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1251 result(s)

June 11, 2009

Rebalancing the Global Economy

Remarks Mark Carney International Economic Forum of the Americas, conference of Montreal
The theme of this conference – "Adapting to a New World Order" – suggests that it is clear how global commerce and finance will be reorganized in the wake of the current crisis. However, the outcome is far from preordained. How we manage the rebalancing of the global economy could profoundly influence how open, equitable, and prosperous the New World Order will be.
May 19, 2009

When the Unconventional Becomes Conventional: Monetary Policy in Extraordinary Times

Remarks John Murray Global Interdependence Center Philadelphia, Pennsylvania
The financial turbulence that began in the U.S. subprime-mortgage market in August 2007 reached maximum intensity towards the end of 2008, and enveloped the entire global economy. Strains that had previously been concentrated in a few major financial centers turned into a full-blown crisis, affecting both industrial and emerging-market economies through trade, financial, and confidence channels.
May 6, 2009

Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

Opening statement Mark Carney Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario
These are difficult economic times, with the Canadian economy being buffeted by an intense and synchronized global recession. In recent months, that global recession has been exacerbated by delays in implementing measures to restore financial stability around the world.
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