Points of reference for future action

Monetary policy ; Financial crises

Securing a more balanced global economy

In this speech, made shortly after the stock market crash of October 1987, President Corrigan identifies imbalances in the U.S. and the world economy that contributed to financial market instability. He emphasizes that the reduction of U.S. federal budget deficits and the removal of barriers to international trade are prerequisites for adjustment, and he ends by drawing ome implications for the supervision of financial markets.Deficit financing ; Economic conditions - United States ; Federal Reserve System - History

The role of central banks and the financial system in emerging market economies

Banks and banking, Central ; Banks and banking

A. Supervisory Attitudes in the USA

SUMMARY Gerald Corrigan's article presents the changes already implemented by the US regulatory authorities and makes further proposals to facilitate the implementation of the Brady proposals. RESUME Le point de vue des contrôleurs bancaires L'article de Gerald Corrigan présente les changements déjà effectués par les autorités de contrôle des Etats?Unis (et présente d'autres propositions) pour faciliter la mise en pratique du Plan Brady. RESUMEN El punto de vista de los normadores bancarios El artículo de Gerald Corrigan presenta los cambios ya introducidos por las autoridades normativas de Estados Unidos, haciendo proposiciones adicionales para facilitar la implementación de la propuesta Brady

A High Quality Text-To-Speech System Composed of Multiple Neural Networks

While neural networks have been employed to handle several different text-to-speech tasks, ours is the first system to use neural networks throughout, for both linguistic and acoustic processing. We divide the text-to-speech task into three subtasks, a linguistic module mapping from text to a linguistic representation, an acoustic module mapping from the linguistic representation to speech, and a video module mapping from the linguistic representation to animated images. The linguistic module employs a letter-to-sound neural network and a postlexical neural network. The acoustic module employs a duration neural network and a phonetic neural network. The visual neural network is employed in parallel to the acoustic module to drive a talking head. The use of neural networks that can be retrained on the characteristics of different voices and languages affords our system a degree of adaptability and naturalness heretofore unavailable.Comment: Source link (9812006.tar.gz) contains: 1 PostScript file (4 pages) and 3 WAV audio files. If your system does not support Windows WAV files, try a tool like "sox" to translate the audio into a format of your choic