Central Banking Journal
A trans-Tasman comparison
Rodney Dickens argues that the New Zealand central bank is reverting to bad old habits.
Revisiting Asia’s sovereign wealth strategy
Donghyun Park outlines the impact the crisis on Asia’s sovereign wealth funds.
China’s precarious balancing act
Hui Feng argues that monetary accommodation will remain in place for some time
Bright ideas and sombre moods
Malan Rietveld reports on a recent conference at the London School of Economics on the future of financial regulation
Building a more resilient financial system
The short-term focus that dominated policy, regulation, accounting and governance prior to the crisis has to be changed, argues Jacques de Larosière
Interview: William Isaac
The former chairman of the Federal Deposit Insurance Corporation tells Robert Pringle that procyclical accounting and capital rules lie at the heart of the crisis
From triumph to the brink of despair
Robert Pringle looks at the last two decades, as viewed through the pages of Central Banking
Rethinking decoupling
The decoupling hypothesis has been one of the casualties of the crisis, Martina Horáková argues
Improving institutional governance in central banks
John Mendzela urges central banks to be leaders, not laggards, in implementing robust governance principles
Ratings agencies: regulate or downgrade?
Ludˇek Niedermayer worries that regulating ratings agencies will simply increase their influence and create the wrong incentives
Towards new microfoundations for macro
Marcus Miller surveys the challenges facing modern macroeconomics, and suggests ideas whose time may have come.
More dismal than ever
Macroeconomics is in crisis, but central banks can help improve the state of the art, argues Malan Rietveld
A feast of books on the crisis
Robert Pringle and Hugh Sandeman review the first wave of books on the current global financial crisis
Beyond Santiago: status and prospects
Sven Behrendt argues that sovereign wealth funds’ admirable support of sound governance principles needs to be taken a step further
Bank Negara comes of age
Governors from five continents joined Bank Negara Malaysia in February to commemorate its 50th birthday. Claire Jones reports
Interview: Zdeneˇk Tu°ma
Martina Horáková speaks to the Czech governor about the crisis, calls for cross-border supervision and the process for adopting the euro
Getting systemic risk regulation right: an agenda for the US
Robert Litan says systemic regulation can be done, and sets out who should do it in the United States – and how
Lessons for banking reform: a Canadian perspective
Canada’s banks have stood firm throughout the crisis, despite Ottawa’s aversion to prescriptive rule-based regulation
Should monetary policy lean or clean: a reassessment
The current turmoil has undermined the view that central banks can deal with bubbles and imbalances after they burst, argues William White
Interview: William White
Claire Jones speaks to William White about the lessons from history in getting out of the current crisis and the need for thinking more long term about the consequences of policymaking
Interview: Nasser Al Shaali
The chief executive of the Dubai International Financial Centre Authority tells Malan Rietveld that the emirate will bounce back strongly
Interview: Rasheed Al Maraj
The governor of the Central Bank of Bahrain tells Malan Rietveld that the country’s conservative approach to finance, regulation and construction is paying dividends in a time of crisis