Articles by Claire Jones
Botswana’s Mohohlo in call to spur capital market growth
Bank of Botswana governor Linah Mohohlo tells CentralBanking.com that growth will require a greater degree of financial literacy
The dangers of Bernanke’s calls for change
Fed chairman Ben Bernanke’s calls for more research into areas of economics underexplored by central bankers is commendable, but translating this into policy has its risks, writes Claire Jones
ECB's Constâncio: grant CCPs access to central bank liquidity
European Central Bank's Vítor Constâncio says central counterparties should get access to central bank liquidity so long as they're regulated
IMF/ World Bank meetings: lack of resolution regimes a key concern
Cross-border resolution regime deemed crucial by officials and bankers, but many sceptical progress can be made
Shirakawa flags limits of monetary policy
Bank of Japan governor says loose monetary policy is a necessary condition for recovery, but its efficacy is limited and may have unintended consequences
DSK expects quota reform in 'days, weeks'
IMF managing director Dominique Strauss-Kahn says members close to reaching agreement on quota reform
Bank of Spain's Roldán highlights Basel III flaws
Basel III’s architecture, hybrid capital and liquidity buffers among potential pitfalls; views shared by BaFin's Sanio
BaFin's Sanio: no fix for cross-border failure
Jochen Sanio says supervisors nowhere near to solving “key issue” highlighted by crisis; flags lack of communication on Lehman Brothers
UK banking commission moots reforms
Commissioners stress they have an open mind as to which structure will best suit British banking industry
No easy alternatives to credit ratings
US regulators are right to look to curb their reliance on credit ratings. However, it will prove tricky to find viable alternatives
Honohan suggests Irish deficit forecasts unrealistic
Ahead of bond auction, Central Bank of Ireland governor says higher refinancing costs and less-favourable-than-forecast conditions could stymie deficit reduction; “welcome relief” on Anglo
Posen: Bank’s next step should be ‘heavy duty’ credit easing
Bank of England’s Posen suggests different tack if UK’s recovery remains anaemic
Goodhart attacks new European supervisory structure
Academic labels three new watchdogs “a waste and a mistake”; former financial secretary Lord Myners scornful of Basel III
IMF sells ten tonnes of gold to Bangladesh Bank
Sale to Bangladesh Bank takes total Fund gold sales to 310 tonnes
EXCLUSIVE: Don’t rely on near-zero rates, says Rajan
Former IMF chief economist Raghuram Rajan warns the Federal Reserve has no quick fixes to solve United States’ economic ills but says Bernanke right man for the job
Interview: Raghuram Rajan
University of Chicago Booth School of Business' Raghuram Rajan on Fed policy and officials, the structural flaws in the US economy, and the future of economics in central banks
Brown’s ex-spokesman denies Blair claim over Bank independence
Gordon Brown’s former spokesman Charlie Whelan says first Tony Blair knew about decision to grant Old Lady responsibility for setting rates was when Brown announced move after election
Bank’s macro model takes a bruising
Former Bank of England economist says model misjudges trade-off between growth and inflation
ECB insists stress tests are credible
ECB denies claims stress test scenarios were not severe enough
The efficient markets hypothesis: dead and buried?
The efficient markets hypothesis has taken a bruising as a result of the crisis but it may have life in it yet, says Claire Jones
Wadhwani scolds central banks for reluctance to say sorry
Former Bank of England Monetary Policy Committee member disappointed over central banks' reluctance to admit need to lean against the wind
FSA’s Turner: financial deepening has its limits
Financial Services Authority chairman Adair Turner says no clear relationship between financial deepening and growth in advanced economies over the past 30 years
BoE's Haldane calls for new measure of banks' growth
The “golden era” of finance between early 1990s and 2007 was no productivity miracle as national accounts data and growth accounting suggest
Central bank bill passed by Ireland’s lower house
Dáil TDs approve bill which will merge central bank and financial regulator by slim majority