Central Banking Journal
An economic government for Europe
This article is intended for readers who would like to know what kind of economic government Europe needs if the euro is to be put on a secure footing1.
The role of central bank capital
A new ECB paper provides a theoretical underpinning to the case for central banks to hold adequate capital. An assessment by Paul Brione.
Rebuilding the banking system
After managing the severe crises of the 1990s, the central bank is committed to strengthening and deepening the banking system.
Interview: Ochirbat Chuluunbat
In this interview the Bank of Mongolia’s governor explains how the central bank has laid the foundations for a dynamic and competitive economy.
How Australia’s central bank won its independence
Stephen Bell says that personalities and politics drove the policy revolution at Australia’s central bank in the 1990s.
Rising from the ashes: the Central Bank of Iraq
Robert Pringle and Nick Carver trace the remarkable story of the resurrection of the war-torn country’s central bank.
Improving financial reporting
Can central banks apply international standards for financial reporting? Jeremy Foster investigates.
Why am I here?
Central Banking surveys central banks’ aims and the language they use to justify their existence.
Good governance for central banks
Henry Schiffman spells out how central banks can improve the way they are run.
Ronald Reagan: champion of monetarism
President Reagan should get more credit for ending the Great Inflation, argues John Tatom.
Interview: Christian de Boissieu
Professor de Boissieu is head of the economic advisory council attached to the French prime minister’s office. In this exclusive interview he explains how Europe’s economic rules should be rewritten. Interview by Robert Pringle.
Interview: Y.V. Reddy
The governor of India’s central bank explains his watchful approach to economic development and reveals how a financial crisis was averted after May’s general election. Interview by Nick Carver.
News Analysis: Euro cash in demand
Nick Carver reports on the sharp rise in euro banknotes in circulation.
News Analysis: Retired Bank grandees face grilling in BCCI trial
Neil Courtis reports on the Bank of England’s plans for its defence.
Review of Monetary Policy Implementation: Theory, Past, and Present
A new book explains the role of the three main instruments of monetary policy implementation.
Gentlemen prefer bonds
Nick Carver looks at one way Asian central banks could boost local debt markets.
Asia’s currency in the making?
In the first of two articles on initiatives to develop financial markets in East Asia, Anthony Rowley explains why talk of a regional currency has started to get serious.
Monetary policy to support growth
With inflation driven out of the system, Mongolia’s monetary-policy makers can look to bolster economic growth.
Highlights of transition
This article recalls Mongolia’s achievements since 1990, and sets out what the country must strive for in the future.
When Hong Kong trounced the speculators
The HKMA beat back speculators in 1998, but did its own fuzzy rules encourage them? Charles Calomiris reviews a new book on this famous episode.
Interview: Kenneth Rogoff
In this wide-ranging interview, the former chief economist of the IMF discusses the likely fallout from the unsustainable US deficits, the dollar's hegemony, the Fund's failings, the weak spots in the global economy and the future of central banks.
Interview: Leszek Balcerowicz
In conversation with the editor, the president of the National Bank of Poland explains why he believes in taking the shortest route possible to the euro.