Opinion/Monetary Policy
Hanke's View on Argentina
In a paper published earlier this month by Cato in their foreign policy series Professor Steve Hanke outlines his views on solutions for the crisis in Argentina. In 1991 Professor Hanke advised the then Argentine government on the establishment of the…
Centralbanknet's Christmas Quiz
Enter Centralbanknet's christmas quiz by emailing us the answers. Most correct answers wins of course. Winner will be displayed on cbnet on Monday 7 January and the correct answers will be given.
Centralbanknet's Christmas Quiz
Enter Centralbanknet's christmas quiz by emailing us the answers. Most correct answers wins of course. Winner will be displayed on cbnet on Monday 7 January and the correct answers will be given.
Centralbanknet's Christmas Quiz
Enter Centralbanknet's christmas quiz by emailing us the answers. Most correct answers wins of course. Winner will be displayed on cbnet on Monday 7 January and the correct answers will be given.
Centralbanknet's Christmas Quiz
Enter Centralbanknet's christmas quiz by emailing us the answers. Most correct answers wins of course. Winner will be displayed on cbnet on Monday 7 January and the correct answers will be given.
Euro notes can be washed - But not at 90 Celsius
ARTICLE - If you wash your euro notes, make sure you don't do so at 90 degrees Celsius.
Eurozone is not delivering growth and jobs
LETTER - A letter published in the London edition of the Financial Times on 4 December. From Professor Tony Thirlwall, Dept of Economics, University of Kent, Canterbury, UK.
Afghan central bank - little left but dollar bills
ARTICLE - A dingy bank vault in the center of this destitute, dust-smudged capital holds the foreign-currency reserves of Afghanistan: $90,000, much of it in single dollar bills. The cash, all that remains of Afghanistan's plundered treasury, was simply…
Economic Chaos - Who's killing Argentina's Peso?
ARTICLE - Until recently, stable money and sound banking were the two pillars of an otherwise weak Argentine republic. As Argentina confronts its fourth year of recession and finds itself bankrupt, many are now blaming its monetary regime, which…
Economists can indeed 'conclude otherwise' on euro
LETTER - A letter published in the London edition of the Financial Times on 29 November.
Thai Rerngchai - sinner or scapegoat?
ARTICLE - Rerngchai Marakanond, a former Bank of Thailand governor, is about to pay a dear price for his central role in the futile baht defence in 1997. Is he a scapegoat?
Risk-averse BoJ shuns unorthodox economic measures
ARTICLE - Bank's board meeting today is not expected to yield significant action, reports the London FT 29 November.
Why world deflation is remote
ARTICLE - Samuel Brittan of the Financial Times explains why enough has probably been done to prevent recession spiralling out of control.
EU: Wim mimics Alan, but ECB still far from fed
ARTICLE - European Central Bank president Wim Duisenberg is giving the impression he wants the same level of powerful influence over monetary policy as his counterpart at the Federal Reserve.
Eurozone economy 'is on the brink of recession'
ARTICLE - The eurozone economy may shrink in the fourth quarter of this year, and there is a risk of outright recession, according to the latest growth indicator produced for the Financial Times, FT Deutschland and Les Echos.
Argentina needs effective not unthinking support
ARTICLE - Ever since the emerging market financial crises of the 1990s, many in the international financial community have expressed deep scepticism about large financial assistance packages for countries in distress.
Euro entry criteria - we are halfway there already
LETTER - A letter published in the London edition of the Financial Times, 13 November.
Academics: Trust in Greenspan led to stock crash
ARTICLE - Investor confidence in the 'superhuman' ability of Fed chairman Alan Greenspan to shelter the stock market contributed to its over-valuation and eventual crash, economists argued in an academic paper out this week.
Japan's fading economy
ARTICLE - Two years ago, at the height of the dot.com bubble, when there were already worries that the US boom would end in tears, it was argued that the world needed Japan to start growing again before the US stopped doing so. It didn't quite turn out…
Japan's puzzle - Rock bottom rates, few borrowers
ARTICLE - HIROSHIMA, JAPAN - Why does Japan's economy, despite phenomenally low interest rates, keep wasting away? The answer begins in a vegetable garden near here.
Can Alan save the day again?
ARTICLE - Probably not. In the past decade, we've created inflated ideas of the Federal Reserve's power.
Why the Federal Reserve shouldn't care about PPI
ARTICLE - Every month, the producer price index is touted as the first peek at inflation, followed in short order by the consumer price index.
Growing Greenspan role worries some
US - Alan Greenspan has been everywhere in guiding economic policy in the wake of the terrorist attacks - slashing interest rates, helping to get Wall Street running again, shaping the tax cuts being developed by Congress and evaluating which airlines…
Many Britons ignorant of Euro
ARTICLE - Captain Euro is the Euro's friendly-face, an animated character who, with his band of merry men and women, are here to educate people about Europe and its new currency.