Feature/Governance
Paul Volcker, 1927–2019
Fed chair made his name battling inflation, and left his mark on independence and post-crisis financial regulations
The challenges facing Christine Lagarde
New ECB chief needs to lead a successful review of the ECB’s monetary and communications policy
A spotlight on IPSAS Draft 69
Proposed guidance for specific instruments by PSASB may have significant implications
Was Draghi one of the great central bankers?
A look back at how the ECB chief confronted existential concerns about the euro
The Deutsche Bundesbank’s digital transformation
Digital agenda includes re-engineering legacy analytics, processes, innovation management and competency
Latin America’s escape from hyperinflation
Adoption of inflation targeting, flexible exchange rates and prudent fiscal policies has ended decades of runaway inflation
A dangerous moment for the Reserve Bank of India
RBI’s high-profile skirmishes with India’s populist government in 2018 threatened central bank’s mission
The EU tries to rethink its faltering AML regime
What options are available, and what challenges remain?
The Bank of England’s missing records
The bank’s official historian highlights archiving failures and damage they cause
The Bank of Italy’s approach to risk-based budgeting
Crisis raised challenges for treating both the sources of risk and risk-bearing capacity using financial and accounting budgeting techniques
A new era for the BIS
BIS general manager Jaime Caruana talks to Daniel Hinge about his eight years at helm
The optimal size for central bank balance sheets
Charles Goodhart examines role of monetary and fiscal agents
The candidates knocking at Yellen’s door
Leading academics and economists weigh the competency of the top candidates for the Fed job – and how likely they are to win Trump’s favour
Where have all the women gone?
Number of women working at central banks has increased substantially, but glass ceiling appears to remain for those reaching for senior management positions
The changing composition of central bank balance sheets
QE has discouraged structural change and masked increasing debt leverage
The myth of independence
US Federal Reserve stresses independence from government as central to ability to fulfil its dual mandate, but approach is fundamentally flawed
Lifetime achievement award: Donald Kohn
His career epitomises that of a dedicated public servant, and serves as an inspiration to others
Central bank of the year: Bank of England
The Bank of England has undergone a major restructuring in recent years
Risk manager of the year: Bank of Ghana
The central bank has instilled a strong risk management culture
Initiative of the year: Saudi Arabian Monetary Authority’s compliance standards activation project
The Saudi central bank has made a strong start enhancing its risk culture
Central bank governor of the year: Carlos Fernández Valdovinos
A success story at the heart of Latin America
Is the Central Bank of Argentina back?
Federico Sturzenegger has made strong progress in tackling runaway inflation