Central Banking Journal
Interview: Ronald McKinnon
Much of the world is on a de facto dollar standard. Ronald McKinnon of Stanford University explains how it works and why policymakers need to understand it better.
Interview: Jacques de Larosière
Europe must stick with its fiscal rules says the former managing director of the IMF and governor of the Banque de France. Interview by Robert Pringle.
News Analysis: Chinese central banker calls on the Fund to adjust
More countries should have a meaningful say at the IMF, according to Li Ruogu.
News Analysis: Key insight embodied in new technology
Following the news that this year’s winners of the Nobel prize for economics are Finn Kydland and Edward Prescott, Paul Brione spoke with Edward Prescott, who currently works at the Federal Reserve Bank of Minneapolis. Here is his report on their…
A precarious prosperity
Central Banking reviews a new guide to London’s financial centre.
An economic government for Europe
This article is intended for readers who would like to know what kind of economic government Europe needs if the euro is to be put on a secure footing1.
The role of central bank capital
A new ECB paper provides a theoretical underpinning to the case for central banks to hold adequate capital. An assessment by Paul Brione.
Rebuilding the banking system
After managing the severe crises of the 1990s, the central bank is committed to strengthening and deepening the banking system.
Interview: Ochirbat Chuluunbat
In this interview the Bank of Mongolia’s governor explains how the central bank has laid the foundations for a dynamic and competitive economy.
How Australia’s central bank won its independence
Stephen Bell says that personalities and politics drove the policy revolution at Australia’s central bank in the 1990s.
Rising from the ashes: the Central Bank of Iraq
Robert Pringle and Nick Carver trace the remarkable story of the resurrection of the war-torn country’s central bank.
Improving financial reporting
Can central banks apply international standards for financial reporting? Jeremy Foster investigates.
Why am I here?
Central Banking surveys central banks’ aims and the language they use to justify their existence.
Good governance for central banks
Henry Schiffman spells out how central banks can improve the way they are run.
Ronald Reagan: champion of monetarism
President Reagan should get more credit for ending the Great Inflation, argues John Tatom.
Interview: Christian de Boissieu
Professor de Boissieu is head of the economic advisory council attached to the French prime minister’s office. In this exclusive interview he explains how Europe’s economic rules should be rewritten. Interview by Robert Pringle.
Interview: Y.V. Reddy
The governor of India’s central bank explains his watchful approach to economic development and reveals how a financial crisis was averted after May’s general election. Interview by Nick Carver.
News Analysis: Euro cash in demand
Nick Carver reports on the sharp rise in euro banknotes in circulation.
News Analysis: Retired Bank grandees face grilling in BCCI trial
Neil Courtis reports on the Bank of England’s plans for its defence.
Review of Monetary Policy Implementation: Theory, Past, and Present
A new book explains the role of the three main instruments of monetary policy implementation.
Gentlemen prefer bonds
Nick Carver looks at one way Asian central banks could boost local debt markets.
Asia’s currency in the making?
In the first of two articles on initiatives to develop financial markets in East Asia, Anthony Rowley explains why talk of a regional currency has started to get serious.