Index for Central Banking journal Volumes I–XXIII (1990–2013)

See end of index for list of “Special features”

Author/Subject Article title Volume

Abed, George Reform in the midst of crisis XVIII.1 Addison, Dr West African currency union XII.3 Ernest Adams, Charles Asia’s emerging safety net XXII.3 and Song, Lei Lei Africa Ryrie, Sir William Financing the private sector in Sub-Saharan Africa I.1 Booknotes Books on Intl financial institutions, African development bank, VII.1 /pound, developing countries and central banks, single currency issues Central Banking Currency unions reborn Caribbean, West Africa, Australia–New XI.1 Zealand Goedhuys, Profile of Reserve Bank of South Africa IV.3 Diederick A new banking law for South Africa I.4 Oelkers, Dr Felix South Africa: a new era opens X.1 Addison, Dr West African currency union XII.3 Ernest Reserve Bank of Special Issue VII.4 South Africa Monetary and exchange rate policy VII.4 Economic developments over the previous 10 years VII.4 The reserve bank and gold VII.4 History and organisation VII.4 Stals, Chris Interview with [Governor Reserve Bank of South Africa] III.1 A practical approach to central bank independence IV.3 Interview with [Governor Reserve Bank of South Africa] VII.4 Hesselmark, Olof The fall and rise of the Bank of Zambia VIII.4 Mboweni, Tito Interview with [Governor Reserve Bank of South Africa] XII.4 Moyana, Kombo Interview with [Governor Reserve Bank Zimbabwe] IV.1 James Ahady, Anwar Interview with [Governor of Afghanistan] (Nick Carver) XII.4 Aizenman, Reserves and the crisis: a reassessment XIX.3 Joshua Alesina, Alberto Governance in Colombia’s central bank XI.4 et al Alexander, Caribbean currency union XI.2 Delroy Aliber, Robert The looming crisis in international payments XIV.2 A new approach to liquidity management XV.2 Allen, Bill Implementing monetary policy XV.2 Why monetary policies have not been too loose XVII.2

1 Russia’s dilemma XVIII.4 Liquidity regulation and its consequences XXI.2 Collateral eligibility as a policy weapon XXII.4 Allen, Bill and Monetary policy frameworks XI.3 Sterne, Gabriel Allen, Bill and The big collateral squeeze XXIII.3 Moessner, Richhild Allsopp, Peter CLS Bank XII.2 Alphandéry, Introduction-enlarging the euro area XIII.1 Edmond Al Maraj, Interview with [Malan Rietveld] XIX.4 Rasheed Al-Sabah, Sheikh Interview with [Governor of Central Bank of Kuwait] I.3 Salem Abdul Aziz Al Shaali, Nasser Interview with [Malan Rietvedl] XIX.4 Al-Sayari, Hamad Interview with [Governor of SAMA] XIII.2 Saud Annunziata, Information crunch: a 21st century crisis XVIII.2 Marco Andersen, Bodil Interview with [Governor Danmarks Nationalbank] XII.1 Andrade, Sandro Credit risk measurement model XI.4 Angelov, Ivan Why needs a managed float XIX.1 Arnold, Keith Interview with [Governor of Central Bank of Belize] X.1 Asia Cargill, Thomas New mandates for [central banks in] Korea and Japan VIII.3 F. Central Banking A surfeit of capital: how Asian central banks cope with capital inflows VI.2 team Central Bank of Kazakhstan decision to float tenge IX.4 China, Central The contribution of the CB of China to Taiwan’s economic development VIII.1 Bank of The organisation of the Central bank of China and its independence VIII.1 Monetary policy objectives and instruments VIII.1 The ROC’s experience of asset price inflation and deflation in the mid- VIII.1 1980s through early 1990s Foreign exchange management VIII.1 The Central Bank of China’s role in banking supervision VIII.1 Background and strategies for developing Taiwan as a regional financial VIII.1 centre Dickie, Paul Asian monetary union [ former director Asian Development Bank] X.1 Editorial EBRD looks for top credit rating, Problems of federal central banks, I.4 Models of Independence, 12 global players, A Japanese rescue in the City Gilley, Bruce and On China’s central bank XII.1 Murphy, David Harris, Graham Who gains from Japan’s big bang? VIII.2 Attali, Jacques The European Bank: My vision of its role, my plan for its future I.4 Austin, Semming Lessons learned from outsourcing at Norges Bank XV.3 Avramović, Interview with VI.4

2 Dragoslav Aziz, Zeti Akhtar Interview [with Claire Jones] XIX.1 Baker, Blair A new Bank of Mongolia XIII.2 The costs of capital inadequacy [Costa Rica] XV.4 Donald Kohn: a life in central banking XXI.1 Interview: Alan Bollard XXII.2 Interview: Prasarn Trairatvorakul XXIII.1 Baker, Blair and 25 years of the ECCB XVIII.4 Espejo,Giancarlo Baker, Blair and Interview with Jean-Pierre Roth XVII.2 Singer, Zina with Erin Kogan An insider looks back at the Greenspan Fed [Gramlich] XVI.2 Baker, Dean Should we worry about inflation? XIX.3 Baker, Simon Central bank of Russia, independent but unaccountable X.4 Gerashchenko goes XII.4 Balcerowicz, Interview with [President of National Bank of ] XIV.4 Leszek Balder, John The Fed’s challenge XIX.1 Bannock, Graham Big banks, Big mistakes? I.1 What central bankers need to know about smaller firms V.2 Conversion costs for the UK XIII.2 The challenge of development XVII.2 Banny, Charles The future of the BCEAO XIII.2 Konan Barnea, Emanuel The supervision of banks [in Israel] VII.3 Batia, Wladyslav Respect the National Bank- former President of central bank pleads with V.3 critics to respect independence of Poland’s central bank Batista Dattoli, Activity-based costing: a case study XVIII.3 Jose Clovis and Henrique Flavio Beadle, Terry It in smaller central banks XV.3 How to manage system risks XVIII.1 A match made in heaven? XVIII.3 Beadle, Terry and Key areas where a risk management system can support a central bank’s XI.4 Higginson, Paul financial market ops. de Beaufort, The case for corporate debt in reserve management XII.4 Robert et al. Becker, Jürgen Banking Supervision: who does what? VI.1 Behrendt, Sven Beyond Santiago XIX.4 Bell, Stephen How Australia’s central bank won its independence XV.1 Ian Macfarlane-a proud record XVII.2 Bengt, Dennis Interview with [Governor Riksbank] II.4 Bernholz, Peter Inflation is still the real danger XIV.1 Berry, John M. Is the Fed’s power legitimate? VI.4 The barons and the board VII.2 Kid gloves for Greenspan VII.3 Greenspan’s view of the world X.2 Greenspan stirs a tempest XI.3 The Fed and the White House XII.1

3 Beschloss, World Bank survey of reserve managers X.4 Afsaneh and Mendes, Wendy Bingham, T.R.G Gold in the International Monetary System III.2 Bini Smaghi, Europe’s exchange rate regime XVIII.1 Lorenzo Birchler, Urs and The future of bank capital XXIII.1 Jackson, Patricia

Bishop, Graham Risks of rejecting euro for the City of London XII.2 The politics of the XIII.3 Biswas, Prabir India’s vast banknote circulation XVII.2 Bitterlich, Towards better economic governance XVIII.1 Joachim Blejer, Mario Central bank use of contingent liabilities XI.3 Interview with [Former governor of Central Bank of Argentina] XIII.1 de Boisseau, The EMS crisis and the III.4 Christian Interview with [Robert Pringle] XV.1 Reflections and comparisons XVII.4 Bogetic, Zeljko Seigniorage and dollarization – sharing arrangements X.4 The calculus of dollarization XI.2 Bøhn, Harald Risk management XI.4 Bohnec, Darko Monetary operations: the case of Slovenia VIII.1 and Bradesko, Jozef Bonello, Michael Interview with [Governor, CB of Malta] XIV.3 Booknotes A French view of the EMS, Central Bank Independence, SUERF IV.1 colloquium David Kynaston The city 1890-1914 VI.2 Book reviews V.3 Book reviews V.4 David Kynaston VI.2 Book reviews VI.3 Books on Russia, EMU and currency boards VI.4 Books on international financial institutions, the African Development VII.1 Bank, euro/pound, developing countries and central banks, single currency issues Handbook on central banking, the political economy of independence, VII.2 assessment of independence, central banking and regulation Frowen reviews “Banking cultures of the world” VII.3 Leonhard Gleske reviews “50 years of the d-mark” IX.1 Japan’s bureaucrats, Inside the Bundesbank, MG-theory, designing the IX.2 perfect central bank, Alan Blinder on central bankers’ tricks of the trade The virtual banking revolution, inside international finance IX.3 The social market economy and monetary stability, the Greenspan X.2 effect, The millennium in gold Graham Bannock reviews Joseph Stiglitz and three books on economic XIII.1 growth Benedict Mander reviews Eichengreen and Mussa XIII.2

4 Forrest Capie reviews Allan Meltzer’s Fed history and Benedict Mander XIII.3 reviews John Crow’s memoir “Making Money” Martin Paldam reviews Peter Bernholz on hyperinflation XIV.2 James reviews Bindseil on monetary operations, Paul Brione reviews XV.1 ECB authors on the European monetary channel Paul Brione reviews Richard Roberts’s book on the City of London XV.2 Richard Bai reviews a new history of central banking in Britain and the XVI.2 United States David Mayes reviews a new history of the Reserve Bank of New XVII.1 Zealand. John Chown enjoys “Living standards and the wealth of nations,” edited XVII.1 by Leszek Balcerowicz and Stanley Fischer, Nikolaos Lavranos hails Rosa Lastra’s “Legal Foundations of XVII.3 International Monetary Stability2” as a must for lawyers, academics and students Andrew Haldane reviews Franklin Allen’s and Douglas Gale’s XVIII.1 “Understanding Financial Crises”, and Andrew Smithers looks at Nassim Nicholas Taleb’s “The Black Swan: The Impact of the Highly Improbable” Reviews of four new books on central banking XVIII.2 Andrew Smithers reviews “Plight of the Fortune Tellers”, by Riccardo XVIII.3 Rebonato, and David Mayes reviews “Optimal monetary policy under uncertainty” by Richard Froyen and Alfred Guender. John Nugée reviews Robert J. Shiller’s “The Subprime Solution”, John XIX.2 Chown reviews “When Markets Collide” by Mohamed El-Erian, and Andrew Smithers looks at “Ben Bernanke’s Fed” by Ethan Harris John Nugée reviews “The Return of Depression Economics” by Paul XIX.3 Krugman, Jean-Jacques Rey takes a look at “It’s Not All About Money” by Hans J Baer and John Chown reads John Nugée and Paola Subacci’s “The Gulf ” Robert Pringle and Hugh Sandeman review “Fixing Global Finance” by XIX.4 Martin Wolf, “Getting Off Track” by John B. Taylor, “House of Cards” by William D. Cohan, “Fool’s Gold” by Gillian Tett, “Central Banking in a Free Society” by Tim Congdon, “Chasing Alpha” by Philip Augar, “The Fundamental Priciples of Regulation” by Markus Brunnermeier, Andrew Crockett, Charles Goodhart, Avinash Persaud and Hyun Shin, “The Regulatory Response to the Financial Crisis” by Charles Goodhart and “Towards a New Framework for Financial Stability” by David Mayes, Robert Pringle and Michael Taylor. Victoria Chick reviews “Keynes: The Return of the Master” by Robert XX.2 Skidelsky John Nugée reviews “Lords of Finance: 1929, the Great Depression and XX.3 the Bankers Who Broke the World” by Liaquat Ahamed, Claire Jones reviews “Too Big To Fail: Inside the Battle to Save Wall Street” by Andrew Ross Sorkin, John Chown reviews “From Asian to Global Financial Crisis: An Asian Regulator’s View of Unfettered Finance in the 1990s and 2000s” by Andrew Sheng, Richard Heckinger reviews “Clearing Services for Global Markets” by Tina P. Hasenpusch, and Robert Pringle reviews “The Palgrave Encyclopedia of World Economic History” by Graham Bannock and R.E Baxter.

5 Marcus Miller reviews “On the Brink: Inside the race to stop the XX.4 collapse of the global financial system” by Henry M. Paulson, Claire Jones reviews “Banking on the Future: The Fall and Rise of Central Banking” by Howard Davies and David Green, Graham Bannock reviews “The Keynes Solution: The Path to Global Economic Prosperity” by Paul Davidson, and Prabir Kumar Biswas reviews “The Fall of the House of Credit: What went wrong in banking and what can be done to repair the damage?” by Alistair Milne. Kern Alexander reviews “Fault Lines: How Hidden Fractures Still XXI.1 Threaten the World Economy” by Raghuram Rajan, Peter Sinclair reviews “Econned: How Unenlightened Self Interest Damaged Democracy and Corrupted Capitalism” by Yves Smith, and John Chown reviews “13 Bankers: The Wall Street Takeover and the Next Financial Meltdown” by Simon Johnson and James Kwak. Borrett, Daisy Has the IMF abused its power in Asia? [Fischer/Feldstein debate] IX.1 Braasch, Bernd A new financial architecture XXII.4 The future of monetary policy XXIII.3 Brash, Donald Interview with [Governor Reserve Bank of New Zealand] I.4 Interview with [Governor Reserve Bank of New Zealand] X.4 Brown, Brendan Why monetary base control can offer stability XXI.1 and Pringle, Robert Brown, Brendan Life after death for the Emu XXII.3 Brione, Paul Key insight embodied in new technology (Ed Prescott post-Nobel prize XV.2 mini-interview) The role of central bank capital XV.2 Politicians’ itch to interfere XV.3 News in debt XV.4 Progress on sovereign debt XVI.1 Central bank staff costs XVI.2 A guide to the debate on global imbalances XVI.3 Government debt gears up for change XVI.4 When 364 economists were wrong XVI.4 Bank beds in its new money market XVII.1 How the euro gives Britain a free ride XVII.1 British Lessons from Northern Rock XVIII.3 Lawmakers Brittan, Samuel Interview with IX.4 Fuddy-dudyism without money XXI.2 Bruer, Rolf E Future of banking and securities market in Germany X.3 Budgen, Nick Why a half-way house is best [UK Government and Bank] VII.3 Buiter, Willem Reform of the stability and growth pact XIII.3 Clipping central bankers’ wings XVIII.2 Bush, Janet Why Britain should not join the euro XIII.1 Bufacchi, Isabella The new Banca d’Italia XVI.3 Draghi prepares to slim down XIX.1 Insider track on the Bank of Italy affair XXII.3 Caesar, Rolf Central bank constitutions: a new approach XI.1 Calomiris, When Hong Kong trounced the speculators [Review of Goodhart and XIV.4 Charles Dai’s book on HKMA intervention]

6 Camdessus, The economic transformation of Eastern Europe I.4 Michel Looking forward V.1 Capie, Forrest Review of Meltzer’s history of the Fed XIII.3 Capie, Forrest and Central banks and inflation: part 1 II.2 Wood, Geoffrey Central banks and inflation: part 2 II.3 Cargill, Thomas New mandates for [central banks in] Korea and Japan VIII.3 F. Lessons from Japan XIX.3 Cargill, Thomas Tokyo disputes inflation targets XVI.3 F. and Guerrero, Federico Cargill, Thomas Searching for stability XXIII.3 and Nguyen, Tuan Cargill, Thomas Why deflation is even worse than inflation XIV.1 F. and Parker, Elliott Carver, Nick The problem with sovereign debt restructuring XII.4 A spring-cleaning for the Eurosystem XIII.4 Scorecard for the City XIV.1 The Iraqi currency conversion XIV.2 Europe cashes in on its old money XIV.2 The new interest in foreign reserves at the Reserve Bank of New XIV.4 Zealand Euro cash in demand XV.1 Interview with Y.V. Reddy [Reserve Bank of India governor] XV.1 Gentlemen prefer bonds XV.1 Why am I here? [mission statements] XV.1 Turkey gains monetary credibility XV.2 The rise of reserve management XV.3 Central banks feel the pinch XV.4 Last through the door? [Bulgaria, and and the euro] XVI.1 The Riksbank’s ongoing reforms XVI.2 Interview with Lars Heikensten [Riksbank governor] XVI.2 Should reserve management be farmed out? XVI.3 Dates slide for euro hopefuls XVI.4 Interview with Ajith Nivard Cabraal XVII.4 The rise of polymer XVII.4 Carver, Nick and Rising from the ashes: the new Central Bank of Iraq XV.1 Pringle, Robert Cassel, Frank The fund and bank: learning the right lessons? XIII.4 Cecchetti, The Fed and the crisis XVIII.2 Stephen Central banker’s VII.4 diary Central Banking BCCI: The Role of the central banks II.1 BCCI in developing countries II.1 Eleven trends in international commercial banking in 1991 II.3 How central banks are seen from the outside [Survey] II.4

7 The currency crisis: 7 part special [ERM 1992] III.2 Banking Supervision after BCCI IV.1 Plans for Bank’s tercentenary IV.1 Towards the D-Mark standard IV.1 The Bank among its peers IV.4 The changing role of the bank of England IV.4 The Bank of England’s Tercentenary V.1 Ranking central banks: statistical supplement V.1 Russia’s new lady governor V.3 EMI: Lamfalussy’s first report V.4 The Russian central bank in transition V.4 Training for the CIS V.4 The capital of the world’s top central banks V.4 Inflation: who’s beating it? V.4 How much gold is enough? V.4 Profiles of Bundesbank Presidents VI.1 EMU news VI.1 A surfeit of capital: how Asian central banks cope with capital inflows VI.2 Obituary of Lord O’Brien of Lothbury VI.3 G10 plans to change banks’ attitudes VI.4 The Fed stands tall VI.4 How the Fund and Bank came to central banking VII.1 Winners and losers from EMU VII.2 IMF annual jamboree VII.2 News analysis: BIS goes global, Nazi gold and dormant accounts, Gold VII.2 and debt Should Britain join? No/Yes/Yes, but… VII.2 US—big rise in seigniorage VII.3 Dispute over ECB profits VII.4 Central banking goes online VII.4 ESCB profits: a Bundesbank miscalculation? VIII.2 how not to introduce a new currency VIII.3 Whimper from the Bundesbank VIII.4 Publish and be damned [ECB minutes] VIII.4 Hands up for Hanke! VIII.4 The Bank of England Act VIII.4 Will the Swiss sell gold? VIII.4 Taking silly pot shots at Duisenberg IX.1 Money laundering today IX.1 Central Banking Outlook for interest rates IX.3 Greenspan ‘bubble’ credit crunch in the US IX.3 Outlook for interest rates IX.4 Central Bank of Kazakhstan decision to float tenge IX.4 Britain sells Gold—developing country distress X.1 Currency boards in the Balkans X.1 An impressive past [OECD] but what of the future? X.1 Governor washes own socks X.1 The new agreement on gold X.2 Survey of central bank libraries X.3 Currency unions reborn Caribbean, West Africa, A-NZ XI.1

8 Women in central banks XI.3 Central bank vital statistics XII.2 Central banks in the war against terrorism XII.2 Profiting from the euro XII.3 Central bank website award XIII.4 Convergence report (EU accession) XIV.4 China calls on the Fund to adjust XV.2 Trends in money market operations XV.2 Research on financial stability XV.2 Money market reforms take shape XV.3 Sovereign asset and debt management XVI.1 Bernanke on Bernanke XVI.2 Singapore notes XVII.2 Early lessons from the credit crunch XVIII.4 Crisis chronology XIX.2 Banknotes XIX.3 Banknotes XIX.4 Lessons from Canada XIX.4 Banknotes XX.1 Chalamish, Efi A sovereign wealth case study from Ghana XXII.4 and Opata, Steve Chick, Victoria Stephen Frowen: a tribute XVIII.3 China, Central The contribution of the Central Bank of China to Taiwan’s economic VIII.1 Bank of development The organisation of the Central Bank of China and its independence VIII.1 Monetary policy objectives and instruments VIII.1 The ROC’s experience of asset price inflation and deflation in the mid- VIII.1 1980s through early 1990s Foreign exchange management VIII.1 The Central Bank of China’s role in banking supervision VIII.1 Background and strategies for developing Taiwan as a regional financial VIII.1 centre

Chown, John Russian currency crisis IX.2 Contrast in accounts by John Major and Norman Lamont of Black X.4 Wednesday Currency crises compared XIII.2 Making markets work XIV.3 Reviews “When Markets Collide” by Mohamed El-Erian XIX.2 Reviews John Nugée and Paola Subacci’s “The Gulf Region” XIX.3 Reflections on the future of the banking system XX.2 Conflicts of interest and systemic risk XXI.2 Chown, John and How the West can help [Russia] III.3 Wood, Geoffrey Christodoulou, Interview with [Governor of the Central Bank of Cyprus] XIV.4 Christodoulos City of London Reserve Asset Management III.4 Central Banking Conference Clarke, William The Midwives of the New Europe I.1

9 M. Tsarist gold: a remarkable parallel II.2 Promoting London as a financial centre: too many cooks? VI.3 Nazi gold- role of central banks-where does the blame lie? VIII.1 Nazi gold: Fifty years too late VIII.3 Analysis: Who uses the euro? XI.1 Special feature: Richard Fry XI.1 Reviews David Kynaston’s City part 4 XII.1 Euro: challenges confronting XII.2 Reviews Kynaston and Roberts the city and society XII.2 Next steps for the stability pact XIII.4 The pact’s last stand XV.4 Clarke, Kenneth Interview [with Robert Pringle] XVI.1 Clausen, A.W. Interview with I.1 Clavijo, Sergio Policy co-ordination in Colombia: response to Alesina XI.2 Coats, Warren Sunny outlook for the Cayman Islands XIX.1 The case for a real SDR currency board XXII.2 Codrington, Barbados sails on XVII.2 Bernard Colombian Bridging the communications gap XVIII.4 Central Bank Congdon, Problems that were neglected at Maastricht III.1 Professor Tim The role of central banking in development VI.4 The US “credit craze” IX.4 The way forward for Japan XII.4 New light on the Fed’s history XIV.3 Cooke, Peter Financial regulation in the 1990s I.1 Cooper, Richard A future for the SDR? XX.4 Corrigan, The New York Fed urges reform I.1 E.Gerald Interview with IV.4 Courtis, Neil Central banks on the net VII.2 Mr George goes to Westminster VII.3 Interim report on the MPC IX.2 Central banks on the internet – outdated and dog-eared IX.2 Commission eyes juicy ESCB profits IX.3 The millennium dilemma [public demand for cash] IX.4 Y2K—central banks stockpile currency X.1 Down the Basel road X.2 Appointing the MPC-examines Conservative party report X.4 Behind the scenes in Basel XIII.1 What is a central bank governor worth? XIV.2 Can central banks be efficient XIV.2 Central bankers bid to prevent PC-based counterfeiting XIV.4 Retired Bank grandees face grilling in BCCI case XV.1 Courtis, Neil and Boardroom split at the Reserve Bank of New Zealand XIV.2 Carver, Nick Crockett, Andrew Interview BIS General Manager (Klaus Engelen) VIII.3 Cromer, Lord An appreciation of Lord O’Brien of Lothbury I.4

10 Currency union Central Banking: Currency unions reborn Caribbean, West Africa, XI.1 Australia–New Zealand Alexander, Delroy Caribbean currency union XI.2 Addison, Dr Ernest West African currency union XII.3 Darbyshire, Talking numbers XVII.4 Robin Central Bank of Ruritania: management commentary XVII.4 Darling, Alistair Interview with ‘Darling of the city’ V.4 Dawson, Tom Interview with XII.1 De Grauwe, Paul Interview with [Malan Rietveld] XIX.3 Dean, James W. In praise of Robert Mundell XII.1 Deane, Majorie Review of Bank of England and Public policy 41-58 by John Fforde II.4 Review of A domestic history of the Bank of England 1930-60 by III.2 Elizabeth Hennessey At the top of the IMF and World bank [assessment of former and present V.3 leaders] The World Bank’s new president James Wolfensohn V.4 Personalities and power [at the Fed] VI.4 Reviews Back from the brink by Stephen Beckner VII.4 Local colour in monetary policymaking IX.1 Recalls her conversations with William McChesney Martin [Obituary] IX.2 Deane, Majorie IMF Annual Meeting [Washington Notebook] III.2 and Pringle, Robert Dennis, Bengt Interview with [Governor of the Riksbank] III.4 Dickens, Rodney New Zealand breaks with the Brash era XVIII.1 Dickie, Paul Asian monetary union [former director of Asian Development Bank] X.1 Dinkic, Mladjan Interview with [Governor of National Bank of Yugoslavia] (Nick XIII.3 Carver) Dodge, David Interview with [Governor of Bank of Canada] (Robert Pringle) XV.4 Dowd, Kevin The end of the monetary phenomenon XXII.2 Dubinin, Sergei Interview with [Governor of the Bank of Russia] VII.2 Duisenberg, Wim For the record [statements after June July 98 executive board meetings] IX.1 Interview with IX.3 Dullien, Sebastian Over a barrel no more XVI.3 and Schieritz, Mark Eades, Brent Websites: why are we there? XIII.1 Editorial (see Central bankers to the centre stage I.1 also Opinion) Over to you Karl Otto I.2 The Gulf Test I.3 Derailing EMU I.3 EBRD looks for top credit rating, Problems of federal central banks, I.4 Models of Independence, 12 global players, A Japanese rescue in the City (leader) The BCCI Disaster II.1 Make the ECBS truly accountable II.2 New Team, New Bank III.3

11 Central Bankers bask in praise III.3 Last summer’s currency crisis III.3 Eichengreen, Emerging markets suffer XIX.2 Barry ELEC An economic government for Europe XV.2 El-Erian, Interview with XVI.4 Mohamed Eltis, Walter Keynes and Third World Bank Failures IV.1 Enderlein, Henrik One size fits none XVI.1 Engelen, Klaus Why Schröder is ready to shoot down Basel II XII.3 Overhaul of the Bundesbank XII.4 A crisis of identity XVII.1 Turmoil in Basel XIX.1 Berlin and the Buba in spat over IMF XXII.4 The ECB’s balance sheet XXIII.1 Banking union divides Europe XXIII.2 The Bundesbank’s struggle XXIII.2 Erb, Richard D. Interview with V.1 American perspectives on the euro VII.4 The SDR: an international reserve liability XIV.3 Espana, Banco Spanish monetary policy in the run-up to EMU VIII.2 de Monetary policy: accountability and external relations VIII.2 Structure and organisation VIII.2 Developing Spain’s financial system VIII.2 Financial supervision VIII.2 Evans, Mike Hitting the target XIII.4 Fed, the How the system works VI.4 Setting the rules for International finance VI.4 Feldman, Robert Why the Bank of Japan needs to regain trust XVIII.2 Feldstein, Martin Interview with [RP] XIV.1 Feng, Hui Behind China’s reform drive XVII.1 China’s new reserve strategy XVII.3 Inside Beijing’s power struggle XIX.1 The People’s Bank of China’s battle on two fronts XXI.2 The beginning of the end? XXIII.1 The next ‘Mr RMB’? XXIII.3 Fischer, Stanley IMF as international lender of last resort IX.3 Interview with XII.2 Flight, Howard Why has Brown ditched Prudence XIV.3 Forder, James The case against inflation targets VIII.4 Foster, Jeremy Reporting central banking performance [PwC] X.4 Improving financial reporting XV.1 Central banks should close the governance gap XVI.4 with Stephen Learning from the private sector XVIII.3 Anderson Fourie, Johan Inflation credibility XIX.2 Frait, Jan Managing with negative capital XVI.2 ; S Frowen vs Norman Lamont XI.1 Frank, Nathaniel Shock to the system XIX.1

12 with Gonzalez- Hermosillo, Brenda and Hesse, Heiko Frenkel, Jacob Interview with VII.3 Friedman, Milton Do we need central banks? V.1 Interview with XIII.1 Frowen, Stephen Review of Banking cultures of the world VII.3 Farewell to Tietmeyer X.2 Review of The social market economy and monetary stability by Hans X.2 Tietmeyer Reflections on black Wednesday X.3 Trichet and the euro XI.2 The ethics of monetary stability III.3 with Karakitsos, Weber reveals his monetary policy stance XVI.4 Elias Fry, Maxwell Emancipating the banking system [markets for G debt] VII.2 Gaskell, Peter France’s financial elite X.3 Genberg, Hans The calculus of international currency use XX.3 de la Genière, A tribute by André de Lattre I.3 Renaud George, Eddie The pursuit of financial stability IV.3 Inflation targets: the British experience VI.4 Interview with RP XI.1 Gerlach-Kristen, Insiders and outsiders (Bank’s MPC) XIV.1 Petra Gerstenfeld, Dan Fischer wows Israel XVI.2 Giersch, Herbert Hardening the euro VIII.4 Gieve, John A return to complexity: economic policy after the crisis XX.4 The puzzle of monetary policy XXIII.1 Gilley, Bruce and On China’s central bank XII.1 Murphy, David Gleske, Leonhard Obituary of Karl Klasen II.1 Bundesbank independence, organisation and decision-making VI.1 Reviews 50 years of the DM IX.1 Goedhuys, How to set up a central bank I.2 Diederik A new banking law for South Africa I.4 Islamic Banking spreads its wings III.2 Profile of Reserve Bank of South Africa IV.3 Central banks in search of a lodestar – again [Inflation targets] VIII.4 Gomulka, The Polish conflict XIII.1 Stanislaw Goodfriend, The Fed in the international central banking community XVIII.2 Marvin Forum: the bubble question XIX.2 Renminbi politics XVIII.4 Goodhart, Interview with XI.3 Charles Dear Jean-Claude… XVI.1

13 Time for the ECB to intervene XVI.1 Prevention is better than cure XVII.3 Interview with XVIII.3 Are CoCos from cloud cuckoo-land? XXI.1 Goodhart, Separation between supervisory and monetary authorities IV.1 Charles and Schoenmaker, Dirk Gold Clarke, William: Tsarist gold: a remarkable parallel II.2 Bingham, T.R.G: Gold in the International Monetary System III.2 Gulley, David: Central banks and the gold market V.2 Opinion: Central banks and the gold market VI.3 Clarke, William: Nazi gold - role of central banks - where does the VIII.1 blame lie? Clarke, William: Nazi gold: Fifty years too late VIII.3 Central Banking Britain sells gold – developing country distress X.1 Central Banking: The new agreement on gold X.2 Leyland, Jill: Why attitudes to gold have changed XXI.1 Gorter, Jacobs, Negative interest rates for the euro area? XX.2 de Haan Gottlieb, Dr Why the economy (Israel) has grown so rapidly VII.3 Daniel Graboyes, Robert A Yankee recipe for an EMU omelette I.2 Greaves, Jennifer Effective IT with limited resources XV.3 Greece, Bank of Profile of Lucas Papademos VI.3 History and organisation of the Bank of Greece VI.3 Financial Reform and the Banking System VI.3 Convergence, EMU and the VI.3 Central bank policy today VI.3 Greenspan, Alan Why Daiwa had to quit the USA VI.3 Risk and moral hazard X.4 The international role of the euro XII.3 Reflections on central banking XVI.3 Grenville, The end of history-post inflation victory challenges XII.1 Stephen Griffith-Jones, Financial system reform XII.3 Stephany Griffith-Jones, The benefits of a broader Basel XIII.3 Stephany; Spratt, Stephen and Segoviano, Miguel Gronkiewicz- Interview with [President of CB Poland] XI.2 Waltz, Hanna Gros, Daniel with A view from business XIX.2 Micossi, Stefano Monetary implications of accession XIII.1 Gulley, David Central banks and the gold market V.2 Gurgiev, Data: at the core of the problem XXII.3

14 Constantin and Saxton, Keith Haan, Jakob de Policy forecasts: a new frontier in communication XX.4 Haldane, Andrew A framework for financial stability XV.3 Interview with [Robert Pringle] XXI.1 Hale, David Why is the gold price rallying? XIII.3 Asia’s gold card XIV.1 China’s currency conundrum XVI.1 Bernanke sets out his stall XVII.2 Hall, William Life after monetary union-talks with VIII.3 Suing the BIS XI.3 A BIS embarrassed XIII.3 Hämäläinen, Interview with VII.3 Sirkka Hanke, Steve H. Currency board for Mexico VI.4 Argentina and the Tequila effect VI.4 A field report from Sarajevo and Pale (Bosnia) VII.3 Currency boards, bank on the currency principle VIII.1 The trouble with pegged rates IX.2 Dollarisation: best strategy for developing countries IX.4 Two cheers for Rubin and Summers X.2 Reform of the IMF [post-Indonesia] XI.2 What’s wrong with central bank websites XI.3 Balance sheets please! XI.4 Argentina’s pseudo crisis XII.1 RMB on hold XVI.1 Why statistics matter XVI.2 Scorecard for Bulgaria’s currency board XVIII.1 Why Argentina did not have a currency board XVIII.3 Hanke, Steve H. Transparency Now! VIII.3 and Keleher, Robert Hanke, Steve H. What went wrong in Argentina? XII.3 and Schuler, Kurt Hanke, Steve H. A shroud of secrecy XIII.1 and Sekerke, Matt St Helena’s currency board XIII.3 Towards a better SDDS XIV.1 How Bulgaria is destroying its “currency board” XIV.1 Iraq’s botched currency reform XIV.3 Iraq’s central bank: in search of raison d’etre XV.3 Hansen, Ib and How Danmark’s Nationalbank manages its market risk XI.4 Ølgaard, Christian Harley, Ian Interview with Chief exec of Abbey National X.1 Harris, Graham Who gains from Japan’s Big bang? VIII.2 Harui, Hisashi Questions Fukui still has to answer XVII.1 Normalisation in jeopardy XVIII.2 Balance sheet lessons from the BoJ XXII.3 Hausler, Gerd Germany’s position as a financial centre V.2

15 Hayami, Masaru Views on the euro IX.3 Heinrich, Gregor E-money update [BIS survey] and Srinivas, Gynedi Hennessey, How central bankers are trained I.4 Elizabeth Reviews History of the House of Rothschild and Essays, morals, IX.4 political and economic by Samuel Brittan The Georgian era at the Bank of England XIII.4 Obituary of John Page, chief cashier at the Bank XV.4 Hess, Gregory and Exchange rate volatility not increased in last few years IX.4 Humpage, Owen Herbertsson, What Iceland taught us XIX.3 Tryggvi Thor Hesselmark, Olof The fall and rise of the Bank of Zambia VIII.4 Higginson, Paul, Central bank risk management XII.1 and Beadle, Terry Hinge, Daniel Interview: Zina Asankojoeva XXIII.3 Hoffmeyer, Erik Interview with [Governor Danmarks Nationalbank] V.2 A view from Europe [of the Fed] VI.4 Hoggarth, Glenn, Monetary policy in transition- the case of central Europe [overview] VIII.1 Holmes, Roger Interview with NC [dep master of royal mint] X.3 Honohan, Patrick Interview with [Claire Jones] XXI.1 Horáková, Interview with Zdenĕk Tůma XIX.4 Martina Decoupling revisited XX.1 Horáková, Held to account XXIII.3 Martina, Hinge Daniel and Carlyle. Tristan Horsfall Pierre Interview with WC [Jersey] II.4 and Colin Powell Hoshi, Takeo Lessons from Japan XVIII.4 Hosking, Patrick Bank of England – talking to John Vickers X.3 Houben, Aerdt Monetary policy strategy XII.2 Houghton-Budd, The future of central banking—electronic finance and money XI.4 Christopher Hubbard, Glen Getting the policy mix right Hughes, A.V. Central Banking at the small end [Governor Central Bank of the III.1 Solomon Islands] Hughne, Chris EMU and the markets IX.2 Huntington, Ian Management fraud in banks V.3 and Davies, David Idesawa, Toshio How do we manage the reserves held by the Bank of Japan? XVII.4 Imeson, Michael Central role for ECCB XIII.3 IMF staff The IMF bets on Tatiana Paramonova V.4 Inui, Taiji et al Central banks join the internet age XV.3 Isaac, William Interview with [Robert Pringle] XX.1 Israel Barnea, Emanuel, The supervision of banks [in Israel] VII.3 Israel, Bank of History of the Bank of Israel VII.3

16 Issing, Otmar Interview with Stephen Frowen XI.3 Interview with Robert Pringle XIV.3 Interview with Robert Pringle XIX.1 Jackson, Patricia The dangers of relying on point in time XXI.2 Jaffee, Dwight America’s investment banks XVIII.4 and Perlow, Mark Jaidev, Ramya Interview with Gill Marcus XXI. 1 James, Harold Central bankers’ cosy retreat XV.4 Japan centre for World economy to 1997 VI.4 International finance Jeffery, Interview: Norman Chan XXII.3 Christopher Interview: Jose Dario Uribe XXII.3 Interview: Stefan Ingves XXII.4 Interview: Robert Shiller XXII.4 New frontiers XXIII.1 Interview: Donald Kohn XXIII.2 Interview: Erkki Liikanen XXIII.2 Jochimsen, Prof Interview with [senior Buba council member] IX.3 Reimut Analysing the two-tier system [banking] IX.4 Johnson, Juliet A helping hand XIX.1 Johnston, David Interview with [ Sec-Gen of OECD] X.1 J. Jones, Claire News Analysis XVIII.3 Light in Gaza, Governor Jihad Alwazir tells Claire Jones why the XIX.1 Institution need to be a “Jack of all trades” Interview with Zeti Akhtar Aziz XIX.1 Interview with Raghuram Ragan XIX.2 Interview with William White XIX.4 Bank of Negara comes of age XIX.4 How can central banks avert the next crisis? XX.2 Follow the money XX.4 Interview with Peter Praet XX.4 Preventing system failure XXI.1 How Ireland is reforming its central bank XXI.1 Interview with Patrick Honohan XXI.1 Interview with Charles Plosser XXI.1 Interview with Andrew Sheng XXI.2 Interview with Agustin Carrstens XXI.2 Jordan, Thomas Reserve management and the credit crunch XVIII.4 J. Jospin, Lionel A prime ministerial view of central banks XI.1 Jusko, Marian Interview with [Governor NB of Slovakia] XI.1 Kahn, George Inflation targeting and the ECB IX.3 Kalternbrunner, The euro funding gap and its consequences XXI.2 Anita, Lindo, Duncan, Panceira, Juan Pablo and

17 Stenfors, Anders Kaufman, Henry Derivative markets: the need for a new regulatory structure IV.2 Keay, Justin But a sunny outlook for Cyprus and Malta XVII.3 Turkey gets a second chance XVII.3 Interview with Ivan Iskrov XVII.4 Cyprus and Malta XVIII.2 Keegan, William After Eddie [Next governor at the Bank of England] XII.4 Fund Memories XVII.2 Keeley, Terrence Reserve management XII.3 Kenen, Peter Key trends in central banking XI.1 Substance and semantics in ERM II XIV.4 Kenen, Peter and The accession countries: what is equal treatment? XIV.3 Meade, Ellen Kettell, Brian EMU “Armageddon” [EMU in 20 years ] IX.4 Understanding the new economy XI.4 Kiander, Jaakko Review A governor defends his record- Kullberg in Finland VIII.2 and Vartia, Pentti King, Mervyn On the record – first speech as governor XIV.2 On the record – speech on international money XV.4 King, Michael Explanations for independence in different countries XI.3 Independence at BoE XI.4 How the Bank of Canada gained credibility XII.1 Australia and NZ XII.2 King, Stephen Why price stability is not enough XIII.3 Three future risks XVII.4 Klein, David Interview with [G B of Israel] XI.2 Kloten, Norbert German Unification: a personal view VI.2 Knight, Malcolm Interview with [Benedict Mander] XIV.1 Knudson, Ulrik; Managing operational risk in a central bank XVII.3 Berg, Jesper, and Hyldahl, Suzanne Koehler, Ludwig Bamberger X.3 Benedikt König, Reiner and German monetary unification VI.1 Willeke, Caroline Kopits, George Central Europe’s bumpy road to the euro XVII.3 Inflation targeting under stress XIX.2 Kos, Dino Building a new financial system XIX.1 Forum: the bubble question XIX.2 Kozar, A Exchange rate regime and policy in the Republic of Slovenia VIII.1 Kraft, Vahur; The three Baltic states [Interview with governors form CBs in Estonia, XIV.4 Rimsevics, Latvia and Lithuania] Einars; and Sarkinas, Reinoldijus de Krivoy, Ruth How the central bank [Venezuela] was reformed [Pres] IV.3 Kurm-Engels, Weber stands his ground XVI.1 Marietta Kurtz, Gisela and Making sense of Maastricht II.3 Becker, Werner

18 Kurtzig, Joshua Accounting for central banks XII.2 Laidler, David Forum: the bubble question XIX.2 Lakshman, Inflation targeting: a user’s guide XVII.4 Narayan Assaults on independence XVII.4 Personal education: what central banks can achieve XVII.3 India’s foreign exchange debate XVIII.1 Lamfalussy, The shape of ERM in stage three VII.2 Alexandre Scorecard for the euro XII.3 Lamont, Norman Replies to article by Stephen Frowen IX.3 X.4 Lane, Philip New directions for the ECB XIII.3 But what if the US economy weakens? [Is the ECB on the right track?] XVII.2 Lang, Brian Bring costs down in cash supply XIX.2 Lang, Erzsébét Intermediate targets in VIII.1 and Tabák, Péter Large, Andrew The case for standards XXI.2 and Walker, David de Larosière, Has monetary policy influenced the French economy? II.4 Jacques Interview with [Robert Pringle] XV.2 A few thoughts on the global situation XVI.4 Prospects as an international currency XVIII.1 The rising financial power of emerging markets XVIII.3 Getting back on track XVIII.4 Thinking long term XX.1 The unintended consequences of the new prudential framework XXI.2 New fault lines in financial regulation XXII.3 Regulating internet banking X.2 Regulation versus growth XXIII.3 de Larosière, The Bretton Woods transcripts XXIII.2 Jacques and Hanke, Steve H. Lascelles, David Lastra, Rosa Accountability and independence trade-off XII.2 Lastra, Rosa and Governance in central banks [independence and accountability] X.3 Wood, Geoffrey Large, Andrew Managing liquidity risk in a global system XVI.3 Latter, Tony Deflation holds no terrors for Hong Kong XIV.1 de Lattre, André Renaud de la Genière I.3 Laurmaa, Timo Central bank websites XII.1 Lavigne, Etienne Investment portfolio techniques at a central bank XIV.2 Layland, Jill The numbers game XVIII.2 Why attitudes to gold have changed XXI.1 Keeping sight of the target XXIII.1 Layard, Richard Why the UK should join the euro soon XII.4 Leigh- Interview with [RP, WC] [Governor Bank of England] I.1 Pemberton, Robert

19 EMU and the Federalists II.4 London’s role in EMU II.4 Recent Banking Difficulties III.3 Leone, Alfredo Data and the crisis XXI.2 Li, Ruogu Interview with [People’s Bank of China deputy governor] XVI.1 Banking reform XVI.1 Liebscher, Klaus Talks with William Hall on life after monetary union VIII.3 Litan, Robert A view from Washington XIX.2 The Fed’s regulatory future XIX.4 Lomax, Rachel Supervision in the Single Market IV.3 Lonnberg, Ake Who signs the banknotes? XVIII.3 Lyons, Gerard Outlook for Japan VIII.3 Why rescues are wrong IX.2 McCauley, The euro and the dollar VIII.4 Robert McDonough, Extract form ‘Central bank cooperation- a progress report’ V.4 William J. Monetary policy: the case for a numerical goal. VI.4 MacFarlane, Ian Interview with [Stephen Bell] XVII.2 Mack, Connie Why the US should encourage dollarisation XI.1 McKinnon, Interview with [Robert Pringle] XV.2 Ronald Trapped by the international dollar standard XV.4 The credit conundrum XIX.2 Malhotra, R.N. Interview with I.1 Mancera, Miguel Interview with [Banco de Mexico] I.2 Mandeng, Reserve currencies and solving the new Triffin dilemma XIX.3 Ousmène Jacques The G-20 and the dollar: what’s new? XXII.2 The case for competition XX.4 Mander, Benedict Review of Martin Mayer on the Fed XII.1 How to succeed as a central banker XII.1 Argentina: the story so far XII.3 Review of Eichengreen and Mussa on financial crises XIII.2 How will Trichet speak? XIV.2 Mexico on an upswing XV.2 Marcus, Gill Interview with [Ramya Jaidev] XXI.1 Marshall, Robin Europe’s capital markets X.1 Martin, William Obituary by Majorie Deane IX.2 McChesney Matiukhin, Interview with RP [G CB of Russian Federation] II.4 Georgy Mayer, Thomas A market view of the ECB [Goldman Sachs] X.4 Mayes, David A robust exit” for an insolvent bank XIV.1 An American libertarian XVIII.2 Taking stock of Stockton XXIII.3 Mboweni, Tito Interview with RP XII.4 Meltzer, Allan H. EMU: a sceptical view VII.2 Interview with XII.3 Rational and irrational bubbles XIII.1 Greenspan’s legacy XVI.3

20 Mendzela, John Leadership and management XIII.2 Leadership and management XIII.3 How to manage the 21st-century central bank XVI.4 Value for money: financial accountability for central banks XVIII.3 Managing central banks: after the crisis XIX.3 Improving institutional governance in central banks XX.1 Governing the governors XXIII.2 Meyer, Hans Interview with [President of Swiss National Bank] VIII.4 Mihaljek, Eastern Europe’s risky credit boom XVII.1 Dubravko Miller, Marcus Rebuilding macroeconomics XX.1 Min, Liao and How Beijing is empowering the boardroom XX.4 Rui, Wang Mishkin, Frederic Forum: the bubble question XIX.2 Mohi-uddin, Bollard confounds his critics XVIII.2 Mansoor Morgan, E. “No” to a single European currency VI.2 Victor Morrison, Tony How a central bank should talk XIII.3 Moyana, Kombo Interview with [Governor RB Zimbabwe] IV.1 James Mundell, Robert What makes a great currency? IX.1 Do we need a new financial architecture X.2 Interview with [Robert Pringle] XII.4 Interview with [Robert Pringle] XX.2 Mwanza, Jacob Interview with [Governor B Zambia] VIII.4 Naameh, Michael Managing risk in open economies IX.1 Neely, Chris Foreign exchange intervention XI.2 Neiman, Richard Beyond Repair—Congress Contemplates the Bankrupt system of US I.3 H. Bank Regulation Why America’s central bank should be America’s bank regulator I.4 Nell, Jacob The fall of the house of Barings V.4 The great game: stabilisation and reform in Russia VI.2 Croatia stabilises the Kuna VI.3 Central banks and the News VI.4 The Bank of England’s strategy for London’s money markets VII.1 Report from Tbilisi [Georgia’s new currency] VII.1 Neumann, Reflections on Europe’s Monetary Constitution [EMS] III.3 Manfred J.M. Interview with XIII.4 The case for raising rates faster [Is the ECB on the right track?] XVII.2 New York Fed Safety Nets for Banks I.2 Ng, Tim Communicating macroprudential policy XXI.2 Nicholl, Peter How to break the curse of hyperinflation in the Balkans IX.4 The euro changeover in the Balkans XII.4 Niedermayer, When liquidity and reserve management collide XIX.3 Ludĕk Ratings agencies: regulate or downgrade XX.1 Rethinking reserve management XXI.1 The gathering storm XXII.2

21 Noakes, Baroness Interview with XI.1 Noyer, Christian Interview with Robert Pringle X.4 Why money still matters? XVII.3 Nugée, John Computer support for reserve managers XI.4 Accounting for reserves XIII.1 Beware fads and fashions [Accounting standards] XVI.2 The new dilemma facing central banks XVII.1 Reviews Robert J. Shiller’s The Subprime Solution XIX.2 Completeing the euro XIX.3 Reviews The Return of Depression Economics by Paul Krugman XIX.3 Restoring Normality to the financial system XX.2 O’Brien, Richard An overarching role for central banks? [chief executive at Amex bank] II.1 O’Connell, Interview with Neil Courtis XI.4 Maurice Oelkers, Dr Felix South Africa: a new era opens [Mboweni] X.1 Offenbacher, How inflation has come down (in Israel) VII.3 Akiva Olšovský, Rudolf Monetary policy responses to capital inflows in the VIII.1 and Matalík Opinion The politics of central banking in Eastern Europe II.3 A high risk profession, The EC governors report, The fed’s limited II.4 independence, Time to review Governor’s portfolios? After you, Prime Minister III.1 The Euromoney muddle III.2 The problem with risk management III.3 The collapse of the ERM IV.1 Price stability is not enough IV.1 World Bank promises to be better IV.1 Did Germany bungle reunification IV.1 New faces at the top IV.2 Politics and the Fund IV.2 The real needs of member countries IV.2 Let them loose IV.3 The right 300th birthday present IV.4 Rejuvenating the twins V.1 Fischer flutters feathers V.1 Greenspan’s hour V.2 The case for a strong currency V.2 Central bankers for Clinton V.3 UK monetary policy V.3 Britain and European money V.4 Europe’s mini-money union V.4 The private life of a central banker V.4 Money laundering in Japan V.4 Exploding Bundesbank myths VI.1 The Fed: a one-man band VI.1 ‘Le fonds c’est moi’ [camdessus] VI.2 Dubinin succeeds Paramanova at Russian central bank VI.2 Bretton Woods Roundup VI.2 Another snub for the bank VI.3

22 Central banks and the gold market VI.3 New era for Greece VI.3 Paul Volcker’s mission VI.3 Central Bankers’ public face VI.4 The [central banks’]bandwagon keeps rolling on VII.1 The euro: Britain on the sidelines VII.2 In praise of central banking VII.2 Is central bankism an extremist faith VII.3 New Labour—old bank VII.4 Central bankers’ new agenda VIII.2 The IMF’s doubts on the euro VIII.2 Keeping candidates waiting VIII.3 Central bankers eye the euro VIII.4 The new Bank of England VIII.4 Shame and suicide at the Bank of Japan VIII.4 Lighten up those annual reports IX.1 Central bankers man the lifeboats IX.2 Gerashchenko’s dilemma IX.2 Why exchange rate targets cannot work IX.3 Lost opportunity offered by strength of sterling IX.4 How central bankers view the euro IX.4 ECB bulletin gets thumbs up IX.4 The heavy cost of delaying UK entry to EMU X.1 Reflections on Alan Greenspan X.2 What future for governors X.3 Nursing the euro X.3 How to reform the Fund: Meltzer points the way X.4 Governors under siege XI.2 Danger of central banking becoming market driven XI.4 Paper war over Basel XII.1 The end of central banking XII.1 Japan XII.2 Perilous reliance on the dollar XII.3 Risks of high-profile central banking XII.4 Stress-testing the monetary regime XIII.1 Leadership in central banking XIII.2 US cavalry to the rescue XIII.3 Central bank (in)solvency XIII.4 Britain’s choice – key to the future of the euro XIV.1 Perspectives on deflation XIV.1 Mervyn King’s “nice” debut XIV.2 Rules and how to mend them XIV.3 Budget threat to monetary policies XIV.4 Bulwarks against chaos XV.1 Financial stability – the new frontier XV.2 From reserves to sovereign wealth management XV.3 World money: drifting to disaster? XV.4 Why the ECB needs to rethink its role XVI.1 Modernising central banks XVI.2 Why statistics matter [Hanke] XVI.2

23 Assessing the Greenspan era XVI.3 The IMF: all set for a real change of direction XVI.4 The Bank’s new take on financial stability XVII.1 Test for current model for policymaking XVII.2 How gold has regained a role for reserve currencies XVII.3 A happy tenth birthday? XVII.4 Don’t get stressed about sovereign wealth XVIII.1 A run on the Rock XVIII.2 One swallow does not make a summer XVIII.4 Financial system at risk XIX.1 The new financial landscape XIX.2 Can the regulators reform themselves? XIX.3 A brave new world XIX.4 Policymakers must restore trust XX.1 Confronting the financial lobby XX. 2 The spirit of the Volcker rule XX.3 Playing catch-up XX.4 Britain’s banking commission must be bold XXI.1 Central banks need new rules to deal with discretion. XXI.2 Oyama, Tsuyoshi Stress tests under fire XXIII.1 Padayachee, Inflation credibility XIX.2 Vishnu Padoa-Schioppa, Interview with II.2 Tommaso The euro goes east XIII.2 Page, Oliver Terry Smeeton: obituary XVIII.3 Papadia, The ECB’s collateral framework XVI.3 Francesco Papademos, Interview with [Governor Bank of Greece] VI.3 Lucas Pariwat, Sayan Cashless payments in Asia XVII.1 Park, Seung Outlook for the Korean economy XV.3 Interview with (Governor, Bank of Korea) [Robert Pringle] XV.3 Park, Yung Chul East Asia’s policy dilemmas XVI.4 Peacock, Sir Alan Obituary of E. Victor Morgan VII.1 Peaple, Andrew China’s monetary mandarins XVIII.3 Pennant-Rea, Tackling inflation at its roots IV.2 Rupert Penisch, Herbert The new central banks of Eastern Europe I.4 Persaud, Avinash Seven rules for foreign exchange XIV.4 Risky business XVIII.2 In praise of sovereign wealth funds XVIII.4 Phelps, Edmund Interview with Malan Rietveld XVII.3 Piterman, Sylvia Exchange rate policy [Israel] VII.3 and Topf, Barry Plenderleith, Ian Interview with XIII.2 Plosser, Charles Interview with [Claire Jones] XXI.1 Pöhl, Karl Otto Two Monetary Unions – the Bundesbank’s view I.1 Doubts on Monetary Union I.2 The future of Europe III.2

24 Polleit, Thorsten Dangers of excess liquidity XVII.2 Pontzen, Dr Lessons from the German banking crisis of 1931 IX.3 Martin Bank restructuring [of Buba post WWII] XI.3 Portes, Richard Challenging the Washington Consensus XVI.4 Portugal, Banco 150 years of central banking VII.1 de Interview with the governor VII.1 The impact of Maastricht VII.1 How the bank is supervised VII.1 Organisation and structure of the bank VII.1 Support for Portuguese-speaking countries VII.1

Posen, Adam S. Why central bank independence does not cause low inflation IV.2 The virtues of self-restraint XVII.4 PriceWaterhouse A Guide to the International Regulators I.2 Supplementing the Concordat I.2 Capital Convergence: The deadline draws near I.2 Quarterly Update of Banking and Financial Market Regulation I.3 PriceWaterhouse Quarterly Update of Supervision and Regulation I.4 (Brown and Norman) Pringle, Robert Review of ‘The view from Number 11’ by N Lawson III.3 Open letter to Rupert Pennant-Rea [DG BoE] III.3 Ten years in the governor’s chair [RLP] III.4 Gold retains its allure IV.1 A new era for the Banca de Espana V.2 How reserve bank manages Australia’s reserves VI.2 Review of International monetary cooperation since Bretton woods VI.3 The Fed and Central Bank cooperation 1970-96 VI.4 Review of Politics and the Pound VI.4 Birthpangs of a new currency euro VII.1 EMU: Not if but how VII.1 Why Japan’s business elite demands radical reform VIII.2 In Hong Kong with the IMF VIII.2 Reviews a life of Hajlmar Schacht, Hitler’s banker Tokyo diary X.3 Summary of introductory remarks opening a meeting of finance ethics X.4 group of Von Hugel Institute Why finance gives the West a bad name XIII.4 Why central banks need capital XIV.1 Reports from Dubai [Arab world; Afghanistan; Solomon Islands; XIV.2 ollarization; debt crises A bankers’ guild XIV.3 The central bank’s “no” to Annan XIV.4 The pursuit of financial stability – an outside view XV.2 Revolution in Kyrgyzstan XV.4 Dangerous drift in international money XV.4 Interview with Masaaki Shirakawa XIX.2 Interview with Rasheed Al Maraj XIX.4

25 Interview with Nasser Al Shaali XIX.4 From triumph to the brink of despair XX.1 Interview with William Isaac XX.1 Lessons from the crisis for monetary policy XX.4 Tokyo story XXI.1 Too big to fail, too big to reform XXI.1 Interview with Sir Andrew Large XXI.2 Interview: Robert Aliber XXII.3 Where the BIS falls short XXIII.1 The ghost at the IMF’s Tokyo feast XXIII.2 Pringle, Robert Rising from the ashes: the new Central Bank of Iraq XV.1 and Carver, Nick Pringle, Robert Forrest Capie’s Bank anecdotes XXI.2 and Clarke, William Pringle, Robert Understanding the Bundesbank VI.1 and Frowen, Stephen Proctor, Charles How safe are your reserves? XVII.1 Legislative barriers and Northern Rock XVIII.3 Quinn, Brian Principles of the lender of last resort III.4 Lessons from Barings and Daiwa VI.3 Ragan, New tools for central bankers? XIX.2 Christopher Rajan, Raghuram Interview with [Claire Jones] XIX.2 Forum: the bubble question XIX.2 Randzio-Plath, A question of accountability VIII.3 Christa Reddy, Y.V. Interview with [Nick Carver] XV.1 Regling, Klaus Strengthening the economic leg of the EMU XVIII.1 Rey, Jean-Jacques Interview with VII.1 Sovereign bankruptcy XIII.1 Towards a new Plaza Accord? XVI.1 Reviews It’s Not All About Money by Hans J Baer XIX.3 Raymond, Robert Currency Crises: a view from the Banque de France IV.2 Ribeiro Damaso Risk and Control XXIII.2 Maia, Isabela, de Cacella, Paulo Mauricio F and Fernandes, Jose Luiz B. Rietveld, Malan All eyes on the rand XVI.2 The difficult choice of an inflation target XVI.4 Interview with Edmund Phelps XVII.3 Mishkin – the new face at the Board of Governors XVII.3 Interview with Claudio Borio XVIII.2 The emerging Bernanke Fed XVIII.2 Interview with Michael Woodford XVIII.2 Into the limelight XVIII.3 Interview with Robert Shiller XVIII.4

26 Interview with Randall Kroszner XVIII.4 The new governor in Japan XVIII.4 Obamanomics vs McCainomics XIX.1 New faces in Washington XIX.2 Interview with Joseph Yam XIX.2 Interview with Paul De Grauwe XIX.3 Reserves and the crisis: an introduction XIX.3 Interview with Kenneth Rogoff XIX.3 Bright ideas and sombre moods XX.1 More dismal than ever XX.1 Rietveld, Malan The changing role of sovereign wealth managers XVII.4 and Pringle, Robert Rivlin, Alice Forum: the bubble question XIX.2 Roach, Stephen Time for a monetary policy rethink XVII.1 Roberts, Richard A Bretton Woods that never was XIV.4 Rogoff, Kenneth Interview with [Robert Pringle] XIV.4 Interview with [Malan Rietveld] XIX.3 Rojo, Luis Interview with [Governor of Banco de Espana] VIII.2 Roselli, Remembering Guido Carli XIX.2 Allesandro Rosenberg, Evergreen controversies XXIII.3 Andrew XIII.1 Ross, Märten Challenges of accession: Estonia Rossouw, Jannie Establishing the credibility of inflation targets XIII.1 Furhter problems of inflation targets XIII.3 Building inflation credibility XIII.4 Rossouw, Jannie Inflation credibility XIX.2 with Fourie, Johan and Padayachee, Vishnu Rossouw, Jannie Surveying inflation credibility XX.4 with Padayachee, Vishnu and Joubert, Fanie Rossouw, Jannie When private shares meet public interest XXII.2 and Breytenbach, Adele Roth, Jean-Pierre Interview with [Chairman, Swiss National Bank] XVII.2 Rowley, Anthony Yen- the only way is down XII.3 Disagreeing on banking crises [Reports from Dubai] XIV.2 Launching the Asian bond XIV.3 Asia’s currency in the making? XV.1 How Tokyo will market the yen XV.3 Japan’s debt dilemma XVI.2 Asia’s bonny bond markets XVI.3 Kuroda’s crusade for the ACU XVII.1 Rozanov, Andrew Who holds the wealth of nations? XV.4 Managing commodity based wealth XVII.1

27 A liability-based approach to sovereign wealth XVIII.3 Ruffley, David Accountability – a politician’s view XVI.2 Russia, Bank of History and organisation VII.2 Monetary policy VII.2 Exchange rate policy VII.2 Financial markets and banking VII.2 IMF and CBR VII.2 Governors of the Bank of Russia VII.2 Glossary-key terms in Russian central banking VII.2 Ryrie, Sir Financing the private sector in Sub-Saharan Africa I.1 William Rzwezutek, Ewa; Monetary policy and final targets in Poland VIII.1 Szczepanska, Olga; and Szpunar, Piotr Saadat, Owaiso Central banking and economic development III.4 Sabirin, Syahril Interview with [Robert Pringle] XI.4 Saccomanni, Obituary of Rinaldo Ossola II.1 Fabrizio Sachs, Jeffrey and Towards a market-based monetary system [Russia] III.1 Lipton, David Sandeman, Hugh A call for economic reform XXII.4 Sartip, Ahmad The IMF’s assessment of internal controls XIII.1 Saudi Arabia Special feature XIII.2 Saunderson, The Growth of the DM area IV.2 Allan Schiffman, Henry Good governance for central banks XV.1 Schlesinger, Current Issues in German and International Mon Policy III.3 Helmut Schimtz, Stefan How payment systems affect monetary policy XVII.2 Schimtz, Stefan Why central bank should look at liquidity risk XVII.4 and Ittner, Andreas Schobert, Why do central banks make losses XVIII.3 Franziska Schoenmaker, Europe’s lender of last resort VI.3 Dirk Scmid, Peter Monetary policy: Targets and instruments VI.1 Sekerke, Matt Sovereign wealth meets poverty in China XVIII.3 Sender, Henny How the Bank of Japan restored its influence III.4 Sermon, Chris Accountancy’s golden puzzle XVI.1 Sevcovic, Peter The implementation of a fixed exchange rate in the Slovak Republic VIII.1 and Jirsáková Sevcovic, Peter Intermediate Monetary Targeting in Slovakia VIII.1 and Konecná, Renáta Sevet, Jean- Operational risk management XIX.2 Charles Shadow Open argues for a reduction in US monetary growth VII.4 mkt committee

28 Shelton, Judy In gold we trust XXII.2 Sheu, Yuan-Dong Interview with [G CB of China] VIII.1 Shieh, Samuel L. Interview with GB II.3 Shirakawa, Interview with [Robert Pringle] XIX.2 Masaaki Sinclair, Peter Obituary of Maxwell Fry X.4 Sinn, Hans- The target trap XXIII.2 Werner Threats to the corporate sector [Is the ECB on the right track?] XVII.2 Six, Jean-Michel Skorov, George From economic reform to hyperinflation [Russia] III.3 The fall of the rouble V.3 Hard questions for the Bank of Russia IX.1 How much money should the Bank of Russia print? IX.2 Skorov, George The Soviet gold drain II.2 and Pringle, Robert Skreb, Dr Marko Croatian National Bank X.3 Sleeper, Robert How central banks manage their finances XV.4 Smetanin, Paul requirements of risk M framework XI.4 Smith, Benjamin Review of the Greenspan effect and The millennium in gold X.2 Smith, Gary Politics is hampering national wealth management XXI.1 Held in reserve XXII.2 Renminbi to shake up reserves management status quo XXII.4 The dynamic diaspora XXIII.3 Smithers, How Fukui should deal with deflation XIII.4 Andrew The Bank of Japan’s high-wire act XVI.3 Fukui prepares to raise rates XVI.4 Reviews Ben Bernanke’s Fed by Ethan Harris XIX.2 Toolkit for survival XXII.3

Smits, René Changing legal basis of central banks XII.4 Legal traps facing the ECB XXIII.2 Smout, Clifford Balancing transparency and discretion XVIII.3 XXIII.1 Snowdon, Interview: Sergei Arbuzov Catherine Socher, Karl Obituary: Wolfgang Schmitz XIX.3 Solbes, Pedro The pact’s performance and prospects XIII.1 Solomon, Robert Examines current proposals for reform of international monetary system V.1 Soros, George Towards a global open society VIII.2 de Sousa, Interview with [ G Banco de Portugal] VII.1 Antonio South Africa, Monetary and exchange rate policy VII.4 Reserve Bank of Economic developments over the previous 10 years VII.4 The reserve bank and gold VII.4 History and organisation VII.4 Special report The new central banks in the republics of the former Soviet Union II.3 Special The Indian Bank Scam IV.1

29 correspondent How bankers court the central banks: Reserve assets V.2 A quiet revolution: training central bankers V.3 The future of the city of London V.4 Stals, Chris Interview with [G RB of South Africa] III.1 A practical approach to central bank independence IV.3 Interview with VII.4 Stella, Peter Why central banks need financial strength XIV.2 Sullivan, Kenneth Learning to live with IFRS XVI.1 Using financial statements proactively XVIII.3 Summers, Bruce Inter-bank payment arrangements and the lender-of-last-resort VII.4 J. Introduction to IT special feature XV.3 Managing IT as a business XV.3 Summers, On the record: Lawrence Summers XVI.4 Lawrence Supinit, Vijit Interview with [G, B of Thailand] I.3 Thailand VI.2 Svensson, Lars Interview with [Nick Carver] XIV.2 Swoboda, Interview with [Robert Pringle] XV.3 Alexander Policy coordination and future IMF surveillance XVII.1 Szapáry, György Is Maastricht too tough? XIII.1 Szász, André Why monetary union might still happen VI.2 The politics of the euro XI.2 Szpunar, Piotr Lessons from the CEE XXII.4 Taniguchi, Reviews Gold : A bridge to a new age by Yasuo Takahashi VIII.4 Tomohiko No honeymoon for Fukui XIII.4 After Hayami [Next governor at BoJ] XII.4 Tan Sri Interview with [Governor of Bank Negara Malaysia] III.3 Dato’Jaffar Hussein Tapia, Matías conclusions from inflation targeting conference XI.3 Tatom, John Ronald Reagan – monetarist champion XV.1 Taylor, John B. Do we get more out of theory than we put in? XVIII.2 Taylor, Michael Bank Supervision: model solutions VI.2 Flawed independence for the Bank VIII.4 The Volcker Rule: wrong answer or the right question? XX.4 When experts fail: a response and reply XX.4 Welcome to Twin Peaks XXI.1 Thelen, Friedrich Who’s who in Germany XI.1 Thompson, Iain Performance measurement in central banks XVI.3 Thorat, Usha and The problems of capital flows—an Indian perspective IX.1 Rajan, Rajiv Polleit, Thorsten Dangers of excess liquidity [Is the ECB on the right track?] XVII.2 Tietmeyer, Hans EMU—A view from Frankfurt II.4 The role and instruments of monetary policy V.2 Interview with Stephen Frowen XI.4 Obituaries: Stephen Frowen XVIII.3

30 Trichet, Jean- Interview with [Governor Banque de France] VIII.3 Claude Tuma, Zdenek Interview with [Governor Czech National Bank] XIV.3 Interview with [Martina Horakova] XIX.4 Ubide, Angel A world out of balance XVI.4 Living with a strong euro XVIII.1 Unenbat, J. and Mongolia: the central bank helps economy ride out storm IX.3 Enhhuyag, B. Uzan, Marc What next for the G20? XIV.2 What to expect from Singapore XVII.1 The new geography of finance XVII.2 Venkitaramanan, India—central banking independence [Governor of the Reserve Bank of III.1 S. India] Venner, K Eastern Caribbean Central Bank XI.2 Dwight Vibert, Frank Making central banks legitimate XVII.3 When experts fail XX.3 Explaining the crisis and informing the future XXI.2 Vinkus, Trends in central banking transparency XI.2 Mindaugas Vojta, George J. The case for global standards XII.1 Volcker, Paul A. The triumph of central banking I.2 Interview with X.1 On the record: Paul Volcker XX.2 Wackernagel, Possibility of post-Argentina contagion XII.1 Madeleine Wadhwani, Interview with NC XI.3 Sushil Wahlig, Bertold Relations between the Bundesbank and the Federal government VI.1 Wakatsuki, Interview with GB [DG for IR of BoJ] II.2 Mikio Walter, Norbert Euro and the dollar IX.4 Germany and the euro: the tightrope of public opinion XXII.4 Warburton, Peter Inflation targeting: a child of our time? XXII.3 and Davies, Joanna Watson, C. Reinventing euro-area central banks XIV.2 Maxwell Watabe, Ryo Can Japan afford to grow? XXIII.1 Challenges for central banks XIV.3 A toolkit for financial stability XIV.4 Weale, Martin Greenspan’s record: where do we go from here? XIV.1 Webinar When to exit?: Charles Goodhart, Lucrezia Reichlin, Paul Mortimer-Lee XX.3 and Gabriel Stein, moderated by Claire Jones Official-sector balance sheets after the crisis: Ken Wattret, Daniel Gros, XX.4 Tim Young, moderated by Claire Jones Weller, Benedict How will the euro measure up against the dollar? IX.3 Reserve management survey-first results IX.4 The European challenge to Britain X.1 Investment bank relations with central banks X.1

31 How the big New York banks manage risk X.2 Bringing central banking to the people [Buba’s museum] XI.2 Weller, Benedict Governance in central banks [ committees] X.3 and Courtis, Neil Welteke, Ernst Interview with [Governor of Bundesbank]RP XI.2 Werner, Richard Japan’s new economy X.4 Werning, Argentina’s fear of floating XVIII.4 Vladimir White, Bruce Bagehot revisited XIX.1 White, Eugene Priorities for Obama XIX.2 White, William Interview with [Claire Jones] XIX.4 To lean or to clean? XIX.4 Williams, Marion Interview with [Blair Baker] XX.2 Wilms, Manfred Institutional Principles of a I.3 Witteveen, Dr Prospects for EMU III.2 H.J. The future of the Fund V.3 Interview with [former Head of IMF] IX.2 Wood, Geoffrey Further evidence on central bank independence III.2 NZ: A pioneer bank in a pioneer country V.1 Wood, John Prospects for an inflation-targeting Fed XVIII.2 Woolley, Paul and Taming the finance monster XXIII.2 Vayanos, Dimitri World Bank How the World Bank brings banking to the poor I.2 Worsley, Ken Breaking the impasse XVIII.4 Beschloss, Discuss World Bank survey of reserve managers X.4 Afsaneh and Mendes, Wendy Wright, Robert E Changing incentives XIX.2 Wyplosz, Charles The dangers of inflexibility XIII.1 The Duisenberg years XIV.2 A strong case for regional monetary cooperation XVI.4 Wytenburg, A defining role XXIII.3 Rudy Yaacoby, Amnon Liberalising financial markets VII.3 Yam, Joseph Interview with [Head Hong Kong MA] IX.1 Interview with [Malan Rietveld] XIX.2 Yianni, Andrew International bankruptcy proposals XII.3 Yorke, Michael Central banking on the move XV.3 and Klein, Jeff Young, Tim Monetary policy and asset prices XVIII.2 Young, Tim and Lookouts for financial instability XV.4 Nugée, John Yuan, Chen and The People’s Bank of China IV.3 Pringle, Robert Zimmermann, The StabFund: a look at teh inner workings of a bad bank XXI.2 Marcel and Szelyes, Zoltan

32 Special feature

Russia The Fall of the rouble, A quiet V.3 revolution: training central bankers, Russia’s new lady governor The Bundesbank VI.1 The Pacific Rim VI.2 The Bank of Greece VI.3 Greenspan’s Fed VI.4 Banco de Portugal VII.1 Bank of Russia VII.2 Bank of Israel VII.3 Reserve Bank of South Africa VII.4 Central Bank of China VIII.1 Banca de Espana VIII.2 The monetary dimension of European XIII.1 enlargement Saudi Arabian Monetary Agency XIII.2 Kazakhstan, Georgia, Turkey Central banks in transition XIII.4 Marchenko, Grigori Interview with Managadze, Irakli Interview with Özatay, Fatih Interview with EU enlargement – part 1 XIV.3 EU enlargement – part 2 XIV.4 Bank of Mongolia Mongolia’s success story XV.1 IT in central banks XV.3 Bank of Korea Mini feature XV.3 Is the ECB on the right track? Special feature XVII.2 Bank of England: ten years of independence Special feature XVII.4

The economic governance of the euro Special feature XVIII.1

Central Banking in the United States Focus on XVIII.2 The global credit crisis of 2007 Special feature XVIII.2 Value for money Special feature XVIII.3 Asia’s resurgence Special feature XX.2 The future of central banking Special feature XX.3 The Fed and the crisis Special feature XX.3 Crisis lessons for EU regulators Special feature XX.4 Tracking China’s currency Special feature XXII.2 Beijing’s second thought Special feature XXII.2 Hong Kong: where next> Special feature XXII.2

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