Central Banking Journal - Volume XXIII Number 3
Articles in this issue
Robert Pringle’s Viewpoint: Assessing Masaaki Shirakawa’s legacy
The policies of outgoing Bank of Japan governor, Masaaki Shirakawa, have brought economic stability to Japan and are likely to be viewed favourably by future generations
The trade-off between bank regulation and economic growth
The pendulum has swung firmly in favour of financial services regulatory reform. But economic growth is likely to suffer – particularly in Europe – unless some of the rules are changed
Central banks need to be wary of ‘new’ monetary policy trends
The future of monetary policy
Collateral problems in the euro area
Collateral problems in the euro area
Deutsche Bundesbank’s losing struggle in European integration battle
The Bundesbank’s struggle
The next ‘Mr RMB’
Five leading candidates have emerged as the likely successor to Zhou Xiaochuan, governor of the People’s Bank of China. Hui Feng assesses their relative strengths and weaknesses
Stockton’s Bank of England review offers forecasting lessons for central banks
Taking stock of Stockton
National Bank of the Kyrgyz Republic’s Zina Asankojoeva
Interview: Zina Asankojoeva
State Bank of Vietnam needs a single mandate not independence
Searching for stability
Bretton Woods transcripts reveal global discord that still resonates today
Evergreen controversies
Central banks need to define clear role for operational risk
A defining role
Renminbi internationalisation to get boost from 60m overseas Chinese
The dynamic of the diaspora
Booknotes: The Ponzi Scheme Puzzle: A History and Analysis of Con Artists and Victims
Tamar Frankel offers us a colourful and broad picture of con artists who have initiated their own ‘Ponzi schemes’.
Booknotes: Europe's Unfinished Currency
Mayer has grasped the essential truth about Europe’s single currency – that the project not only has an economic context but also an historical one and, above all, a political one.
Booknotes: The New Economics of Sovereign Wealth Funds
This book is a brave and welcome contribution to the analysis of sovereign wealth funds.
Booknotes: Making the European Monetary Union
A history of the Committee of Central Bank Governors for the period 1964 to 1993, for which the author, Harold James, had access to the archives