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<p><span>In my first speech as Vice Chair for Supervision in September, I said that the Federal Reserve Board would soon engage in a holistic review of capital standards. My argument, then and now, is that our review of regulatory policy must be a periodic feature of bank oversight. Banking and the financial system continuously evolve, and regulation must adapt to address emerging risks. Bank capital is strong, but in doing our review, we should and are being humble about our ability&mdash;or that of bank managers&mdash;to predict how a future financial crisis might unfold,...

Facts entirely different from claims Chinese firms bringing labour from China

Despite the large capital outflows during the Covid-19 crisis, emerging economies did not make extensive use of capital controls. Indeed, these have had limited effects on capital outflows, being more effective on inflows. This column shows that macroprudential measures on the financial sector, which are increasingly part of the policy mix, have a positive impact on outflows

Robert Brenner&#039;s critique of the market-focused theories of development which overlook class structures and relations, opening the door for third-worldist ideology.

Recently, the OECD published recommendations for reducing emissions in Israel. Thanks to the synergy between reducing emissions and advancing other national targets for Israel’s economy on the road to recovery from the recent crisis, implementing the Israel 2050 program for emissions reduction is not only an urgent necessity, but also highly efficient in economic terms.