Viewpoint
‘Back to the future’ for FX reserve management
Rise in bond yields changes the dynamics of ‘security, liquidity and return’, writes Gary Smith
Beware of capital: much ado about nothing?
Capital increases can be offset by asset valuation, provision and income recognition forbearance
How crypto is my currency?
Richard Heckinger examines how central banks are grappling with new ideas on crypto-currency and distributed ledgers
How Venezuela can stop hyperinflation – now
Redenominating the currency will not work, says Steve Hanke
Nigeria’s central bank is in the eye of the storm
The CBN needs to rebuild its damaged credibility, argues Kingsley Moghalu
Should banks hold cocos or other kinds of buffers?
Richard Heckinger examines the merits of contingent convertible bonds
Institutional undercurrents at the PBoC
What next for China's regulatory framework, and who will lead the PBoC?
What else can central banks do?
Geneva Report’s plea for more action appears misguided
Independence, liquidity and a level playing field – yet another impossible trinity?
Balancing act may prove impossible for central banks
The Chinese G20 presidency may mark a turning point
Mark Uzan defends the oft-criticised G20 communiqué
Central banks must better manage tensions over their autonomy
Kingsley Moghalu says emerging market central banks must strike a careful balance
Credit, liquidity and collateral versus more intermediation
Richard Heckinger examines the costs and benefits of complex regulations
Prepare to fail
Developing countries should learn from the failures of developed countries
State money and bank money: lifting the fog around QE
Steve Hanke calls on economists to pay more attention to the money supply
Now banks face bail-in, should we rethink deposit insurance?
David Mayes argues deposit insurance may impose unnecessary costs
Trilemma, dilemma, and the PBoC's primer for the 'new normal'
Hui Feng argues the PBoC faces a dilemma not a trilemma