Opinion
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Who next after Cavallo?
ARTICLE - A mass exodus from Argentina's economy ministry, culminating in the resignation of the minister Domingo Cavallo, has left few contenders to manage the country's finances.
The events that triggered Argentina's crisis
ARTICLE - The people of Argentina have seen their pensions taken away, unemployment soar, inflation jump and their industries decimated.
Euro notes can be washed - But not at 90 Celsius
ARTICLE - If you wash your euro notes, make sure you don't do so at 90 degrees Celsius.
Euro launch reaches its final phase
ARTICLE - Securitas GmbH, a German armoured-car company, has suffered only a few mishaps since it began hauling the new euro cash in September. Some workers threw out their backs lugging the 20-kilo sacks of coins. Others accidentally dropped the heavy…
Euro Profits Bonanza
CENTRALBANKNET SPECIAL REPORT - Europe's national central banks stand to profit to the tune of billions of euros as a result of retiring Europe's existing paper currencies and introducing a single currency.
Eurozone is not delivering growth and jobs
LETTER - A letter published in the London edition of the Financial Times on 4 December. From Professor Tony Thirlwall, Dept of Economics, University of Kent, Canterbury, UK.
Afghan central bank - little left but dollar bills
ARTICLE - A dingy bank vault in the center of this destitute, dust-smudged capital holds the foreign-currency reserves of Afghanistan: $90,000, much of it in single dollar bills. The cash, all that remains of Afghanistan's plundered treasury, was simply…
Economic Chaos - Who's killing Argentina's Peso?
ARTICLE - Until recently, stable money and sound banking were the two pillars of an otherwise weak Argentine republic. As Argentina confronts its fourth year of recession and finds itself bankrupt, many are now blaming its monetary regime, which…
Economists can indeed 'conclude otherwise' on euro
LETTER - A letter published in the London edition of the Financial Times on 29 November.
Thai Rerngchai - sinner or scapegoat?
ARTICLE - Rerngchai Marakanond, a former Bank of Thailand governor, is about to pay a dear price for his central role in the futile baht defence in 1997. Is he a scapegoat?
Irish government hold on c bank gov post must end
ARTICLE - It is likely the Government will appoint a new governor for the Central Bank of Ireland within the next few months. Although the incumbent, Mr Maurice O'Connell, was appointed to a second term earlier this year, it is understood that he will…
Risk-averse BoJ shuns unorthodox economic measures
ARTICLE - Bank's board meeting today is not expected to yield significant action, reports the London FT 29 November.
Why world deflation is remote
ARTICLE - Samuel Brittan of the Financial Times explains why enough has probably been done to prevent recession spiralling out of control.
The brighter lights of regulation
ARTICLE - The grouse farmer was said to have confidently reassured his shooting friend that the authorities did not bother chasing "small" illicit share deals.
EU: Wim mimics Alan, but ECB still far from fed
ARTICLE - European Central Bank president Wim Duisenberg is giving the impression he wants the same level of powerful influence over monetary policy as his counterpart at the Federal Reserve.
Fed 'model' predicts stock gains
ARTICLE - A valuation model used by the U.S. Federal Reserve Board indicated last week that stocks were some 14% undervalued.
Eurozone economy 'is on the brink of recession'
ARTICLE - The eurozone economy may shrink in the fourth quarter of this year, and there is a risk of outright recession, according to the latest growth indicator produced for the Financial Times, FT Deutschland and Les Echos.
Argentina needs effective not unthinking support
ARTICLE - Ever since the emerging market financial crises of the 1990s, many in the international financial community have expressed deep scepticism about large financial assistance packages for countries in distress.
Euro entry criteria - we are halfway there already
LETTER - A letter published in the London edition of the Financial Times, 13 November.
Academics: Trust in Greenspan led to stock crash
ARTICLE - Investor confidence in the 'superhuman' ability of Fed chairman Alan Greenspan to shelter the stock market contributed to its over-valuation and eventual crash, economists argued in an academic paper out this week.
CentralBankNet's Monday Morning Comment
SPECIAL FEATURE - The ECB's 0.5% cut still leaves it with a credibility gap.
Japanese politicians lock swords over bank reforms
ARTICLE - The outcome of a tussle within the LDP on changes to the insurance system will be a key test for Tokyo.
Indonesia - The central bank's saga
ARTICLE - This article examines recent events involving Bank Indonesia, the central bank of Indonesia. The article was published before Sjahril Sabirin, governor of the bank, was convicted of fraud on 31 October 2001.