Central Banking Testimonials

"Over the last decade we have faced growth and recession, inflation and deflation, credit booms and financial busts. In times like that we needed continued access to international best practices. I hope ‘Central Banking' can keep bringing that."
Dr Alan Bollard, February 2014
Governor of the Reserve Bank of New Zealand, 2002-2012

"I don't always get time to read "Central Banking" from cover to cover, but every article I do read is stimulating and challenging - and reminds me of the awesome responsibility which central bankers carry. Rarely has it been more important to keep abreast with what is going on in the world's central banks, and "Central Banking" is an excellent way of doing that."
Mr Don Brash, November 2013
Governor, Reserve Bank of New Zealand, 1988-2002

"Over the past quarter of a century, the Central Banking Journal has played a pivotal role in conveying communication on the actions taken by central banks, financial standard-setting bodies, regulatory agencies and international organizations. The success of the Journal is not surprising. It has become, in a nutshell, the central banker´s journal.

To report over 25 years has not always been an easy task. The world economy has changed dramatically and this has imposed a number of unprecedented challenges on everyone, in particular on central bank´s communication strategy and policy coordination. By reading yet again some of the first volumes of the Journal, one can see how much the world has changed: some of the multilateral institutions mentioned back then do not exist anymore; a new European currency union has reshaped markets in several different ways, while geopolitics around the world have been continuously evolving as a response to a complex economic environment. Central Banking has been able to keep up with the pace of change, maintaining its essence at the same time.

As of today, we can confirm that the Journal fulfilled its initial commitment and even surpassed all expectations by means of developing an effective communication strategy based on: insightful interviews, noteworthy surveys, comprehensive book reviews, and unparalleled reports or opinion columns that have been supplemented with a thorough and deep analysis on the economic issues at hand.

In addition, its wide variety of sections has made the publication very attractive over the years, making it different from other Journals. Readers of Central Banking are likely to find interviews with key players, conceivably a Nobel Prize winner, a central bank governor, a leading economist or a head of an international organization.

Central Banking Journal has also been visionary. In an editorial written back in 2004, the publication urged for more attention on the excessive government spending and borrowing that was taking place as this was the biggest challenge at the time for central banks. Later that year, the Journal called for more care on financial stability from financial markets, identifying it as the "new frontier", because of the unprecedented scale and challenges to financial markets.

I believe there are other additional elements for the success of Central Banking. To mention a few, the Journal has had ever since 1990 an impeccable and well balanced advisory board. Also, the publication has always made the effort to cover a wide variety of topics: from strict monetary policy issues to governance and financial stability. It is why the Journal has become a frequent reference to central bankers, public policy makers, scholars and many others.

I have no doubts the publication will continue to contribute to the thinking and discussion of the monetary topics and financial stability issues that shape financial markets. In this regard, I am confident Central Banking Journal will continue to fulfill the need of the community to be informed and debate on the issues that will shape markets and far beyond, the lives of many."
Dr Agustín Carstens, March 2014
Governor of the Central Bank of Mexico

"I always look forward eagerly to getting the latest copy of Central Banking. This provides the best account available on what central bankers, and their advisers, are doing and thinking."
Professor Charles Goodhart, November 2013
Professor Emeritus, London School of Economics

"I am a reader of and contributor to Central Banking from its start. Congratulation to the Journal and the founder for the constant high quality and seriousness of the publication. Hardly any number in which one could not read an outstanding article or interview."
Professor Dr. Otmar Issing, November 2013
Member of the Board, Deutsche Bundesbank, 1990-98 and of the Executive Board, European Central Bank, 1998-2006

"The central banking community is relatively small, with only one central bank in each country. As a result the community is quite widespread and diverse. Central Banking Journal plays a significant role in creating a constructive platform that brings central bankers together by providing a vehicle through which we can share and air views of topical importance. Central Banking, through its journal and various online offerings, not only helps to keep central bankers aware of policy debates and developments, but also keeps us abreast of what is happening in other central banks. The substantive articles in the Journal are always of current relevance, accessible, and also of a high quality, which reflects positively on the editorial standards of the publication. The online updates are a daily "must read" for all central bankers and policy makers who are interested in current developments in the policy field and in the central banking community. Congratulations on your 25th Anniversary."
Dr Gill Marcus, January 2014
Governor of the South African Reserve Bank, 2009-2014

"The Central Banking publication is a must read for all central bankers! During my terms as the eighth governor of the South African Reserve Bank, I always looked forward to the next volume of this great publication. Why? It provided an important intellectual resource for my institution and myself. And that outstanding English gentleman, Robert Pringle, founder of the publication, eventually became an integral member of our central banking community. For it is worth acknowledging that central banking can be a lonely journey. And it is through the efforts of people like Mr Pringle that one's sense of community and connectedness is enhanced. I recall my interview with him in my office in Pretoria with great fondness. It was a great occasion. And of course, a central banking shindig is incomplete without a shared dining experience. Naturally then, Mr Pringle and I dined together on the 30th floor dining room of the South African Reserve Bank in Pretoria. The governor's dining room! And then again at the Bank for International Settlements (the BIS) in Basle. So no need to wonder about how some of us gain our rotund figures! I kid. What I am in fact communicating is my admiration for Mr Pringle's work. The Central Banking publication is widely used because it is deeply valuable and there can be no greater accolade than the trust of one's audience. So, on this occasion, I send my best wishes to The Central Banking Publication. Hear! Hear!"
Mr Tito Mboweni, February 2014
Governor of the South African Reserve Bank, 1999-2009

"Central Banking is the premier journal of the financial industry. It's where I go to learn about the people and the policies."
Prof Allan Meltzer, December 2013
Professor of Political Economy, Cambridge Mellon University

"Central banking is a special job. I can see it even more, after I left a few years ago. It is not boring job at all, especially in the last few years. Economic situations have created a lot of challenges for central bankers around the world, and this difficult time is still not over.
Soon after leaving I accepted an offer to work with CBP on a few projects and join the Central Banking Journal's advisory board. It was one of my best decisions in my working life. Participate in discussion, help to share each other's experiences or initiate debates on new issue is highly intellectually interesting for me and CBP offers absolutely unique space for that. It helps me retain close contact with industry, where I have spent a good part of my work life so far.
I am quite sure, that it will be like this for years to come and CBP will be one of the few, very special and very helpful places, that will help central bankers in future to do their job as perfectly as possible."
Mr Ludek Niedermayer, December 2013
Vice-Governor, Czech National Bank, 2000-08

"As a former central banker and regulator, I have witnessed the evolution and transformation of the Central Banking Journal, from its early years as an authoritative source of reference for members of the central banking community to become "required reading" for its much wider and more diverse and global audience today.
Indeed, Central Banking's expanded outreach has become an important channel for central bankers to inform banks, businesses and the public at large to better understand and appreciate how changes in monetary and financial policies will affect their business operations and daily lives. This is vital in the central banking role of better communication and policy transparency.
As monetary authorities move into uncharted waters in dealing with tapering and the consequences of QE, Central Banking Journal will help central bank transparency and "forward guidance" on policy actions."
Mr Andrew Sheng, December 2013
Deputy Chief Executive, Hong Kong Monetary Authority, 1993-98

"When I first learned that there would be a journal devoted to central banking, I thought 'that's a nice idea but the subject is too narrow to have significant appeal'. How wrong I was, as developments in the economy and finance, the public policy response, and the high quality of the Journal itself made it essential reading well beyond the community of central bankers."
Dr Gary Stern, November 2013
President, Federal Reserve Bank of Minneapolis, 1985-2009

"Central banking is a special job. I can see it even more, after I left a few years ago. It is not boring job at all, especially in the last few years. Economic situations have created a lot of challenges for central bankers around the world, and this difficult time is still not over.
Soon after leaving I accepted an offer to work with CBP on a few projects and join the Central Banking Journal's advisory board. It was one of my best decisions in my working life. Participate in discussion, help to share each other's experiences or initiate debates on new issue is highly intellectually interesting for me and CBP offers absolutely unique space for that. It helps me retain close contact with industry, where I have spent a good part of my work life so far.
I am quite sure, that it will be like this for years to come and CBP will be one of the few, very special and very helpful places, that will help central bankers in future to do their job as perfectly as possible."
Mr Ludek Niedermayer, 12th December 2013
Vice-Governor, Czech National Bank, 2000-08

"There have been a number of professional journals focused on economics, policy making, monetary policy etc. But despite this type of literature your decision to publish a specific journal for central bankers was right. Information provided by "Central Banking", interviews, articles, overviews ... have been very valuable, and I wish both you and your journal even more readers in coming years."
Mr Zdeněk Tůma, February 2014
Governor of the Czech National Bank, 2000-2010

"Unlike people in other professions, central bankers do not have peers in their own countries. What they do is also rather demanding, encompassing the maintenance of price and financial stability and in many cases, their foreign exchange reserve management, oversight of their payment systems and supervision of financial institutions. Although their policy and operational approaches are likely framed by their own contexts, there are common issues and lessons to be learned from the international central banking communities. In fact, given the current highly integrated global market and economy, peer-learning is a necessity. Thanks to Central Banking Publications, this peer-learning need has been well served in the past quarter of a century. Its journal and training events are excellent sources of central banking knowledge and experience shared by seasoned and thought-provoking central bankers. They have remained highly relevant to central bankers throughout the years in spite of the drastic changes, both in terms of speed and complexity of central banking and its global contexts. Congratulations on the job well done and my best wishes for your continued success in the years to come."
Dr Tarisa Watanagase, December 2013
Governor, Bank of Thailand 2006-10

"Central Banking Publications has informed debate and provoked action on vital developments in public policy, financial markets and supervision during the past 25 years. I am delighted to be named the recipient of the inaugural Central Banking Lifetime Achievement Award."
Mr Paul Volcker, January 2014
Chairman of the Federal Reserve, 1979 - 1987