Opinion/Central Banks
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.
Fed 'model' predicts stock gains
ARTICLE - A valuation model used by the U.S. Federal Reserve Board indicated last week that stocks were some 14% undervalued.
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…
The future of online banking
ARTICLE - A letter published in the Financial Times London edition, 31 October, comments on a previous feature the paper reported on the outlook for online banking.
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.
A way out for Argentina
ARTICLE - The currency board cannot survive much longer. Ricardo Hausmann says it is time for a radical alternative.
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.
Being less than temperate with economic forecasts
ARTICLE - Letter published in London edition of the Financial Times on 5 October.
Return of the gold bugs
ARTICLE - The price of gold could go to $340 an ounce within the next three months - and continue to soar after that.
More to economic forecasts than meets the eye
ARTICLE - A letter published in the London edition of the Financial Times Wednesday 2 October argues against an editorial - The value of IMF forecasts - the FT published the previous week.
The trouble with moving cash
ARTICLE - As Europe prepares to launch euro notes and coins on 1 January, 2002, even the slightest hiccup produces cries of alarm. So when shipments of coins to branches of Societe Generale did not tally with the amounts being debited from its account at…
CLASH BETWEEN GERMANY AND THE ECB
CENTRALBANKNET'S SPECIAL REPORT - In January this year, the German finance minister, Hans Eichel, underlined the government's commitment to reforming the financial sector with a proposal to create a unified financial services regulator, and in the…
Central bankers' speak out - Topics for our times
CENTRALBANKNET'S SPECIAL REPORT - For our Monday special feature this week, Centralbanknet surveys some recent speeches by central bank governors and discovers that they do not always keep to the beaten track.
What gets a central banker to the top
Central Banking Journal discovers what it takes to succeed in central banking and reveals some intriguing trends - and exceptions - in the lives of those who made it.