Central Banking Journal
Effective IT with limited resources
IT departments in small central banks face particular challenges in providing services. Jennifer Greaves sets out how they can be met.
Managing IT as a business
How can a central bank get the best out of its information technology? Bruce Summers explains.
Iraq’s central bank: in search of a raison d’être
Iraq’s underdeveloped financial markets make it impossible for the central bank to fulfil its mandate argue Matt Sekerke and Steve H. Hanke.
The Bank’s reforms take shape
Central Banking reports on the Bank of England’s plans to revolutionise the way it sets interest rates.
Interview: Alexander Swoboda
Governments, not central banks, hold the future of the world economy in their hands. Without action, preferably coordinated, on both sides of the Atlantic and in Asia, the outlook is grim says Alexander Swoboda.
How Tokyo will market the yen
Anthony Rowley reports from Tokyo on plans to sell the yen as a reserve currency.
A new approach to liquidity management
Management of its foreign exchange exposure by a multinational firm provides a template for managing official reserve assets, argues Robert Z. Aliber.
Research on financial stability
This article reviews recent developments in some of the most promising areas of academic research related to financial stability.
The pursuit of financial stability – an outside view
A two-part survey of central banks’ work in financial stability – the first article offers a critical assessment, the second an overview of current policy-oriented research. By Robert Pringle.
Trends in money market operations
How will the Bank of England’s new system compare with the frameworks used by the ECB and other leading central banks? Central Banking looks at recent changes.
London’s new model money markets
Bill Allen, who retired last year as director for Europe at the Bank of England, discusses the Bank’s recent plans to change how it sets interest rates.
Mexico on an upswing
Mexico’s inflation has come down and the economy has recovered sharply, but can the central bank keep up the good work? Benedict Mander reports.
Turkey gains monetary credibility
Nick Carver reports on Turkey’s struggle for monetary credibility and its plan to celebrate with a new lira: is it too good to be true?
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.