Central Banking
West African central bankers receive training in debt managment and corporate governance practices
West African Institute for Financial Management works with IMF and World Bank to train region’s central bankers
Draghi encouraged by Baffi’s reign at central bank
Bank of Italy governor Mario Draghi draws on experiences of Italian central bank veteran Paolo Baffi
BoE paper on development of central banks' lender-of-last-resort function
Bank of England study looks into evolution of clearing and settlements systems and central banks' progression as providers of liquidity
ECB paper on alternative DSGE models
European Central Bank study highlights methods to improve macroeconomic forecasts and monetary policy decisions
Bank of Portugal paper highlights variance in value of money
Bank of Portugal study challenges application of Bertrand competition in currency markets
Fischer joins IMF race
Governor of the Bank of Israel announces candidacy to become IMF managing director; calls chance to run an “extraordinary and unplanned opportunity”
Queen knights King
Bank of England governor Mervyn King receives knighthood from the Queen in her birthday honours list
Trichet highlights advanced economy failures
European Central Bank president Jean-Claude Trichet says crisis highlighted weaknesses in strategies of advanced economies; stands firm on Greece action shortly before S&P downgrades sovereign
Bank utilises Google in analysis
Bank of England paper says internet search tools offer accurate analysis of current economic trends
Interview: John Mendzela
John Mendzela is a specialist in central bank governance and strategic management. Here he discusses the gaps in central bank governance highlighted by the crisis and presents some potential fixes
Estonian finance minister 'certainly qualified' for governor role
Chair of the central bank’s supervisory board says Estonian finance minister, Juergen Ligi is "certainly qualified" for the role of governor
EMEs more sensitive to risk premiums: IMF paper
IMF study shows a lower risk premium can reduce inflation in emerging economies
Finland’s Liikanen calls for rethink of open market operations
Bank of Finland governor Erkki Liikanen says Eurosystem central banks should make distinction between assets eligible for open market operations and liquidity requirements
ECB’s Stark warns of low interest rate curse
European Central Bank executive board member Jürgen Stark says central banks should avoid looking at short-term consequences of monetary policy
Qualitative indicators could have spotted crisis: Buba paper
Bundesbank study highlights importance of qualitative risk assessment in banking supervision
Ex-IMF adviser calls for 'hard rules' on cross-border resolutions
Former IMF adviser Rosa Lastra says international regulatory framework should apply 'hard' rules on cross-border resolutions; says FSA was scapegoat in crisis
Better euro area financial stability governance ‘necessary’: ECB’s Constâncio
European Central Bank vice-president, Vítor Constâncio calls for policymakers to alter their conception of the governance of financial stability in the euro area; wants to see region-wide oversight
SWF legal immunity poses challenge for lawmakers
Panel on sovereign wealth funds says use of foreign immunity in legal disputes could jeopordise independence of funds
Bulgaria attempts to speed up and streamline payments
Addition of third settlement cycle designed to 'speed up and streamline' payments
New member for General Council of the Riksbank
Sven-Erik Österberg replaces Leif Pagrotsky on council that oversees the actions of central bank executive board
Governors among attendees at Bilderberg meet
Finance officials from around the world attend Bilderberg meeting
Bank of Canada highlights importance of research function
Bank of Canada 2010 Annual Report says research function is one of its leading priorities at central bank
BIS’s Hannoun spots conundrum in 'no bailout' line
Bank for International Settlements deputy general manager Hervé Hannoun says aversion to taxpayer-funded bailouts not fully priced in sovereign spreads
Albania’s Fullani urges deepening of capital markets
Bank of Albania governor Ardian Fullani calls for further development of capital markets in Southeast Europe