New for economic and economic historian researchers from the World Bank: a database of fiscal data which can be downloaded in Excel or Stat format. It is described in a working paper by Kose et al 2017 and examines government debt sustainability (or the ability to service a debt) in over 60 nations from 1990-2016. It […]
Read the latest report from the Bank of England for 2015 – the tests ‘assess the resilience of UK banks and building societies to a deterioration in global economic conditions.’ The website provides details of the methods used. The European Banking Authority has details of Europe wide tests and differences in their methodology.
What do the British public think of the cuts and austerity policy? Latest research from IPSO Mori shows 43% think public services are worse than 5 years ago but only 23% say they have been directly effected by spending cuts down from over 33% in 2012.
What did the bank know about the impending financial crisis in May and June 2007? Find out from contemporary minutes just released on the Bank of England website. The website has the full text and explanatory notes. The Guardian refers to it as a diary of a shambles. See also the BBC analysis.
According to a study published in Nature, the banking culture encourages dishonesty. Research from YouGov has shown that since the recession public trust in banking has declined. In May 2014, the governor of the Bank of England called on the sector to adopt higher ethical standards. The Lambert Review is current working on the creation […]