Thought-provoking book that will repay investment of any reader with an interest in sovereign debt
Following Mark Carney’s “breaking the tragedy of the horizon” speech in 2015, it became apparent central banks and regulators needed to sit up and take responsibility for risks emerging as a result of climate change.
Veteran governor speaks about country’s shift to market economy, the euro, mandate-drift and independence
Climate change is becoming increasingly important to central banks thanks to its implications for financial stability. In a forum sponsored by Amundi, Central Banking convened a panel of experts to discuss the latest innovations, regulations and…
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
Increasing global concern about climate change is causing central banks to take notice of the issue and its potential implications. Frédéric Samama, head of institutional client coverage at Amundi, examines the findings of Central Banking’s survey on…
As climate-related risks to the financial sector become increasingly understood, central banks are demonstrating their willingness to develop capabilities to analyse the impact and modify their policies. A new survey indicates a watershed for central…
Ulrich Volz explores why strong leadership is required from central banks and supervisors to ensure the financial sector will be in a position to weather climate risks.
Rajan sets out ambitious – but deliberately non-radical – manifesto for reform at local level
MAS’s Menon explains use of customised fixed income benchmarks and factor-based models
The Fed is cutting the size of its balance sheet, but is unlikely to reduce it to pre-crisis levels
Zhou Xiaochuan shares his insights on central bank leadership in China’s economic reform
Making economics accessible to everyone
High international debt exposures, large deficits and institutional frailty have fuelled capital outflows, weaker currencies and soaring inflation in Argentina and Turkey
RBI’s high-profile skirmishes with India’s populist government in 2018 threatened central bank’s mission
Ukrainian governor says politically powerful people still blocking economic reform
Michael Reddell remains unconvinced Fed’s introduction of IOR prolonged recession
Readable and useful book that provides much food for thought, and should be read widely by economists and policy-makers
Chicago economics’ gladiatorial debating style has cost the discipline dearly, the authors argue
What is the role of central banks when it comes to climate change risks?
Renminbi investments still account for much smaller fraction of global forex reserves than China’s significance in world economy would merit
This is a timely book about ‘how money really works’
Volcker delivers fascinating history-laden memoir, writes Jean-Claude Trichet
Book notes: Macroprudential policy and practice, edited by Paul Mizen, Margarita Rubio and Philip Turner
Important overview of current state of thinking about macro-prudential policy, but uncertainties remain about current allocation of financial stability responsibilities