Opinion

Don't blame Brazil

ARTICLE - In an article in the Financial Times on Tuesday, George Soros suggests that the market's reaction to the IMF's $30bn rescue package in Brazil shows that a new approach is needed.

Liberalising our exchange controls

ARTICLE - At the recently-held public/private sector consultation on economic and related issues, Governor of the Central Bank of Barbados, Dr. Marion Williams presented a paper on Barbados' response to the liberalisation of trade in financial services.

No middle ground on operational risk debate

ARTICLE - While regulators insist they are well on their way down the road to new international capital standards, bankers say they are following the wrong map to destinations unknown. From American Banker, 12 August.

It's time to create the 'amero'

ARTICLE - In an article in the Canadian National Post on Friday Herbert Grubel introduces the idea of the 'amero' a single currency between Canada the USA and possibly Mexico along the same lines as the euro. He also tries to unravel some apparent…

Rudiger Dornbusch

ARTICLE - Rudiger Dornbusch, a far-from-dismal economist, died on July 25th, aged 60. The Economist magazine, 9 August paid tribute to him.

Interview with Milton Friedman

INTERVIEW - Central Banking, The Quarterly Journal, contains an exclusive interview with Milton Friedman in the August 2002 edition. The Editor, Robert Pringle, spoke to US Economist Milton Friedman, just before Friedman celebrated his 90th birthday. In…

How much do you know about the Federal Reserve?

QUIZ - In a week that sees the Federal Reserve decide on interest rates and on the day that Alan Greenspan finds out he will receive a knighthood from the Queen of England, the Washington Post provides a short 10 question quiz on the Federal Reserve.

Another Milton Milestone

ARTICLE - Another article paid tribute to Milton Friedman on his birthday (90) Wednesday. 'The most influential economist of the second half of the 20th century,' as the NationalReviewOnline called him. The article reveals that Friedman showed that…

Obituary for Rudiger Dornbusch

OBITUARY - Rudiger Dornbusch, always known as Rudi, died last week at the age of 60. He was one of the most inspirational and innovative academic economists of his generation.

O'Connell swaps central bank for sporting role

FEATURE - Central banks aren't the only ones to hold gold. The Brazilian World Cup football team will tell you that, and they've got plenty in reserves over the years. But CentralBankNet learns that the, oh so, unlucky Irish team are set to receive help,…

ECB expansion raises questions of independence

ARTICLE - Will new entrants to the monetary union significantly alter Euroland monetary policy? They could, unless voting rules at the ECB's Governing Council are carefully examined to avoid the possibility of regional bias. Article from the Taipei Times…

Europe's instability pact

ARTICLE - Thursday's Financial Times in London published an article by Paul De Grauwe who recently stood unsuccessfully as a candidate for the post of Vice President of the European Central Bank.

Orderly correction fortuitous

LETTER - Letter published in Thursday's edition of the London Financial Times, 25 July, from C. Fred Bergsten, Director, Institute for International Economics, Washington DC, US.

What the boss is for

ARTICLE - When Alan Greenspan, chairman of the US Federal Reserve Board, observed in a recent speech that "the CEO-dominant paradigm will likely continue to be viewed as the most viable form of corporate governance", he stepped into a minefield claimed…

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