy. Stijn Claessens, Zoltan Pozsar, Lev Ratnovski, and Manmohan Singh, December 4, 2012 “Shadow banking is often seen as a form of regulatory arbitrage. It surely has such aspects, and they played a significant role in the run-up to global financial crisis. But beyond that, shadow banking also provides important financial …

Subjects: Government Documents

Operationalising the selection and application of macroprudential instruments

Operationalising the selection and application of macroprudential instruments, CGFS Publications No 48, December 2012 This report – prepared by a Working Group chaired by José-Manuel González-Páramo, formerly European Central Bank – aims to help policymakers in operationalising macroprudential policies. Specifically, it draws out three high-level criteria that are key in determining the selection and application …

Subjects: Government Documents

The U.S. Income Distribution and Mobility: Trends and International Comparisons

CRS – The U.S. Income Distribution and Mobility: Trends and International Comparisons. Linda Levine, Specialist in Labor Economics, November 29, 2012 The historically slow rebound in the labor market from the 2007-2009 recession appears to be partly responsible for the current focus of some within the public policy community on the unequal distribution of the …

Subjects: Government Documents

New Handbook: Implementing EITI for Greater Impact

“The key to leverage extractive resources to attain beneficial development outcomes is to increase accountability and transparency as well as improve governance in the sector. A new publication, Implementing EITI for Impact: A Handbook for Policymakers and Stakeholders, analyzes the importance of implementing the Extractive Industries Transparency Initiative (EITI)to domestic economies, governance structures, and local …

Subjects: Government Documents

Global Carbon Budget 2012

The Global Carbon Budget 2012. The Global Carbon Project’s most recent analysis by scientists from the United States, Norway, Australia, France and the United Kingdom published in the current issue of the journal Nature Climate Change shows that a global economy fueled with coal, oil and natural gas is putting increasing pressure on the global …

Subjects: Government Documents

The ECB and the Interbank Market

Giannone, Domenico, Lenza, Michele, Pill, Huw and Reichlin, Lucrezia, The ECB and the Interbank Market (November 20, 2012). ECB Working Paper No. 1496. Available at SSRN “We analyse the impact on the euro area economy of the European Central Bank’s (ECB) non-standard monetary policy measures by studying the effect of the expansion of intermediation of …

Subjects: Government Documents