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	<title>Cambridge Forecast Group Blog: Backup &#187; Asia</title>
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	<description>Globalization  and the World-System</description>
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		<title>GLOBAL ECONOMY: BIS JULY 2012</title>
		<link>http://cambridgeforecast.org/blog2/2012/07/23/global-economy-bis-july-2012/</link>
		<comments>http://cambridgeforecast.org/blog2/2012/07/23/global-economy-bis-july-2012/#comments</comments>
		<pubDate>Mon, 23 Jul 2012 19:14:49 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Eurozone]]></category>
		<category><![CDATA[Globalization]]></category>
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		<description><![CDATA[Central bankers&#8217; speeches for 19 and 20 July now available‏ Press, Service (press@bis.org) Fri 7/20/12 Central bankers&#8217; speeches for 20 July 2012 now available on the BIS website Már Guðmundsson: Fragmentation in the international financial system &#8211; can the global economy become one again? Duvvuri Subbarao: Of economics, policy and development Anand Sinha: Small is [...]]]></description>
				<content:encoded><![CDATA[<p><a class="imagelink" title="spin-globe.gif" href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a><br />
<span style="color:#0000ff;"><strong>Central bankers&#8217; speeches for 19 and 20 July now available‏</strong></span></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Fri 7/20/12</strong></p>
<p><strong>Central bankers&#8217; speeches for 20 July 2012</strong><strong><br />
<em>now available on the BIS website</em></strong></p>
<p><strong><a title="Mr Már Guðmundsson, Governor of the Central Bank of Iceland" href="http://www.bis.org/author/m%c3%a1r_gu%c3%b0mundsson.htm" target="_blank">Már Guðmundsson</a>: <a href="http://www.bis.org/review/r120720a.pdf?ql=1" target="_blank">Fragmentation in the international financial system &#8211; can the global economy become one again?</a> </strong></p>
<p><strong><a title="Dr Duvvuri Subbarao, Governor of the Reserve Bank of India" href="http://www.bis.org/author/duvvuri_subbarao.htm" target="_blank">Duvvuri Subbarao</a>: <a href="http://www.bis.org/review/r120720b.pdf?ql=1" target="_blank">Of</a> economics, policy and development</strong></p>
<p><strong><a href="http://www.bis.org/review/r120720b.pdf?ql=1" target="_blank">Anand Sinha: Small is still beautiful and competitive &#8211; reflections on the growth of Micro, Small and Medium Enterprises (MSMEs) in India </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120720c.pdf?ql=1" target="_blank">Ignazio Visco: Brief overview of the Italian economy and its banks </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120720d.pdf?ql=1" target="_blank">Central bankers&#8217; speeches for 19 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120720d.pdf?ql=1" target="_blank">Prasarn Trairatvorakul: Financial crises and the future of global and Asian banking </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120719a.pdf?ql=1" target="_blank">G Padmanabhan: Issues in IT governance </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120719b.pdf?ql=1" target="_blank">Mark Carney: Summary of the latest Monetary Policy Report </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120719c.pdf?ql=1" target="_blank">All speeches from 1997 onwards are available from the BIS website at <span style="text-decoration:underline;">http://www.bis.org/list/cbspeeches/index.htm</span>.</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Communications</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Bank for International Settlements</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">E-mail: <span style="text-decoration:underline;">press@bis.org</span></a></strong></p>
<p><strong><a href="mailto:press@bis.org">Website: <span style="text-decoration:underline;">www.bis.org</span></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Phone: +41 61 280 8188</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Bank for International Settlements (BIS)</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Central bankers&#8217; speeches for 18 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Jens Weidmann: The financial assistance can only buy time but does not address the root causes of the crisis </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718a.pdf?ql=1" target="_blank">Ben S Bernanke: Semiannual Monetary Policy Report to the Congress </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718b.pdf?ql=1" target="_blank">G Padmanabhan: Global convergence of banking regulations and its impact on the Indian banking system </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718c.pdf?ql=1" target="_blank">G Padmanabhan: Getting &#8220;IT&#8221; right </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718d.pdf?ql=1" target="_blank">Duvvuri Subbarao: Statistics and statistical analysis in Reserve Bank of India&#8217;s work </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718e.pdf?ql=1" target="_blank">Deepak Mohanty: Statistics in the Reserve Bank of India </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718f.pdf?ql=1" target="_blank">V S Das: Leadership, performance and transformation through personnel management </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718g.pdf?ql=1" target="_blank">Njuguna Ndung&#8217;u: Ongoing developments in the Kenyan financial sector </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718h.pdf?ql=1" target="_blank">Njuguna Ndung&#8217;u: Financal services sector &#8211; steering the economy to the next level </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718i.pdf?ql=1" target="_blank">Yaseen Anwar: Monetary policy framework in the SAARC region </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718j.pdf?ql=1" target="_blank">Anselmo Teng: Development opportunity arising from cross-border RMB business and internationalization of enterprises </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718k.pdf?ql=1" target="_blank">Gane Simbe: The role coins play in the Solomon Islands&#8217; payment system </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718l.pdf?ql=1" target="_blank">Prasarn Trairatvorakul: Economic and financial cooperation between China and Thailand </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718m.pdf?ql=1" target="_blank">Ebson Uanguta: The impact of the euro area debt crisis on southern Africa </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718n.pdf?ql=1" target="_blank">Ebson Uanguta: Towards a financially literate Namibian society </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718o.pdf?ql=1" target="_blank">Zeti Akhtar Aziz: Participation of Japanese financial institutions in Malaysia </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718p.pdf?ql=1" target="_blank">Jörg Asmussen: Building deeper economic union: what to do and what to avoid </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718q.pdf?ql=1" target="_blank">Luis M Linde: Assessment of Spain&#8217;s economic situation </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718r.pdf?ql=1" target="_blank">Yaseen Anwar: Developments of the microfinance sector in Pakistan </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718s.pdf?ql=1" target="_blank">Central bankers&#8217; speeches for 17 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120718s.pdf?ql=1" target="_blank">Már Guðmundsson: Iceland&#8217;s crisis and recovery and the crisis in the eurozone </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120717a.pdf?ql=1" target="_blank">Arde Hansen: Overview of Bank of Estonia&#8217;s first year of the euro </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120717b.pdf?ql=1" target="_blank">Zeljko Rohatinski: Restoring the luster of the European economic model report </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120717c.pdf?ql=1" target="_blank">All speeches from 1997 onwards are available from the BIS website at <span style="text-decoration:underline;">http://www.bis.org/list/cbspeeches/index.htm</span>.</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Communications</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Bank for International Settlements</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">E-mail: <span style="text-decoration:underline;">press@bis.org</span></a></strong></p>
<p><strong><a href="mailto:press@bis.org">Website: <span style="text-decoration:underline;">www.bis.org</span></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Phone: +41 61 280 8188</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Bank for International Settlements (BIS)</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Central bankers&#8217; speeches for 13 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Duvvuri Subbarao: Agricultural credit &#8211; accomplishments and challenges </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120713a.pdf?ql=1" target="_blank">Central bankers&#8217; speeches for 12 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120713a.pdf?ql=1" target="_blank">Ivan Iskrov: Association of Banks in Bulgaria &#8211; 20 years </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120712a.pdf?ql=1" target="_blank">Dimiter Kostov: The world of finance is becoming more IT </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120712b.pdf?ql=1" target="_blank">Ivan Iskrov: Global and regional challenges to the economy and the financial system. Do we have working solutions? </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120712c.pdf?ql=1" target="_blank">Ivan Iskrov: Conflicts and complementarities between monetary and macroprudential policies </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120712d.pdf?ql=1" target="_blank">Subir Gokarn: Launch of the OTC derivatives trade repository </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120712e.pdf?ql=1" target="_blank">Philip Lowe: Bank regulation and the future of banking </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120712f.pdf?ql=1" target="_blank">All speeches from 1997 onwards are available from the BIS website at <span style="text-decoration:underline;">http://www.bis.org/list/cbspeeches/index.htm</span>.</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Communications</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Bank for International Settlements</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">E-mail: <span style="text-decoration:underline;">press@bis.org</span></a></strong></p>
<p><strong><a href="mailto:press@bis.org">Website: <span style="text-decoration:underline;">www.bis.org</span></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Phone: +41 61 280 8188</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Bank for International Settlements (BIS)</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Central bankers&#8217; speeches for 11 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Prasarn Trairatvorakul: Financing the Greater Mekong Subregion </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120711a.pdf?ql=1" target="_blank">Ardian Fullani: Building a sound and efficient Albanian banking system </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120711b.pdf?ql=1" target="_blank">Duvvuri Subbarao: Touching hearts and spreading smiles </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120711c.pdf?ql=1" target="_blank">Hirohide Yamaguchi: European debt problem and its impact on Asia </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120711d.pdf?ql=1" target="_blank">Central bankers&#8217; speeches for 10 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120711d.pdf?ql=1" target="_blank">Mario Draghi: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120710a.pdf?ql=1" target="_blank">Prasarn Trairatvorakul: Financial crises and the future of global and Asian banking </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120710b.pdf?ql=1" target="_blank">Choongsoo Kim: Monetary and macroprudential policies in the aftermath of the crisis </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120710c.pdf?ql=1" target="_blank">All speeches from 1997 onwards are available from the BIS website at <span style="text-decoration:underline;">http://www.bis.org/list/cbspeeches/index.htm</span>.</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Communications</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Bank for International Settlements</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">E-mail: <span style="text-decoration:underline;">press@bis.org</span></a></strong></p>
<p><strong><a href="mailto:press@bis.org">Website: <span style="text-decoration:underline;">www.bis.org</span></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Phone: +41 61 280 8188</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Bank for International Settlements (BIS)</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Central bankers&#8217; speeches for 5 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Ardian Fullani: Overview of Albania&#8217;s recent economic and financial developments </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120705a.pdf?ql=1" target="_blank">Tharman Shanmugaratnam: Ensuring strong anchors in our banking system </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120705b.pdf?ql=1" target="_blank">Central bankers&#8217; speeches for 4 July 2012<br />
<em>now available on the BIS website</em></a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120705b.pdf?ql=1" target="_blank">YV Reddy: Society, economic policies, and the financial sector </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120704e.pdf?ql=1" target="_blank">José de Gregorio: What does society expect from the financial sector? </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120704f.pdf?ql=1" target="_blank">Ignazio Visco: What does society expect from the financial sector? </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120704g.pdf?ql=1" target="_blank">Jörg Asmussen: Can we restore confidence in Europe? </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120704a.pdf?ql=1" target="_blank">Miroslav Singer: The role of creditors and debtors in the world economy </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120704b.pdf?ql=1" target="_blank">Anand Sinha: IT and governance in banks &#8211; some thoughts </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120704c.pdf?ql=1" target="_blank">Mugur Isărescu: Monetary policy during transition. How to manage paradigm shifts </a></strong></p>
<p><strong><a href="http://www.bis.org/review/r120704d.pdf?ql=1" target="_blank">All speeches from 1997 onwards are available from the BIS website at <span style="text-decoration:underline;">http://www.bis.org/list/cbspeeches/index.htm</span>.</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Communications</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">Bank for International Settlements</a></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">E-mail: <span style="text-decoration:underline;">press@bis.org</span></a></strong></p>
<p><strong><a href="mailto:press@bis.org">Website: <span style="text-decoration:underline;">www.bis.org</span></a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Phone: +41 61 280 8188</a></strong></p>
<p><strong><a href="http://www.bis.org/" target="_blank">Bank for International Settlements (BIS)</a></strong></p>
<p><a class="imagelink" title="banknotes.jpg " href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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		</item>
		<item>
		<title>MONETARY AUTHORITY OF SINGAPORE</title>
		<link>http://cambridgeforecast.org/blog2/2012/05/22/monetary-authority-of-singapore-3/</link>
		<comments>http://cambridgeforecast.org/blog2/2012/05/22/monetary-authority-of-singapore-3/#comments</comments>
		<pubDate>Tue, 22 May 2012 22:49:12 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[Research]]></category>

		<guid isPermaLink="false">http://cambridgeforecast.org/blog2/?p=12387</guid>
		<description><![CDATA[MAS Content Updates [23/05/2012]‏ Tue 5/22/1 Monetary Authority of Singapore MAS Updates on 23/05/2012 News Room Policy Statements/Speeches &#8220;Developing our Capabilities and the Singapore Core in Financial Services&#8221; &#8211; Speech by Mr Tharman Shanmugaratnam, Deputy Prime Minister, Chairman of Monetary Authority of Singapore at the FICS Annual Conference 2012 Developing our Capabilities and the &#8220;Singapore [...]]]></description>
				<content:encoded><![CDATA[<p><a href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" title="spin-globe.gif" class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a></p>
<p><strong><span style="color: #0000ff;">MAS Content Updates [23/05/2012]‏</span></strong></p>
<p><span style="color: #0000ff;"><strong>Tue 5/22/1</strong></span></p>
<p><span style="color: #0000ff;"><strong>Monetary Authority of Singapore</strong></span></p>
<p><span style="color: #0000ff;"><strong>MAS</strong></span></p>
<p><strong>Updates on 23/05/2012</strong></p>
<h4>News Room</h4>
<h5>Policy Statements/Speeches</h5>
<p><span style="color: #0000ff;"><strong>&#8220;Developing our Capabilities and the Singapore Core in Financial Services&#8221; &#8211; Speech by Mr Tharman Shanmugaratnam, Deputy Prime Minister, Chairman of Monetary Authority of Singapore at the FICS Annual Conference 2012</strong></span><strong> </strong><strong></strong></p>
<p><strong>Developing our Capabilities and the &#8220;Singapore  Core&#8221; in Financial Services Speech by Mr Tharman Shanmugaratnam Deputy Prime Minister, Minister for Finance, Minister for Manpower, Chairman of Monetary Authority of Singapore Speech at the FICS Annual Conference 2012 Marriott Hotel, 22 May 2012 Mr Ravi Menon, Managing Director of MAS and Chairman of IBF, Distinguished Guests Ladies and Gentlemen 1   I am very happy &#8230; <a href="http://www.mas.gov.sg/news_room/statements/2012/Speech_by_Mr_Tharman_Shanmugaratnam_DPM_Chairman_of_MAS_at_the_FICS_Annual_Conf_2012.html" target="_blank">more.. </a></strong></p>
<p><a href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" title="banknotes.jpg " class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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		</item>
		<item>
		<title>L. JHA LECTURES: INDIA</title>
		<link>http://cambridgeforecast.org/blog2/2012/05/17/l-jha-lectures-india/</link>
		<comments>http://cambridgeforecast.org/blog2/2012/05/17/l-jha-lectures-india/#comments</comments>
		<pubDate>Fri, 18 May 2012 03:02:43 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[Research]]></category>
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		<description><![CDATA[Lecture No. Delivered by Subject Date 1. Mr. Robin Leigh-Pemberton Economic Liberalism, Central Banking and the Developing World October 16, 1990 2. Mr. Jacob A. Frenkel The Strategy of Economic Adjustment November 30, 1992 3. Mr. Andrew Crockett Capital Market Innovations: Challenges and Opportunities February 20, 1995 4. Mr. William J. McDonough Strengthening the Financial [...]]]></description>
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<div align="center">
<table width="590" border="0" cellspacing="1" cellpadding="0">
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<p align="center"><span style="color: #0000ff;"><strong>Lecture No. </strong><strong></strong></span></p>
</td>
<td valign="top" width="25%">
<p align="center"><strong>Delivered by </strong><strong></strong></p>
</td>
<td valign="top" width="42%">
<p align="center"><strong>Subject </strong><strong></strong></p>
</td>
<td valign="top" width="25%">
<p align="center"><strong>Date </strong><strong></strong></p>
</td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>1. </strong></p>
</td>
<td valign="top"><strong><a href="http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=1065" target="_new">Mr. Robin<br />
Leigh-Pemberton</a></strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/PublicationsView.aspx?Id=9893" target="_new">Economic Liberalism, Central Banking and the Developing World</a> </strong></td>
<td valign="top" width="25%"><strong>October 16, 1990 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>2. </strong></p>
</td>
<td valign="top"><strong><a href="http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=1066" target="_new">Mr. Jacob A. Frenkel</a></strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/PublicationsView.aspx?Id=9894" target="_new">The Strategy of Economic Adjustment</a> </strong></td>
<td valign="top" width="25%"><strong>November 30, 1992 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>3. </strong></p>
</td>
<td valign="top"><strong><a href="http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=1067" target="_new">Mr. Andrew Crockett</a></strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/PublicationsView.aspx?Id=9895" target="_new">Capital Market Innovations: Challenges and Opportunities</a> </strong></td>
<td valign="top" width="25%"><strong>February 20, 1995 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>4. </strong></p>
</td>
<td valign="top"><strong>Mr. William J. McDonough </strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/scripts/PublicationsView.aspx?Id=7321" target="_new">Strengthening the Financial Marketplace</a> </strong></td>
<td valign="top" width="25%"><strong>December 5, 1996 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>5. </strong></p>
</td>
<td valign="top"><strong>Mr. Rubens Ricupero </strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/scripts/PublicationsView.aspx?Id=7319" target="_new">Globalisation, Hot Money and the Seach for Profitable Investment: Is the East Asian Crisis a Global Crisis?</a> </strong></td>
<td valign="top" width="25%"><strong>July 17, 1998 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>6. </strong></p>
</td>
<td valign="top"><strong>Dr. Donald T. Brash </strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/PublicationsView.aspx?Id=611" target="_new">Inflation Targeting: Is New Zealand&#8217;s Experience Relevant to Developing Countries?</a> </strong></td>
<td valign="top" width="25%"><strong>June 17, 1999 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>7. </strong></p>
</td>
<td valign="top"><strong>Prof. Willem H. Buiter </strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/PublicationsView.aspx?Id=2129" target="_new">Targets, Instruments and Institutional Arrangements for an Effective Monetary Authority</a> </strong></td>
<td valign="top" width="25%"><strong>October 16, 2000 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>8. </strong></p>
</td>
<td valign="top"><strong>Prof. Martin Feldstein, </strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/PublicationsView.aspx?Id=5915" target="_new">Budget Deficits and National Debt</a>   </strong></td>
<td valign="top" width="25%"><strong>January 12, 2004. </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>9. </strong></p>
</td>
<td valign="top"><strong><a href="http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=232" target="_new">Prof. Lawrence H. Summers</a> </strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/PublicationsView.aspx?Id=8304" target="_new">Reflections on Global Account Imbalances and Emerging Markets Reserve Accumulation</a>   </strong></td>
<td valign="top" width="25%"><strong>March 24, 2006 </strong></td>
</tr>
<tr>
<td width="10%">
<p align="center"><strong>10. </strong></p>
</td>
<td><strong>Mr.Jean</strong><strong>-Claude Trichet </strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/PublicationsView.aspx?Id=9806" target="_new">The growing importance of emerging economies in the globalised world and its implications for the international financial architecture</a>   </strong></td>
<td valign="top" width="25%"><strong>November 26, 2007 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>11. </strong></p>
</td>
<td valign="top"><strong>Prof. John Brian Taylor </strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/BS_SpeechesView.aspx?Id=478" target="_new">Lessons from the Financial Crisis for Monetary Policy in Emerging Markets</a>   </strong></td>
<td valign="top" width="25%"><strong>February 24, 2010 </strong></td>
</tr>
<tr>
<td valign="top" width="10%">
<p align="center"><strong>12. </strong></p>
</td>
<td valign="top"><strong>Prof. Maurice Obstfeld</strong></td>
<td valign="top" width="42%"><strong><a href="http://www.rbi.org.in/Scripts/BS_SpeechesView.aspx?Id=641" target="_new">Gross Financial Flows, Global Imbalances, and Crises</a>   </strong></td>
<td valign="top" width="25%"><strong>December 13, 2011</strong></td>
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<p><strong> </strong><br />
<a class="imagelink" title="banknotes.jpg " href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></div>
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		<title>&#8220;ORIGINS OF THE CHINESE STATE&#8221;: PHILIP KUHN BOOK</title>
		<link>http://cambridgeforecast.org/blog2/2012/03/12/origins-of-the-chinese-state-philip-kuhn-book/</link>
		<comments>http://cambridgeforecast.org/blog2/2012/03/12/origins-of-the-chinese-state-philip-kuhn-book/#comments</comments>
		<pubDate>Mon, 12 Mar 2012 04:13:05 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[History]]></category>

		<guid isPermaLink="false">http://cambridgeforecast.org/blog2/?p=12275</guid>
		<description><![CDATA[Origins of the Modern Chinese State  Philip A. Kuhn (Author) What is “Chinese” about China’s modern state? This book proposes that the state we see today has developed over the past two centuries largely as a response to internal challenges emerging from the late empire. Well before the Opium War, Chinese confronted such constitutional questions as: [...]]]></description>
				<content:encoded><![CDATA[<p><a class="imagelink" title="spin-globe.gif" href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a></p>
<p><a class="imagelink" title="chinesestate.jpg " href="http://cambridgeforecast.wordpress.com/files/2012/03/chinesestate.jpg"><img src="http://cambridgeforecast.wordpress.com/files/2012/03/chinesestate.jpg" alt="chinesestate.jpg " width="500" height="500" /> </a></p>
<p><strong><span style="color: #0000ff;"><em>Origins of the Modern Chinese State </em></span></strong></p>
<p><strong><a href="http://www.amazon.com/Philip-A.-Kuhn/e/B001HCVCNY/ref=ntt_athr_dp_pel_1">Philip A. Kuhn</a></strong><span style="color: #0000ff;"><strong> </strong><strong>(Author)</strong></span></p>
<p><strong><span style="color: #0000ff;">What is “Chinese” about China’s modern state?</span> This book proposes that the state we see today has developed over the past two centuries largely as a response to internal challenges emerging from the late empire. Well before the Opium War, Chinese confronted such constitutional questions as: How does the scope of political participation affect state power? How is the state to secure a share of society’s wealth? In response to the changing demands of the age, this agenda has been expressed in changing language. Yet, because the underlying pattern remains recognizable, the modernization of the state in response to foreign aggression can be studied in longer perspective.</strong><strong></strong></p>
<p><strong>The author offers three concrete studies to illustrate the constitutional agenda in action: how the early nineteenth-century scholar-activist Wei Yuan confronted the relation between broadened political participation and authoritarian state power; how the reformist proposals of the influential scholar Feng Guifen were received by mainstream bureaucrats during the 1898 reform movement; and how fiscal problems of the late empire formed a backdrop to agricultural collectivization in the 1950s. In each case, the author presents the “modern” constitutional solution as only the most recent answer to old Chinese questions. The book concludes by describing the transformation of the constitutional agenda over the course of the modern period.</strong></p>
<p><span style="color: #0000ff;"><strong>Review</strong></span></p>
<p><strong>“This is a work of the first importance, one that successfully attempts to reach both a specialist and a broader audience. . . . It not only offers new and provocative historiographic arguments, but also recasts the familiar outline of post-1800 Chinese history in consistently novel and refreshing terms. . . . Both audiences will be intrigued by its implications for contemporary Chinese politics.”—William T. Rowe, Johns Hopkins University</strong></p>
<p><strong>“Fluently argued and genuinely important, this work has value for specialists and generalists alike.”—David E. Kelley, Oberlin College</strong></p>
<p><strong>“Admirers of Kuhn’s own writings will find in this book a consummate summing up of decades of research in late imperial and twentieth-century Chinese history. The chapters move constantly back and forth, across the twentieth-century divide and over to European and American intellectual history, seamlessly meshing archival gems with insights from <em>wenji</em>, gazetteers, and other published sources.”—China Review International</strong></p>
<p><strong>“This is a small book but one packed with much erudition and insight. The Harvard historian, Philip Kuhn, is a master of his craft, filling page after page with the wisdom of his vast experience and expertise.”—Journal of Asian History</strong></p>
<p><strong>What is “Chinese” about China’s modern state? This book proposes that the state we see today has developed over the past two centuries largely as a response to internal challenges emerging from the late empire. Well before the Opium War, Chinese confronted such constitutional questions as: How does the scope of political participation affect state power? How is the state to secure a share of society’s wealth? In response to the changing demands of the age, this agenda has been expressed in changing language. Yet, because the underlying pattern remains recognizable, the modernization of the state in response to foreign aggression can be studied in longer perspective.<br />
</strong></p>
<p><strong>The author offers three concrete studies to illustrate the constitutional agenda in action: how the early nineteenth-century scholar-activist Wei Yuan confronted the relation between broadened political participation and authoritarian state power; how the reformist proposals of the influential scholar Feng Guifen were received by mainstream bureaucrats during the 1898 reform movement; and how fiscal problems of the late empire formed a backdrop to agricultural collectivization in the 1950s. In each case, the author presents the “modern” constitutional solution as only the most recent answer to old Chinese questions. The book concludes by describing the transformation of the constitutional agenda over the course of the modern period.</strong></p>
<p><strong><span style="color: #0000ff;">Product Details:</span></strong></p>
<ul>
<li><strong>Hardcover:</strong><strong> </strong><strong>176 pages</strong></li>
<li><span style="color: #0000ff;"><strong>Publisher:</strong><strong> </strong><strong>Stanford</strong><strong> University</strong><strong> Press</strong></span></li>
<li><strong>English  edition </strong></li>
<li><span style="color: #0000ff;"><strong>November 2001</strong></span></li>
<li><strong>Language:</strong><strong> </strong><strong>English</strong></li>
<li><strong>ISBN-10:</strong><strong> </strong><strong>0804742839</strong></li>
<li><strong>ISBN-13:</strong><strong> </strong><strong>978-0804742832</strong></li>
</ul>
<p><a class="imagelink" title="banknotes.jpg " href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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		<title>BANK FOR INTERNATIONAL SETTLEMENTS FEBRUARY 10 2012: FINANCE IN ASIA</title>
		<link>http://cambridgeforecast.org/blog2/2012/02/10/bank-for-international-settlements-february-10-2012-finance-in-asia/</link>
		<comments>http://cambridgeforecast.org/blog2/2012/02/10/bank-for-international-settlements-february-10-2012-finance-in-asia/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 19:13:46 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[Research]]></category>

		<guid isPermaLink="false">http://cambridgeforecast.org/blog2/?p=12247</guid>
		<description><![CDATA[Central bankers&#8217; speeches for 10 February now available‏ Press, Service (press@bis.org) Fri 2/10/12 Central bankers&#8217; speeches for 10 February 2011 now available on the BIS website Yaseen Anwar: Role of financial institutions and capital markets in Pakistan&#8217;s economy Kiyohiko G Nishimura: Asian markets at the crossroads Mario Draghi: ECB press conference &#8211; introductory statement Masaaki [...]]]></description>
				<content:encoded><![CDATA[<p><a class="imagelink" title="spin-globe.gif" href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a></p>
<p><span style="color:#0000ff;"><strong>Central bankers&#8217; speeches for 10 February now available‏</strong></span></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Fri 2/10/12</strong><strong></strong></p>
<p><span style="color:#0000ff;"><strong><em>Central bankers&#8217; speeches for 10 February 2011</em></strong></span><strong> </strong><strong><br />
</strong><strong><em>now available on the <span style="color:#0000ff;">BIS website</span></em></strong><strong></strong></p>
<p><strong><a title="Mr Yaseen Anwar, Governor of the State Bank of Pakistan" href="http://www.bis.org/author/yaseen_anwar.htm" target="_blank">Yaseen Anwar</a>: <a href="http://www.bis.org/review/r120210a.pdf?ql=1" target="_blank">Role of financial institutions and capital markets in Pakistan&#8217;s economy</a> </strong><strong></strong></p>
<p><strong><a title="Mr Kiyohiko G Nishimura, Deputy Governor of the Bank of Japan" href="http://www.bis.org/author/kiyohiko_g_nishimura.htm" target="_blank">Kiyohiko G Nishimura</a>: <a href="http://www.bis.org/review/r120210b.pdf?ql=1" target="_blank">Asian markets at the crossroads</a> </strong><strong></strong></p>
<p><strong><a title="Mr Mario Draghi, President of the European Central Bank" href="http://www.bis.org/author/mario_draghi.htm" target="_blank">Mario Draghi</a>: <a href="http://www.bis.org/review/r120210c.pdf?ql=1" target="_blank">ECB press conference &#8211; introductory statement</a> </strong><strong></strong></p>
<p><strong><a title="Mr Masaaki Shirakawa, Governor of the Bank of Japan" href="http://www.bis.org/author/masaaki_shirakawa.htm" target="_blank">Masaaki Shirakawa</a>: <a href="http://www.bis.org/review/r120210d.pdf?ql=1" target="_blank">Finance in Asia &#8211; banking business and capital markets</a> </strong><strong></strong></p>
<p><strong><a title="Dr Zeti Akhtar Aziz, Governor of the Central Bank of Malaysia" href="http://www.bis.org/author/zeti_akhtar_aziz.htm" target="_blank">Zeti Akhtar Aziz</a>: <a href="http://www.bis.org/review/r120210e.pdf?ql=1" target="_blank">Asian market integration and financial innovation</a></strong><strong></strong></p>
<p><strong>All speeches from 1997 onwards are available</strong><strong> from the BIS website at:</strong></p>
<p><strong> <a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">http://www.bis.org/list/cbspeeches/index.htm</a>.</strong></p>
<p><strong>Communications</strong><strong></strong></p>
<p><strong>Bank for International Settlements</strong><strong></strong></p>
<p><strong>E-mail:</strong><strong> <a href="mailto:press@bis.org">press@bis.org</a></strong><strong></strong></p>
<p><strong>Website:</strong><strong> <a href="http://www.bis.org/" target="_blank">www.bis.org</a></strong><strong></strong></p>
<p><strong>Phone: +41 61 280 8188</strong><strong></strong></p>
<p><strong>Bank for International Settlements (BIS)</strong></p>
<p><span style="color:#0000ff;"><strong><em>Central bankers&#8217; speeches for 10 February now available‏</em></strong></span></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">http://www.bis.org/list/cbspeeches/index.htm</a></strong><strong><em></em></strong></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Fri 2/10/12</strong><strong></strong></p>
<p><a href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" title="banknotes.jpg " class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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		<title>BANK FOR INTERNATIONAL SETTLEMENTS NOVEMBER 3 AND NOVEMBER 7 2011: ASIA&#8217;S GLOBAL ROLE</title>
		<link>http://cambridgeforecast.org/blog2/2011/11/08/bank-for-international-settlements-november-3-and-november-7-2011-asias-global-role/</link>
		<comments>http://cambridgeforecast.org/blog2/2011/11/08/bank-for-international-settlements-november-3-and-november-7-2011-asias-global-role/#comments</comments>
		<pubDate>Tue, 08 Nov 2011 14:45:59 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[Research]]></category>
		<category><![CDATA[World-System]]></category>

		<guid isPermaLink="false">http://cambridgeforecast.org/blog2/?p=12163</guid>
		<description><![CDATA[Central bankers&#8217; speeches for 3 and 7 November now available‏ Press, Service (press@bis.org) Tue 11/08/11 Central bankers&#8217; speeches for 7 November 2011 now available on the BIS website Mario Draghi: ECB press conference &#8211; introductory statement Daniel K Tarullo: The international agenda for financial regulation José Manuel González-Páramo: The ECB and the sovereign debt crisis [...]]]></description>
				<content:encoded><![CDATA[<p><a href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" title="spin-globe.gif" class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a></p>
<p><strong><span style="color: #0000ff;">Central bankers&#8217; speeches for 3 and 7 November now available‏</span></strong></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Tue 11/08/11</strong></p>
<p><span style="color: #0000ff;"><strong><em>Central bankers&#8217; speeches for 7 November 2011 </em></strong></span><strong><em></em></strong></p>
<p><strong>now</strong><strong> available on the <span style="color: #0000ff;">BIS website</span></strong></p>
<p><strong>Mario Draghi</strong><strong>: <a href="http://www.bis.org/review/r111107a.pdf?ql=1" target="_blank">ECB press conference &#8211; introductory statement</a> </strong><strong></strong></p>
<p><strong>Daniel K Tarullo</strong><strong>:</strong><strong> <a href="http://www.bis.org/review/r111107b.pdf?ql=1" target="_blank">The international agenda for financial regulation</a> </strong><strong></strong></p>
<p><strong>José Manuel González-Páramo</strong><strong>: <a href="http://www.bis.org/review/r111107c.pdf?ql=1" target="_blank">The ECB and the sovereign debt crisis</a> </strong><strong></strong></p>
<p><strong>Prasarn</strong><strong> Trairatvorakul</strong><strong>: <a href="http://www.bis.org/review/r111107d.pdf?ql=1" target="_blank">The outlook for Thailand&#8217;s economy in the face of concerns about the slowing US recovery and Europe&#8217;s debt crisis</a> </strong><strong></strong><strong></strong></p>
<p><strong></strong><span style="color: #0000ff;"><strong><em>Central</em></strong><strong><em> bankers&#8217; speeches for 3 November 2011</em></strong></span><strong> </strong></p>
<p><strong>now</strong><strong> available on the BIS website</strong></p>
<p><strong>Josef Bonnici</strong><strong>: <a href="http://www.bis.org/review/r111103a.pdf?ql=1" target="_blank">Lessons from the recent past and the road ahead</a> </strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Zeti</strong><strong> Akhtar Aziz</strong><strong>:</strong></span><strong> <a href="http://www.bis.org/review/r111103b.pdf?ql=1" target="_blank">Asia&#8217;s role as an important growth centre in the global economy</a></strong><strong></strong></p>
<p><strong>All speeches from 1997 onwards are available</strong><strong> from the <span style="color: #0000ff;">BIS website</span> at:</strong></p>
<p><strong> <a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">http://www.bis.org/list/cbspeeches/index.htm</a>.</strong></p>
<p><strong>Communications</strong><strong></strong></p>
<p><strong>Bank for International Settlements</strong><strong></strong></p>
<p><strong>E-mail:</strong><strong> <a href="mailto:press@bis.org">press@bis.org</a></strong><strong></strong></p>
<p><strong>Website:</strong><strong> <a href="http://www.bis.org/" target="_blank">www.bis.org</a></strong><strong></strong></p>
<p><strong>Phone: +41 61 280 8188</strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Bank for International Settlements (BIS)</strong></span></p>
<p><strong><span style="color: #0000ff;">Central bankers&#8217; speeches for 3 and 7 November now available‏</span></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">http://www.bis.org/list/cbspeeches/index.htm</a></strong></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Tue 11/08/11</strong><strong> </strong></p>
<p><a href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" title="banknotes.jpg " class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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		<title>BANK FOR INTERNATIONAL SETTLEMENTS AUGUST 16 AND AUGUST 18 2011: INDIA</title>
		<link>http://cambridgeforecast.org/blog2/2011/08/20/bank-for-international-settlements-august-16-and-august-18-2011-india/</link>
		<comments>http://cambridgeforecast.org/blog2/2011/08/20/bank-for-international-settlements-august-16-and-august-18-2011-india/#comments</comments>
		<pubDate>Sat, 20 Aug 2011 06:34:51 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Research]]></category>

		<guid isPermaLink="false">http://cambridgeforecast.org/blog2/?p=12053</guid>
		<description><![CDATA[Central bankers&#8217; speeches for 16 and 18 August now available‏ Press, Service (press@bis.org) Publications, Service (Publications@bis.org) Fri 8/19/11 Central bankers&#8217; speeches for 18 August 2011 now available on the BIS website Mario Draghi: Tension and new alliances &#8211; the currency wars Patrick Honohan: Good times and bad for a globalised economy &#8211; macroeconomic policy lessons [...]]]></description>
				<content:encoded><![CDATA[<p><a href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" title="spin-globe.gif" class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a></p>
<p><strong><span style="color: #0000ff;">Central bankers&#8217; speeches for 16 and 18 August now available‏</span></strong></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Publications, Service (<a href="mailto:Publications@bis.org">Publications@bis.org</a>)</strong></p>
<p><strong>Fri 8/19/11</strong></p>
<p><span style="color: #0000ff;"><strong><em>Central bankers&#8217; speeches for 18 August 2011 </em></strong></span><strong><em></em></strong></p>
<p><strong><em>now</em></strong><strong><em> available on the <span style="color: #0000ff;">BIS website</span></em></strong><strong></strong></p>
<p><strong>Mario Draghi:</strong> <a href="http://www.bis.org/review/r110818a.pdf?ql=1" target="_blank"><strong>Tension and new alliances &#8211; the currency wars</strong></a><br />
<strong>Patrick Honohan: </strong><a href="http://www.bis.org/review/r110818b.pdf?ql=1" target="_blank"><strong>Good times and bad for a globalised economy &#8211; macroeconomic policy lessons from Ireland</strong></a><br />
<strong>Njuguna</strong><strong> Ndung&#8217;u:</strong> <a href="http://www.bis.org/review/r110818c.pdf?ql=1" target="_blank"><strong>Launch of the Reconstituted Market Leaders Forum</strong></a><br />
<span style="color: #0000ff;"><strong>Deepak Mohanty: </strong></span><a href="http://www.bis.org/review/r110818d.pdf?ql=1" target="_blank"><strong>Changing inflation dynamics in India</strong></a><br />
<strong>Mario Draghi:</strong> <a href="http://www.bis.org/review/r110818e.pdf?ql=1" target="_blank"><strong>Italy&#8217;s path towards stable growth</strong></a> <strong></strong></p>
<p><strong>Central bankers&#8217; speeches for 16 August 2011 </strong><strong></strong></p>
<p><strong><em>now</em></strong><strong><em> available on the <span style="color: #0000ff;">BIS website</span></em></strong><strong></strong></p>
<p><strong><span style="color: #0000ff;">Deepak Mohanty:</span> <a href="http://www.bis.org/review/r110816a.pdf?ql=1" target="_blank">How does the Reserve Bank of India conduct its monetary policy?</a><br />
Anand Sinha: <a href="http://www.bis.org/review/r110816b.pdf?ql=1" target="_blank">Technology in banking &#8211; in pursuit of excellence</a><br />
Seiji Nakamura: <a href="http://www.bis.org/review/r110816c.pdf?ql=1" target="_blank">Japan&#8217;s monetary policy and developments in economic activity and prices</a><br />
William C Dudley: <a href="http://www.bis.org/review/r110816d.pdf?ql=1" target="_blank">Job creation in the region</a><br />
Njuguna Ndung&#8217;u: <a href="http://www.bis.org/review/r110816e.pdf?ql=1" target="_blank">Sustaining transformation and innovations</a><br />
Yoshihisa Morimoto: <a href="http://www.bis.org/review/r110816f.pdf?ql=1" target="_blank">Economic activity and prices in Japan and monetary policy</a> </strong></p>
<p><strong>All speeches from 1997 onwards are available from the <span style="color: #0000ff;">BIS website</span> at </strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank"><strong>http://www.bis.org/list/cbspeeches/index.htm</strong></a>.<strong></strong></p>
<p><strong>Communications</strong><strong></strong></p>
<p><strong>Bank for International Settlements</strong><strong></strong></p>
<p><strong>E-mail:</strong><strong> <a href="mailto:press@bis.org">press@bis.org</a></strong><strong></strong></p>
<p><strong>Website:</strong><strong> <a href="http://www.bis.org/" target="_blank">www.bis.org</a></strong><strong></strong></p>
<p><strong>Phone: +41 61 280 8188</strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Bank for International Settlements (BIS)</strong></span></p>
<p><strong><em><span style="color: #0000ff;">Central bankers&#8217; speeches for 16 and 18 August now available‏</span></em></strong></p>
<p><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank"><strong>http://www.bis.org/list/cbspeeches/index.htm</strong></a></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Publications, Service (<a href="mailto:Publications@bis.org">Publications@bis.org</a>)</strong></p>
<p><strong>Fri 8/19/11</strong><strong> </strong><strong> </strong></p>
<p><a href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" title="banknotes.jpg " class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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		<title>BANK FOR INTERNATIONAL SETTLEMENTS AUGUST 9 AND AUGUST 10 2011: JAPAN&#8217;S ECONOMY</title>
		<link>http://cambridgeforecast.org/blog2/2011/08/11/bank-for-international-settlements-august-9-and-august-10-2011-japans-economy/</link>
		<comments>http://cambridgeforecast.org/blog2/2011/08/11/bank-for-international-settlements-august-9-and-august-10-2011-japans-economy/#comments</comments>
		<pubDate>Thu, 11 Aug 2011 19:40:11 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Research]]></category>

		<guid isPermaLink="false">http://cambridgeforecast.org/blog2/?p=12047</guid>
		<description><![CDATA[Central bankers&#8217; speeches for 9 and 10 August now available‏ Press, Service (press@bis.org) Thu 8/11/11 Central bankers&#8217; speeches for 10 August 2011 now available on the BIS website Masaaki Shirakawa: Recent developments in Japan&#8217;s economy and the conduct of monetary policy Alan Bollard: The role of banks in the economy &#8211; improving the performance of [...]]]></description>
				<content:encoded><![CDATA[<p><a class="imagelink" title="spin-globe.gif" href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a></p>
<p><span style="color: #0000ff;"><strong>Central bankers&#8217; speeches for 9 and 10 August now available‏</strong></span></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Thu 8/11/11</strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong><em>Central bankers&#8217; speeches for 10 August 2011 </em></strong></span><strong><em></em></strong></p>
<p><strong><em>now</em></strong><strong><em> available on th<span style="color: #0000ff;">e BIS website</span></em></strong><strong></strong></p>
<p><strong><span style="color: #0000ff;">Masaaki Shirakawa:</span> <a href="http://www.bis.org/review/r110810a.pdf?ql=1" target="_blank">Recent developments in Japan&#8217;s economy and the conduct of monetary policy</a> </strong><strong></strong></p>
<p><strong>Alan Bollard: <a href="http://www.bis.org/review/r110810b.pdf?ql=1" target="_blank">The role of banks in the economy &#8211; improving the performance of the New Zealand banking system after the global financial crisis</a> </strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Central bankers&#8217; speeches for 9 August 2011 </strong></span><strong></strong></p>
<p><strong><em>now</em></strong><strong><em> available on the <span style="color: #0000ff;">BIS website</span></em></strong><strong></strong></p>
<p><strong>Jean-Claude Trichet: <a href="http://www.bis.org/review/r110809a.pdf?ql=1" target="_blank">ECB press conference &#8211; introductory statement</a> </strong><strong></strong></p>
<p><strong>K C Chakrabarty: <a href="http://www.bis.org/review/r110809b.pdf?ql=1" target="_blank">Indian education system &#8211; issues and challenges</a> </strong><strong></strong></p>
<p><strong> 27 Jul</strong><strong>y</strong></p>
<p><strong>All speeches from 1997 onwards are available</strong><strong> from the <span style="color: #0000ff;">BIS website</span> at:</strong></p>
<p><strong> <a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">http://www.bis.org/list/cbspeeches/index.htm</a>. </strong></p>
<p><strong>Communications</strong><strong></strong></p>
<p><strong>Bank for International Settlements</strong><strong></strong></p>
<p><strong>E-mail:</strong><strong> <a href="mailto:press@bis.org">press@bis.org</a></strong><strong></strong></p>
<p><strong>Website:</strong><strong> <a href="http://www.bis.org/" target="_blank">www.bis.org</a></strong><strong></strong></p>
<p><strong>Phone: +41 61 280 8188</strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Bank for International Settlements (BIS)</strong></span></p>
<p><span style="color: #0000ff;"><strong><em>Central bankers&#8217; speeches for 9 and 10 August now available‏</em></strong></span></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">http://www.bis.org/list/cbspeeches/index.htm</a></strong><strong><em></em></strong></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Thu 8/11/11</strong><strong></strong><strong> </strong><br />
<a class="imagelink" title="banknotes.jpg " href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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		<title>ASPECTS OF OLD SHANGHAI</title>
		<link>http://cambridgeforecast.org/blog2/2011/07/29/aspects-of-old-shanghai/</link>
		<comments>http://cambridgeforecast.org/blog2/2011/07/29/aspects-of-old-shanghai/#comments</comments>
		<pubDate>Fri, 29 Jul 2011 22:30:03 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[History]]></category>

		<guid isPermaLink="false">http://cambridgeforecast.org/blog2/?p=12032</guid>
		<description><![CDATA[Old Shanghai in the 20th century: China&#8217;s first aeroplane &#8211; 1909 Shanghai Volunteer Corps Anti-kidnapping Soc. &#8211; 1912 The Communist Party &#8216;s 1st congress The 1927 Communist Purge The Shanghai War, 1932 Anti-Japan demos, 1935 The Japanese War, 1937 August 14, 1937 Chungking Underground Eat, Drink &#38; be Merry &#8230; The 2nd World War, 1941 [...]]]></description>
				<content:encoded><![CDATA[<p><a href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" title="spin-globe.gif" class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a></p>
<p><strong>Old Shanghai in the 20th century:</strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-plane.htm">China&#8217;s first aeroplane &#8211; 1909</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-volu.htm">Shanghai Volunteer Corps</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-kidn01.htm">Anti-kidnapping Soc. &#8211; 1912</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-party.htm">The Communist Party &#8216;s 1st congress</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-purge.htm">The 1927 Communist Purge</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-war01.htm">The Shanghai War, 1932</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-demo.htm">Anti-Japan demos, 1935</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-1937.htm">The Japanese War, 1937</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-bombs.htm">August 14, 1937</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-under.htm">Chungking Underground</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-eat01.htm">Eat, Drink &amp; be Merry &#8230;</a>  </strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-war02.htm">The 2nd World War, 1941</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-orgy.htm">Orgy of Revenge &#8211; 1945</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-capo.htm">Capone&#8217;s armoured car, 1945</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-threat.htm">&#8220;No immediate threat&#8221;</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-end.htm">The end</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-cart.htm">Cartoons</a> of the day<br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-news.htm">Periodicals</a> of the day<br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-quot20.htm">Quotable Quotes</a> of the day<br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-exce20.htm">Excerpts</a> from books and novels</strong></p>
<p><strong>New additions:</strong><strong><br />
</strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-mind.htm">The Chinese Mind &#8211; Arthur Ransome </a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/library/pott/index.html">Pott</a> history of Shanghai 1928(13-16)<br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-cards.htm">Nitespot Namecards</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-society.htm">Shanghai society? Snobbish? 1915</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-alabaster.htm">Sir Chaloner Alabaster</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-wedding.htm">Wedding of Chiang Kai-shek and Soong Mei-ling</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/library/pott/index.html">Pott </a>history of Shanghai 1928(8)</strong></p>
<p><strong>Contents: </strong><br />
<strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-intro.htm">Introduction</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-plac.htm">Places</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-peop.htm">People</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-cult.htm">Cultures</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-even19.htm">19th century</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-even20.htm">20th century</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-news.htm">Reading room</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-oldmap.htm">Old Maps</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-gallery.htm">Gallery</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-library.htm">Library</a></strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-busi.htm">Business</a><br />
<a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-law.htm">Administration</a></strong></p>
<p><strong>More:</strong></p>
<p><strong><a href="http://www.swedishtrade.org.cn/viking/">East India Trade &#8211; the Swedish Connection</a> </strong></p>
<p><strong><a href="http://www.chaos.umd.edu/history/welcome.html">History of China</a><br />
</strong></p>
<p><strong><a href="http://www.earnshaw.com/shanghai-ed-india/tales/t-even20.htm">http://www.earnshaw.com/shanghai-ed-india/tales/t-even20.htm</a></strong></p>
<p><a href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" title="banknotes.jpg " class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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		<title>BANK FOR INTERNATIONAL SETTLEMENTS JULY 7 2011: INDIA</title>
		<link>http://cambridgeforecast.org/blog2/2011/07/08/bank-for-international-settlements-july-7-2011-india/</link>
		<comments>http://cambridgeforecast.org/blog2/2011/07/08/bank-for-international-settlements-july-7-2011-india/#comments</comments>
		<pubDate>Fri, 08 Jul 2011 23:38:50 +0000</pubDate>
		<dc:creator>Administrator</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Research]]></category>

		<guid isPermaLink="false">http://cambridgeforecast.org/blog2/?p=11960</guid>
		<description><![CDATA[Central bankers&#8217; speeches for 7 July now available‏ Press, Service (press@bis.org) Fri 7/08/11 Central bankers&#8217; speeches for 7 July 2011 now available on the BIS website Subir Gokarn: Mutual funds and market development in India Duvvuri Subbarao: Statistics in the world of the Reserve Bank of India Masaaki Shirakawa: How to address tail risks Deepak [...]]]></description>
				<content:encoded><![CDATA[<p><a href="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" title="spin-globe.gif" class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2006/09/spin-globe.gif" alt="spin-globe.gif" height="96" /></a></p>
<p><strong><span style="color: #0000ff;">Central bankers&#8217; speeches for 7 July now available‏</span></strong></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Fri 7/08/11</strong></p>
<p><span style="color: #0000ff;"><em><strong>Central bankers&#8217; speeches for 7 July 2011 </strong></em></span><strong></strong></p>
<p><strong>now</strong><strong> available on the BIS website</strong><strong> </strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Subir</strong><strong> Gokarn</strong><strong>:</strong></span><strong> <a href="http://www.bis.org/review/r110708a.pdf?ql=1" target="_blank">Mutual funds and market development in India</a> </strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Duvvuri</strong><strong> Subbarao</strong><strong>: </strong></span><strong><a href="http://www.bis.org/review/r110708b.pdf?ql=1" target="_blank">Statistics in the world of the Reserve Bank of India</a> </strong><strong></strong></p>
<p><strong>Masaaki Shirakawa</strong><strong>: <a href="http://www.bis.org/review/r110708c.pdf?ql=1" target="_blank">How to address tail risks</a> </strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Deepak Mohanty</strong><strong>:</strong><strong> </strong></span><strong><a href="http://www.bis.org/review/r110708d.pdf?ql=1" target="_blank">Statistics in the Reserve Bank of India</a> </strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Subir</strong><strong> Gokarn</strong><strong>: </strong></span><strong><a href="http://www.bis.org/review/r110708e.pdf?ql=1" target="_blank">Striking the balance between growth and inflation in India</a></strong><strong></strong></p>
<p><strong>All speeches from 1997 onwards are available</strong><strong> from the <span style="color: #0000ff;">BIS website</span> at <a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">http://www.bis.org/list/cbspeeches/index.htm</a>.</strong></p>
<p><strong>Communications</strong><strong></strong></p>
<p><strong>Bank for International Settlements</strong><strong></strong></p>
<p><strong>E-mail:</strong><strong> <a href="mailto:press@bis.org">press@bis.org</a></strong><strong></strong></p>
<p><strong>Website:</strong><strong> <a href="http://www.bis.org/" target="_blank">www.bis.org</a></strong><strong></strong></p>
<p><strong>Phone: +41 61 280 8188</strong><strong></strong></p>
<p><span style="color: #0000ff;"><strong>Bank for International Settlements (BIS)</strong></span></p>
<p><strong><span style="color: #0000ff;">Central bankers&#8217; speeches for 7 July now available‏</span></strong></p>
<p><strong><a href="http://www.bis.org/list/cbspeeches/index.htm" target="_blank">http://www.bis.org/list/cbspeeches/index.htm</a></strong></p>
<p><strong>Press, Service</strong><strong> (<a href="mailto:press@bis.org">press@bis.org</a>)</strong></p>
<p><strong>Fri 7/08/11</strong><strong> </strong></p>
<p><a href="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" title="banknotes.jpg " class="imagelink"><img src="http://cambridgeforecast.wordpress.com/files/2009/02/banknotes.jpg" alt="banknotes.jpg " width="590" height="440" /> </a></p>
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