New York, September 9, 2010 – Global Finance magazine has named the
heads of the Central Banks of six countries — plus the European
Central Bank president — as the World’s Best Central Bankers over the
past year.
The “Central Banker Report Card” feature, published annually by Global
Finance since 1994, grades Central Bank Governors of 30 key countries
(and the ECB) on an “A” to “F” scale for success in areas such as
inflation control, economic growth goals, currency stability and
interest rate management. (“A” represents an excellent performance
down through “F” for outright failure.)
Subjective criteria also apply. Says Global Finance Publisher Joseph
Giarraputo, “During one of the toughest years on record, the World’s
Central Bankers were tested as never before. Every year, we try to
assess the determination of Central Bankers to stand up to political
interference and their efforts at forcing their governments to spend
less, and to open their economies to foreign investment and financial
services.
For editorial information please contact: Dan Keeler, Editor, email:
dan@gfmag.com
Those scoring in the “A” category in the report published in the
October issue of Global Finance are:
Country Central Bank Governors Grade 2010
European Union Jean-Claude Trichet A
Australia Glenn Stevens A
Israel Stanley Fischer A
Malaysia Zeti Akhtar Aziz A
South Korea Lee Seongtae A
Taiwan Fai-Nan Perng A
Turkey Durmus Yilmaz A
CENTRAL BANKER REPORT CARDS 2010
THE AMERICAS Country
Central Bank Governors
Grade 2010Grade 2009
Argentina Mercedes Marcó del Pont D N/A
Brazil Henrique de Campos MeirellesB+ B+
Canada Mark Carney B+ B
Chile José De Gregorio B B
Mexico Agustin Carstens B N/A
United States Ben Bernanke C C
EUROPE Country Central Bank Governors
Grade 2010 Grade 2009
Czech Republic Miroslav SingerToo early to say N/A
European Union Jean-Claude Trichet A A
Hungary András Simor C B
Norway Svein Gjedrem B C-
Poland Marek Belka Too early to say N/A
Russia Sergei M. Ignatiev B C-
Sweden Stefan Ingves B C-
Switzerland Philippe Hildebrand B- N/A
Turkey Durmus Yilmaz A B
United Kingdom Mervyn King B B
ASIA
Country Central Bank Governors
Grade 2010 Grade 2009
Australia Glenn StevensA A
China Zhou Xiaochuan C C
India Duvvuri Subbarao C B
Indonesia Darmin Nasution D N/A
Japan Masaaki Shirakawa C B-
Malaysia Zeti Akhtar Aziz A A
New Zealand Alan Bollard B C
Philippines Amando M. Tetangco Jr. B B
Singapore Heng Swee Keat B B
South Korea Kim Choong Soo Too early to say N/A
Taiwan Fai-Nan Perng A A
Thailand Tarisa Watanagase B C
AFRICA & THE MIDDLE EAST Country Central Bank Governors
Grade 2010 Grade 2009
Israel Stanley Fischer AA
Saudi Arabia Muhammad Al-Jasser B C
South Africa Gill Marcus B N/A
gfmag.com, September 9, 2010
Germany’s antitrust agency says it has fined a subsidiary of Thomas Cook AG euro1.2 million (1.6 million) for illegally coordinating prices of flights between Germany and Turkey.
