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Speech

Plenderleith: Something normal from South Africa

In the speech 'Always something normal from South Africa' given on 17 August Ian Plenderleith of the South African Reserve Bank said we can, and will, continue gradually to build up our official foreign exchange reserves to a respectable level in an…

Papademos at the Euro Banknote Design Exhibition

In a speech at the Opening of the Euro Banknote Design Exhibition given on 11 August, Lucas Papademos of the ECB said our common currency, the euro, whose creation has inspired the many attractive designs that are on display here, also stands for a…

NZ's Bollard on the property sector

In the speech 'What's happening in the property sector?' given on 2 September, Alan Bollard of the RBNZ reminded investors in property - rural, industrial and commercial, and residential - that property markets are inherently subject to cycles and market…

HKMA's Yam on century-old treasures

In a speech on 'Century-old Treasures' given on 2 September, Joseph Yam of the HKMA officiated at the launch of a special set of 'Hong Kong Currency' stamps. He said this is a particularly memorable occasion as it is the first time that Hong Kong has…

BoE's Bean on global demographic change

In a speech 'Global demographic change: Some implications for central banks' given on 28 August, Charles Bean of the Bank of England said that although central banks will need to adapt to the changes brought about by an ageing population, for the most…

Fed's Greenspan on global demographic change

In a speech on 'Global demographic change' given on 27 August, Alan Greenspan of the Federal Reserve warned that an ageing U.S. population will strain public finances and hurt the economy without swift fixes to the safety net, such as raising the age for…

RBA's Macfarlane on Asia and Australian growth

In a speech on 'Geography, Resources or Institutions?' given on 25 August Ian Macfarlane of the RBA said the growth of Asia had contributed substantially to Australia's economic performance by helping reduce its isolation from world economic activity.

Australia's Stevens on economic forecasting

Glenn Stevens, deputy governor of the Reserve Bank of Australia, gave a speech to the Economic Society of Victoria on August 17 on "The thankless task of economic forecasting". He discussed the accuracy of forecasts, how to make forecasts useful, and…

South Africa's Mboweni on challenges in Africa

In a speech on 'Challenges of central banking in Africa' given on 5 August, T T Mboweni, Governor of the South African Reserve Bank, spoke about how the traditional challenges facing central banks apply to African countries, what effet circumstances…

Sweden's Heikensten on inflation

In a speech on economic developments and inflation prospects, given on August 16, Sweden's central bank governor Lars Heikensten said that the Riksbank's assessment of inflation and economic activity had not significantly altered since its last inflation…

Fed's Gramlich on social security reforms

In a speech on 'Rules for assessing social security reform' given on 12 August, Edward Gramlich of the Federal Reserve said any plans to reform the Social Security retirement program should be self-financed and not rely on general government revenues.

Guan on Singapore's economy and financial sector

In a speech on 'Review of Singapore's economy and financial sector' given on 21 July, Koh Yong Guan of the Monetary Authority of Singapore said the MAS continues to be focused on supporting non-inflationary economic growth, developing the financial…

Brazil's Cavalheiro on regulation and Basel II

In a speech on 'Regulation of capital and financial stability' given on 12 July, Paulo Sergio Cavalheiro of the Central Bank of Brazil said supervisors still have a lot of work to be done in order to implement Basel II. The next steps include the…

RBNZ's Bollard on supervising overseas-owned banks

In a speech on 'Supervising overseas-owned banks: New Zealand's experience' given on 11 August, Alan Bollard of the Reserve Bank of New Zealand said the Reserve Bank is "seeking to reinvigorate the regulatory arrangements for New Zealand's banking system…

Nigeria's Soludo on consolidating banking industry

In a speech on 'Consolidating the Nigerian banking industry to meet the development challenges of the 21st century' given on 6 July, Charles Soludo of the Central Bank of Nigeria said the Central Bank will collaborate with other institutions - the NDIC,…

Fofana on Sierra Leone's post-conflict economy

In a speech on 'Managing Sierra Leone's post-conflict economy' given on 12 July, Mohamed Fofana of the Bank of Sierra Leone said that there is a need to ensure that West African countries stay the course in their commitment to achieve economic…

Watanagase on the Thai financial sector

In a speech on 'Thai financial sector and the challenges ahead' given on 8 July, Tarisa Watanagase of the Bank of Thailand said that so far, the Thai financial system has shown signs of resilience with promising prospects for the future. But we will…

Roi on banking in Mauritius

In a speech on 'Banking in Mauritius' given on 8 July, R Basant Roi of the Bank of Mauritius said banking, as we are all aware, involves risk. No banker, anywhere in the world, is absolutely certain that money lent out will be fully repaid in time. The…

CNB's Frait on convergence criteria

A paper 'Convergence Criteria - How Tight a Constraint under Inflation Targeting?' was presented on 23 June by Jan Frait of the Czech National Bank. The paper focuses on how tight a constraint are the convergence criteria for the conduct of inflation…

CNB's Racocha on payments systems

In the speech 'Payments systems and financial stability' given on 8 July Pavel Racocha of the Czech National Bank said the main and most real challenge connected with the payment system in the Czech Republic is EU accession. Legal changes have already…

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