9th August 2017: Our Chairman, Professoor Tim Congdon, published an article in the Daily Telegraph pointing out that mistakes by regulators were the main reason that the Great Recession was so severe. As Professor Congdon rightly points out:-
"If the Bank of England had been more flexible in the early stages of the crisis, and if officialdom had taken action in autumn 2008 to boost the quantity of money rather than focussing so obsessively on bank capital, the worst of the UK's Great Recession could have been avoided. In their determination to punish the bankers for their actual or alleged sins, top central bankers and regulators forgot the importance of the quantity of money to macroeconomic conditions"
You can read more here
13th April 2017: Our Director, Juan Castañeda's, was quoted in an article published by S&P Global Market Intelligence about the allegations of the rigging of the LIBOR (London Interbank Overnight Rate) in 2008.
"Our monetary system is purely based on trust and the record and effectiveness of the BoE and the rest of the banking sector," said Professor Castañeda. "The alleged pressure of the government and the BoE to keep LIBOR rates artificially low back in the autumn of 2008.....erodes the sound functioning of markets and the formation of interest rates, which are key signals for households and companies in planning their decisions."
You can read the full article here
16th March 2017: Our Chairman, Professor Tim Congdon, co-authored an op-ed on the subject of bank capitalisation in the Wall Street Journal with Professor Steve Hanke of Johns Hopkins University
You can read Professor Congdon's summary of the article here
January 2017: Dr Juan Castañeda interviewed on the subject of publicly-owned central banks
Our Director, Dr Juan Castañeda, was interviewed by Jennifer Laidlaw (Standard and Poor's) about publicly traded central banks.Read more......
September 2016: Dr Juan Castañeda 's Bundesbank visit
Dr Juan Castañeda, Director of the IIMR, recently visited (July 2016) the Deutsche Bundesbank University in Hachenburg
January 2016: Press release on the appointment of Dr. Juan Castañeda as the Director of the Institute of International Monetary Research
Dr. Juan Castañeda is to become the first full-time Director of the Institute of International Monetary Research in January 2016.