This third issue of the ERM quarterly includes: current macroeconomic trends from the World Economic Outlook, published in September 2006 by the International Monetary Fund (IMF); the overall ERM statistics for the third quarter 2006; offshoring from eastern Europe during the last two years, in...

The commitment of hundreds of billions of euros and dollars by the public authorities to the banking systems in the major developed economies in September and early October 2008 has only partially stemmed the malaise in the global financial system. The third issue for 2008 includes: Current...