Central Banks
Bank of Greece set to improve transparency
GREECE - The Bank of Greece on Friday indicated that restrictions on consumer and personal loans could be lifted next year on condition that the current slowdown in credit growth continues at the same pace and a forthcoming study can prove that Greek…
Solomon c bank warns on fake Diana charity
SOLOMON ISLANDS - The Solomon Islands Central Bank has stepped up its campaign against the promoters of a get-rich-quick scheme that claims links with the late Princess Diana.
Ghana will play active part towards monetary union
GHANA - Vice President Aliu Mahama on Thursday said Ghana would fully support all activities toward the adoption of a monetary union for West Africa to facilitate trade and movement for the socio-economic benefit of the 250 million people in the Sub…
The art of central banking
An undergraduate wanting to know what central banking is all about would do far better talking with somebody like Ian Plenderleith than reading any economic textbook. Plenderleith gave the interview to Central Banking on retirement from the Bank of…
Review of Globalization and its Discontents
Joseph Stiglitz’s capacity to shock is not in doubt. But his view of globalisation is too narrow, and he is wide of the mark on the discontent, suggests Graham Bannock.
The euro goes East
Tommaso Padoa-Schioppa reports the results of a survey by the ECB on the private holdings and use of the euro outside the euro area itself.
Review of Argentina and the Fund: from triumph to tragedy
While Michael Mussa honestly recognises Fund failings, Benedict Mander finds his suggested tweaks for the system disappointingly conservative.
Review of Financial crises and what to do about them
Barry Eichengreen finds a middle way between past policy failings and current lofty aims in his financial crisis handbook, says Benedict Mander.
Organisational structure and staff
This article outlines the structure of the agency’s staff and the importance of human resource development to the central bank
Development of the Saudi banking system
SAMA has been actively involved in regulation and supervision, and has taken the lead in the development of the payments system in Saudi Arabia.
The conduct of monetary policy
This article presents the objectives, instruments and recent developments in SAMA’s operating framework of monetary policy.
A new Bank of Mongolia
Bank of Mongolia has assumed a pivotal role in transforming the former planned economy, reports Blair Baker in Ulaanbaatar.
Currency crises compared
John Chown looks at the lessons to be learned from responses to recent financial crises. They show that devaluation can work, and indeed generally does.
How to get growth in Japan
What Japan needs is a massive boost, not to the monetary base, but to domestic credit creation. Richard Werner outlines how this could be brought about.
Single currency a stable solution
ARTICLE - A common currency would bring more security to everyone in the Asia-Pacific region an article in the Australian Financial Review, 27 September claimed.
Commission to assess benefits for UK's euro entry
ARTICLE - Eleven of the world's leading economists will serve on a new commission to consider the consequences for Britain's economy of a decision to reject membership of the euro.
Chicago Fed National Activity Index September 2002
REPORT - CFNAI Indicates Economic Growth Remained Slow in September - The Chicago Fed National Activity Index (CFNAI) remained below zero for a second month in September, coming in at -0.35 in September, up from -0.45 in August.
MAS Guidelines on Sound Risk Management Practice
REPORT - On 30 October the Monetary Authority of Singapore published its Guidelines on Sound Risk Management Practices. This set of guidelines aims to provide banks, merchant banks, finance companies and insurance companies (referred to collectively as …
Moskow on the Economy and Free Trade
SPEECH - In the speech 'The Economy and Free Trade' made on 29 October, Michael Moskow of the Federal Reserve Bank of Chicago said during the last 20 years or so, we've deregulated financial markets, developed more flexible labor markets and made major…
Yugoslav central bank will not devalue dinar- gov
YUGOSLAVIA - The Yugoslav central bank is determined to keep the dinar exchange rate at its current level because any major change could seriously threaten reforms, Yugoslav central bank governor Mladjan Dinkic has said.