Central Banking Journal
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
Book notes: The Bank of England and the government debt, by William Allen
Required reading for Treasury, Debt Management Office and Bank of England staff
Central banks turn to Instagram to reach younger generations
Audiovisual social media network is helping some central banks offer financial education for millennials and Gen Zs
Big data in central banks: 2019 survey results
Many central banks are overhauling their data governance, facilitating a broadening in their use of big data
Was Draghi one of the great central bankers?
A look back at how the ECB chief confronted existential concerns about the euro
Tackling ‘dead-end’ monetary policy
Shift to lower inflation targets would help central banks escape forever-loose monetary policy, writes former IMF chief Jacques de Larosière
Big tech: a threat to banks?
The explosive growth of big tech companies in China offers important lessons
BSP’s Diokno on forward guidance and cutting reserves
Philippines governor, Benjamin Diokno, speaks about fintech and efforts to wean Asia off the US dollar
Book notes: Economics for the common good, by Jean Tirole
Book should be well received amid recent rise in populism
RBNZ to boost transparency on regulatory breaches
Central bank presses ahead with plan to report “material breaches” by banks on its website
30 years of central banking
Central banks face credibility tests on a number of fronts
Overseeing China’s payments revolution
PBoC has tried to strike balance between bigtech innovation and reining in risks
Book notes: Narrative economics, by Robert Shiller
The book is good fun to read, but some elements are a little disappointing
Five insights into China’s green finance transformation
State direction offers quick mechanism to embed green finance, writes PBoC’s Ma
Macro-pru is no panacea
Many central banks need better macro-pru frameworks
30 years of forecasting: have central banks learned anything?
Forecasting models are constantly being upgraded, but forecast errors are still persistent
Modernising currency management
Central banks strive to optimise currency operations, even as relative importance of cash drops
The Deutsche Bundesbank’s digital transformation
Digital agenda includes re-engineering legacy analytics, processes, innovation management and competency
Fintech and risk: what does the future hold?
Five key areas where regulators need to make judgements on fintech risks
Uribe details aggressive Flar expansion plans
Latam fund chief José Darío Uribe on: Flar’s efforts to support regional financial stability; exposure to Venezuela; and more
Agustín Carstens on fixing the global monetary system
The BIS chief speaks on the global safety net, emerging markets’ vulnerabilities and fintech challenges
Central banks face loss of independence – Central Banking survey
Cyber risks and lax supervision are biggest threats to financial stability
Overcoming deflation: Japan’s experience and challenges ahead
Haruhiko Kuroda explains how Japan’s long battle against deflation may offer insights for others