Feature
Does the global output gap matter?
Recent studies point to the increasing importance of global economic forces for domestic inflation. But policymakers are far from convinced, writes Assistant Editor Malan Rietveld
Reform in the midst of crisis
George Abed tells the story of the development of Palestine’s central bank
News analysis: Gulf economies: divided we stand
Kuwait’s decision to loosen its dollar peg may herald an era of greater national economic independence in the Gulf, writes Narayan Lakshman.
News analysis: India’s foreign exchange debate
A proposal for the Reserve Bank to part with some of its reserves risks setting a dangerous precedent, writes Narayan Lakshman
Scorecard for Bulgaria’s currency board
After ten years of running under a new law, Bulgaria’s central bank can be proud of its record, writes Steve Hanke
The rise of the polymer
Nick Carver looks on the development of a viable alternative to paper banknotes
Central Bank of Ruritania: management commentary
Robin Darbyshire highlights what a draft management commentary of a central bank might look like
Talking numbers
Central banks can and should write a management commentary to accompany their accounts, says Robin Darbyshire
The changing role of sovereign wealth managers
An overview of recent developments in this emerging field of international finance, Malan Rietveld and Robert Pringle
Assaults on independence
Central banks have recently faced serious challenges to their independence. Narayan Lakshman reports
How do we manage the reserves held by the Bank of Japan?
Toshio Idesawa of the bank of Japan explains how the central bank's approach to managing its reserves is changing
Why central banks should look at liquidity risk
Recent legal and market developments have alerted public authorities and industry bodies to the perils of liquidity risk risk, write Stefan W. Schmitz and Andreas Ittner
Inflation targeting: a user's guide
A new paper from the IMF spells out what is required to target inflation writes Narayan Lakshman of Central Banking
Three future risks
So far so great says Stephen King. What of the next decade?
Reflections and comparisons
Christian de Boissieu scrutinises the Bank's record
Demonstrating the virtues of self-restraint
The UK economy and Bank have benefited from its narrow focus, says Adam Posen
Financial education: what central banks can achieve
Central banks increasingly realise the importance of educating the public. Drawing on presentations given at recent a conference organised by the National Bank of Poland, Narayan Lakshman looks at how they go about this
Mishkin - the new face at the board of Governors
Malam Rietveld spoke with the newest governor of the Federal Reserve Board in Washington about the parallels between his academic work and policymaking
Turkey gets a second chance
After a near crisis in 2006, the central bank and its new governor are stocking to an inflation target of 4% for end-2007. Could this be the year Turkey finally convinces the world it has achieved sustainable non-inflationary growth? Justin Keay reports
Sunny outlook for Cyprus and Malta
The two islands have got their fiscal houses in order and are looking to join the euro in 2008, writes Justin Keay
Unhappy euro hopefuls
Prospects for adopting the euro remain remote for many EU countries in Central and Eastern Europe, and in the Baltics, writes George Kopits
Managing compliance and operational risk
Ulrik Knudsen, Jesper Berg and Hyldahl explain how Denmark's central bank has tackled compliance and operational risk in it's market operations department