Opinion/Monetary Policy
Rudiger Dornbusch
ARTICLE - Rudiger Dornbusch, a far-from-dismal economist, died on July 25th, aged 60. The Economist magazine, 9 August paid tribute to him.
Interview with Milton Friedman
INTERVIEW - Central Banking, The Quarterly Journal, contains an exclusive interview with Milton Friedman in the August 2002 edition. The Editor, Robert Pringle, spoke to US Economist Milton Friedman, just before Friedman celebrated his 90th birthday. In…
Managing the World Economy
ARTICLE - An Article by Kenneth Rogoff, Economic Counsellor and Director of the Research Department, International Monetary Fund, The Economist.
How much do you know about the Federal Reserve?
QUIZ - In a week that sees the Federal Reserve decide on interest rates and on the day that Alan Greenspan finds out he will receive a knighthood from the Queen of England, the Washington Post provides a short 10 question quiz on the Federal Reserve.
The price of a common currency
ARTICLE - Europe would soon regret any relaxation of the stability pact, argues Horst Siebert in the Financial Times, Tuesday.
Another Milton Milestone
ARTICLE - Another article paid tribute to Milton Friedman on his birthday (90) Wednesday. 'The most influential economist of the second half of the 20th century,' as the NationalReviewOnline called him. The article reveals that Friedman showed that…
ECB shows one interest rate may be better for all
ARTICLE - The case for the Euro: Exchange rate needs to drop further before UK can safely join the euro, by Professor Robin Marris. Published in the Independent newspaper, UK, 31 July.
Obituary for Rudiger Dornbusch
OBITUARY - Rudiger Dornbusch, always known as Rudi, died last week at the age of 60. He was one of the most inspirational and innovative academic economists of his generation.
O'Connell swaps central bank for sporting role
FEATURE - Central banks aren't the only ones to hold gold. The Brazilian World Cup football team will tell you that, and they've got plenty in reserves over the years. But CentralBankNet learns that the, oh so, unlucky Irish team are set to receive help,…
Working at the Bank of England
ARTICLE - Got a good head for figures? Then you should consider a career with the Bank of England, reports Monday's Guardian newspaper in the UK.
ECB expansion raises questions of independence
ARTICLE - Will new entrants to the monetary union significantly alter Euroland monetary policy? They could, unless voting rules at the ECB's Governing Council are carefully examined to avoid the possibility of regional bias. Article from the Taipei Times…
Japan-style financial crisis looms for Taiwan
ARTICLE - A researcher with the Asian Development Bank Institute said Thursday that indications are Taiwan may be due for a crisis like the one that hit Japan in 1997.
Europe's instability pact
ARTICLE - Thursday's Financial Times in London published an article by Paul De Grauwe who recently stood unsuccessfully as a candidate for the post of Vice President of the European Central Bank.
Orderly correction fortuitous
LETTER - Letter published in Thursday's edition of the London Financial Times, 25 July, from C. Fred Bergsten, Director, Institute for International Economics, Washington DC, US.
Interview with Pridiyathorn Devakula
INTERVIEW - The governor of the Bank of Thailand, Pridiyathorn Devakula, has given an interview to the Far Eastern Economic Review in which he describes himself as a 'problem solver'.
What the boss is for
ARTICLE - When Alan Greenspan, chairman of the US Federal Reserve Board, observed in a recent speech that "the CEO-dominant paradigm will likely continue to be viewed as the most viable form of corporate governance", he stepped into a minefield claimed…
Principles that should apply to Trichet nomination
LETTER - Letter published in the US edition of the Financial Times, 24 July, from Prof Irene Finel-Honigman.
US has learnt lessons from the Japanese experience
LETTER - Letter published in the UK edition of the Financial Times, 24 July, from Christopher Iggo.
The Way Ahead
ARTICLE - A Commentary by Thomas C. Dawson, Director, External Relations Department, International Monetary Fund, Far Eastern Economic Review, 25 July.
French farce
ARTICLE - Jean-Claude Trichet faces new obstacles in his quest to head the ECB. Whoever said central banking was dull? asks the Economist, 18 July.
Cheap money and big risks
ARTICLE - Those who still hang on Alan Greenspan's every word should have little difficulty predicting the direction of US interest rates: the next change will be up, writes the FT in London on Thursday in an editorial.
Zero-inflation man debates fine points at U.S. Fed
ARTICLE - He was a loyal foot soldier in a decades-long inflation battle, vowing to seek a total victory that left no sign of the enemy. But now that some say the war is won, he finds himself debating the finer points. St. Louis Fed President William…
Letter published in the Financial Times
LETTER - The Financial Times on Tuesday published a letter 'Indices are still higher than before Greenspan's prescient speech'.
Send for Mr Greenspan
ARTICLE - When Alan Greenspan speaks to members of the US Congress today on the economic outlook, one can only hope the Federal Reserve chairman proves a little more successful at bolstering confidence in America's shaky economy than President George W…