Annual labour productivity growth in the United States has averaged 2.8% a year since 1996, compared with an average rate of 1.6% during the preceding 25 years. This marked increase in productivity growth has been a key component of what many commentators have suggested is a 'new economy'. Given...

Describes a new approach to leadership development, “Inner Leadership”. Whilst there are many who can tell us the qualities required of a business leader, Inner Leadership provides a systematic method whereby these qualities can be realised. The way we think and act can become a habit, and...

The Bank’s Agents have had a long-standing role to provide economic intelligence for monetary policy purposes. Increasingly the Agents have also been gathering intelligence to inform financial stability policy. Developments in credit conditions and property markets are examples of issues...

The Bank's Agents have had a long-standing role to provide economic intelligence for monetary policy purposes. Increasingly the Agents have also been gathering intelligence to inform financial stability policy. Developments in credit conditions and property markets are examples of issues...

Household decisions on whether to save or spend play a key role in the outlook for aggregate demand. A range of factors could help to explain the fall in the household saving ratio over the period 1995 to 2007. Declines in long-term real interest rates, looser credit conditions, rising asset...