NEW YORK, August 8, 2019 — Global Finance magazine has released its Central Banker Report Cards 2019.
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 94 key countries as well as the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.
For the first time, central bankers from the following countries have been added to the list: Cambodia, Gambia, Krygryzstan, Laos, Madagascar, Mauritania, Mauritius and Rwanda.
Grades are based 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.
“Central bankers are facing the next potential recession with fewer arrows in their quivers and, in some quarters, unprecedented pressure on their independence,” said Global Finance publisher and editorial director Joseph Giarraputo. “With trade disputes and political instability gaining steam, nations look to central bank leaders to be steady hands on the world’s economic tillers, and this year’s top-rated bankers demonstrate just that kind of stable leadership, whether they are steering their nation through stormy times or battening the hatches with an eye to clouds on the horizon.”
The full Central Banker Report Cards 2019 report will appear in Global Finance’s October issue.
Central Bank Governors who received an “A” or “A-” grade will be honored at Global Finance’s 26th Annual Best Bank Awards at the National Press Club in Washington, DC on the morning of October 19 during the IMF/World Bank Annual Meetings.