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The Bank for International Settlements ( BIS)

3 articles

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The future of public debt: prospects and implications

by The Bank for International Settlements ( BIS) , Fabrizio Zampolli, M S Mohanty, Stephen G Cecchetti

12 April 2010

The effects of the economic crisis on the developed countries are much deeper than political pundits would have us believe. Accordingly, in 2011, the United States will have a public debt comparable to its GNP. Due to population ageing in most Western countries, forecasts say that deficits (...)

Uncertainties of world economy

by The Bank for International Settlements ( BIS)

Basel (Switzerland) | 29 June 2007

We republish an extract of the 77th Annual Report conclusion of the Bank for International Settlements. It seems that the globalization wreaked the traditional economic rules and that nobody more knows how to regulate ample economic or monetary crises. Although we can reasonably think that the (...)