Central Banking

Balcerowicz best for top central bank post

Poland's liberal former finance minister Leszek Balcerowicz would be the best candidate to replace Hanna Gronkiewicz-Waltz, the outgoing central bank governor, Poland's deputy premier told the best-selling Gazeta Wyborcza daily on Thursday.

Gronkiewicz-Waltz at the EBRD

In an interview with a Polish business journal, the Governor of the National Bank of Poland talks about her decision to leave the central bank and what her future duties at the EBRD will be.

Algerian bank chief sees 3.8% 2000 growth

Algeria's oil-dominated economy is expected to achieve 3.8% growth this year, up from 3.2% in 1999, central bank governor Abdelwahab Keramane told parliament last week. FX reserves have also been boosted.

US bought 1.5 bn euros in Sept. 22 intervention

The US monetary authorities intervened in the foreign exchange markets on one occasion during the third quarter, on 22 September, buying a total of 1.5 bn euros, the Federal Reserve Bank of New York said today in its quarterly report to the US Congress.

Tosovsky at the Financial Stability Institute

Josef Tosovsky, Governor of the Czech National Bank, has announced that he is leaving the central bank to head the Financial Stability Institute at the Bank for International Setlements.

Quarterly Journal of Central Banking

The latest issue of the Quarterly Journal of Central Banking has just been published with contributions from four central bank governors.

Klein: no medium-term economic effects of violence

David Klein, Governor of the Bank of Israel, said in an interview with the "Quarterly Journal of Central Banking" that there would be no major economic repercussions from the renewed violence in Israel.

Governors under siege

The Quarterly Journal of Central Banking says in an editorial that far-reaching international movement during the 1990s to grant centralbanks legal independence has represented a major step forward in publicpolicy, but, as recent events have demonstrated…

Interview with Ernst Welteke

Ernst Welteke, president of the Deutsche Bundesbank, talks with the editor of the Quarterly Journal of Central Banking, Robert Pringle, about the forthcoming restructuring of the Bundesbank, the euro, the ECB and the need for greater political…

The euro and the political debate in Europe

Political union is necessary for the success of European monetary union, argues Professor Andre Szasz, so that Eurozone members begin to accept that their neighbour's problems are now their problems. But lack of policy coordination, potentially could…

Interview with Hanna Gronkiewicz-Waltz

The changes to Poland's monetary policy framework in the 1997 National Bank of Poland Act have proved rather difficult to swallow. But now the reforms are bedding down, central bank presidentHanna Gronkiewicz-Waltz can focus on preparing Poland for…

Interview with BoI governor David Klein

With the Middle East teetering on the brink of armed conflict, weinterview the newly appointed governor of the Bank of Israel, DrDavid Klein.

The pipe dream of a Caribbean currency union

Despite strong economic arguments in favour of a currency union, the Caribbean is one region where it is unlikely to happen. Delroy Alexander, a financial journalist based in Jamaica, explains why.

Tumpel-Gugerell praises transition economies

At the opening of the International East-West Conference entitled "Completing Transition: The Main Challenges", the Central Bank of Austria's vice governor Tumpel-Gugerell highlights positive growth of all transition economies

Husain wants banking consolidation in Pakistan

Pakistan's central bank governor Ishrat Husain has said that he wants fewer, but stronger financial institutions in Pakistan which can mobilise and allocate resources in a cost effective and efficient manner.

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