Feature
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
China's new reserve strategy
Hui Feng goes behind the scenes in Bijing to report on the new guidelines governing the management of the world's first trillion dollar pile of official reserves
Why money still matters
Christian Noyer, the governor of the banque de France,explains why and how money retains a prominent role in monetary policy in the Eurosystem
Why prevention is better than cure
Does delay in closing a bank make a crisis worse? Not necessarily so, says Charles Goodhart, who examines the case for and against with reference to recent financial crises and near-crises
How India manages its vast banknote circulation
Prabir Biswas explains how the Reserve Bank of India has stepped up risk management in the provision and distribution of cash
Bernanke sets out his stall
David Hale analyses the decisions Ben Bernanke has made and dilemmas he faces, as he begins to build his brand of monetary policy
Singapore notes
A round-up of talking points from this year's meetings of the IMF and World Bank
The new geography of international finance
Marc Uzan examines the implications of the shift on the IMF's voting rights
Three decades of fund memories
William Keegan looks back on 30 years of often-rancorous meetings of the Bretton Woods twins
Ian Macfarlane - a proud record
Stephen Bell spoke with the former governor of the Reserve Bank of Australia whose decade in charge cemented inflation targeting
Why monetary policies have not been too loose
A further global tightening of monetary policy in an attempt to manage asset-price volatility would be misguided, writes Bill Allen