Governance

Sleepy Hollow's central bank

This article published on Monday 14 March looks at the situation surrounding the appointment of Stanley Fischer as governor of the Bank of Israel. There is contradictory information in Jerusalem on when exactly Fischer will arrive in Israel, it says, and…

Democracy in inaction at the World Bank

This article by Joseph Stiglitz asks why the search for James Wolfensohn's successor at the World Bank should be limited to an American loyal to a particular political party? According to the Nobel laureate, the entire process of choosing its leaders is…

Greenspan shields Fed's political independence

During Alan Greenspan's 17 1/2 years as Fed chairman, he has toiled endlessly - and largely successfully - to shield the US central bank from assaults on its independence, whether from Congress or the White House, this article says.

ECB opinion on new Executive Board member

At a meeting on Friday 18 March, the Governing Council of the ECB adopted an opinion on a recommendation from the Council of the European Union on the appointment of a new member of the Executive Board of the ECB.

Phil Fed's Santomero on post-Greenspan era

In an interview published this week, Anthony Santomero of the Philadelphia Fed told Handelsblatt he does not fear any trouble in the financial markets when Alan Greenspan leaves office at the beginning of 2006. "It is understandable that the markets ask …

Philippines' Tetangco on the future of the peso

In an interview published this week, Bangko Sentral ng Pilipinas Deputy Governor Amando Tetangco said looking at the fundamentals and technical signs, the peso is poised for further appreciation. Tetangco was recently named as the replacement for…

Zimbabwe's Gono on unorthodox challenges

In an interview published on Thursday March 10, Reserve Bank of Zimbabwe Governor Dr Gideon Gono said the country is going through a turnaround that demands unorthodox ways of dealing with unorthodox challenges. The job is not one of making friends with…

Interview with ex-RBI chief Bimal Jalan

In an interview published this week, former governor of the Reserve Bank of India Bimal Jalan said interest rates will be soft as the inflation situation is okay and the foreign exchange reserve position is also comfortable.

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